Fox Buys Flektor and Photobucket

Fox Interactive Media (FIM) today announced separate agreements to acquire Photobucket (http://www.photobucket.com) and Flektor, Inc (http://www.flektor.com). Photobucket is one of the Web’s most popular photo- and video-sharing services, and Flektor is a next-generation Web site that provides users with a suite of Web-based tools to transform their photos and videos into dynamic slideshows, postcards, live interactive presentations and video mash-ups. Terms of the deals were not disclosed.

“The acquisition of these two companies is a perfect strategic fit for us that reinforces FIM’s leadership in user-generated content,” said Peter Levinsohn, President of Fox Interactive Media. “As a leading site for creative expression Photobucket extends our reach among personal media sharing enthusiasts and the innovative new entrant Flektor brings highly-differentiated new tools to the table that will drive the next generation. Together, they represent a powerful combination and we are thrilled for them to join our network.”

Photobucket and Flektor join a number of other leading online destinations within FIM, currently the Web’s most-viewed network in the U.S. with more than 45 billion page views per month.* The group’s properties include MySpace, IGN Entertainment, FOXSports.com, AmericanIdol.com and others.

PHOTOBUCKET
Photobucket (http://www.photobucket.com) has over 42 million users* linking billions of personal photos, images, slideshows, and videos to hundreds of thousands of Web sites. In addition, 47% of all Photobucket users link to social networks such as FIM’s MySpace (http://www.myspace.com), the world’s leading lifestyle portal.

Photobucket is expected to remain in operation as a standalone site while its technology and tools will be used to enhance sites across the FIM network, as well as the more than 300,000 other Web sites linked to by Photobucket’s users. Photobucket is based in Denver, CO, with additional offices in Palo Alto, CA.

“Becoming part of the Fox Interactive Media network will have a tremendous and positive impact on our ability to serve our users’ needs,” said Alex Welch, CEO Photobucket. “We plan to continue developing innovative tools that enhance self-expression and allow our users to have the best media sharing, linking and searching experience on the Web. Partnering with FIM will give us the resources and support to deliver on this vision, as well as the ability to offer new opportunities to our end users, customers and partners.”

FLEKTOR, Inc.
Flektor’s innovative technology enables users to edit video and audio content in real-time, and either publish the finished product to Flektor.com (http://www.flektor.com) or embed it on any number of Web sites, blogs or social network profile pages.

By offering both editing and storage capabilities, Flektor gives content creators the tools to easily create mash-ups or other types of user-generated media clips without incurring the cost or technical expertise necessary to store and manage large files. Flektor’s approach to streaming photo slideshows and videos allows users to incorporate live features, such as quizzes and polls, into their creations and update previously-posted content without having to re-post the files.

”We founded Flektor to give Internet users the tools they need to easily create, connect and share content,” said Jason Rubin, co-founder of Flektor. “Becoming a part of the Fox Interactive Media network will enable us to deliver these tools to the broadest possible online audience.”

iTunes Plus

Apple today launched iTunes Plus — DRM-free music tracks featuring high quality 256 kbps AAC encoding for audio quality virtually indistinguishable from the original recordings — for just $1.29 per song. iTunes Plus is launching with EMI’s digital catalog of outstanding recordings, including singles and albums from Coldplay, The Rolling Stones, Norah Jones, Frank Sinatra, Joss Stone,
Pink Floyd, John Coltrane and more than a dozen of Paul McCartney’s classic albums available on iTunes for the first time.

iTunes will continue to offer its entire catalog, currently over five million songs, in the same versions as today — 128 kbps AAC encoding with DRM — at the same price of 99 cents per song, alongside the higher quality iTunes Plus versions when available. In addition, iTunes customers can now easily upgrade their library of previously purchased EMI content to iTunes Plus tracks for just 30 cents a song and $3.00 for most albums.

“Our customers are very excited about the freedom and amazing sound quality of iTunes Plus,” said Steve Jobs, Apple’s CEO. “We expect more than half of the songs on iTunes will be offered in iTunes Plus versions by the end of this year.”

“This is a tremendous milestone for digital music,” said Eric Nicoli, CEO of EMI Group. “Consumers are going to love listening to higher quality iTunes Plus tracks from their favorite EMI artists with no usage restrictions.”

With the release of iTunes Plus, customers can now download tracks from their favorite EMI artists without limitations on the type of music player or number of computers that purchased songs can be played on. iTunes is also offering customers a simple, one-click option to easily upgrade their library of previously purchased EMI content to the iTunes Plus versions. EMI music videos are now also available in iTunes Plus versions with no change in price. iTunes Plus songs purchased from the iTunes Store will play on all iPods, Mac or Windows computers, widescreen TVs with Apple TV and soon iPhones, as well as many other digital music players.

iTunes U

Apple today announced the launch of iTunes U, a dedicated area within the iTunes Store (www.itunes.com) featuring free content such as course lectures, language lessons, lab demonstrations, sports highlights and campus tours provided by top US colleges and universities including Stanford University, UC Berkeley, Duke University and MIT.

“iTunes U makes it easy for anyone to access amazing educational material from many of the country’s most respected colleges and universities,” said Eddy Cue, Apple’s vice president of iTunes. “Education is a lifelong pursuit and we’re pleased to give everyone the ability to download lectures, speeches and other academic content for free.”

“From its earliest days, Stanford has sought to serve the public by sharing the knowledge generated by our faculty and students,” said Stanford Provost John Etchemendy. “Our partnership with Apple and iTunes U provides a creative and innovative way to engage millions of people with our teaching, learning and research and share the experience of intellectual exploration and discovery that defines our university.”

Created in collaboration with colleges and universities, iTunes U makes it
easier than ever to extend learning, explore interests, learn more about a school and stay connected with an alma mater. Content from iTunes can be loaded onto an iPod with just one click and experienced on-the-go, anytime, making learning from a lecture just as simple as enjoying music.

The iTunes Store features the world’s largest catalog, adding new education content to over five million songs, 350 television shows and over 500 movies. The iTunes Store has sold over 2.5 billion songs, 50 million TV shows and over two million movies, making it the world’s most popular online music, TV and movie store.

200 Million Online DS Game Sessions

Nintendo Wi-Fi Connection has crossed two huge milestones within just days of one another. Worldwide, since its launch in November 2005, Nintendo’s wireless gaming service has now connected more than 5 million unique Nintendo DS owners, and those gamers have racked up more than 200 million game-play sessions. Worldwide, nearly 65 games can be played via Nintendo Wi-Fi Connection. The five most popular globally are Animal Crossing: Wild World,
Mario Kart DS, Metroid Prime Hunters, Pokémon Diamond and Pokémon Pearl.

“Nintendo DS gamers globally use Nintendo Wi-Fi Connection as an easy, fun place to find fellow players, all without paying anything extra for the service,” explains Nintendo of America President Reggie Fils-Aime. “The milestones represent millions of hours of fun and camaraderie despite miles between players.”

Nintendo DS continues to enjoy record-breaking success. According to new figures from the independent NPD Group, DS was again the top-selling video game system in April, with more than 470,000 units sold in the United States alone. That’s nearly 16,000 per day.

Nintendo DS also finds success beyond the stereotypical young male gamer. According to internal Nintendo demographic tracking studies, in less than 18 months, DS purchases have increased by 42 percent among women, 127 percent among people 30 and older and 212 percent among people 35 and older.

If Tony Was A Rock Star

There are times when we have to laugh and have a good time, and this is one of them. Mark Wright has dared to ask the question what if Tony was a rockstar? You know Tony Blair the prime minister of the UK? Ring any bells? Come on people! 😐

“I definitely wanted to carry on with the band. I always wondered, could I have ever actually done it?” – Tony Blair, 2005

“I’ve always been intrigued by a Prime Minister who takes his guitar away with him whenever he goes on holiday. It’s clear that music has been, and continues to be, an important part of his life. Now that he’s stepping down I wonder if he will reform his band and go out on tour? The ‘Ugly Rumours’ reunion is surely long overdue!” – Mark Wright

We’ve got the song playing in the Music – Lyrical show. You’ll be able to buy this song on June 18, 2007 on iTunes and Revolver Records.