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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

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Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. YuuZoo apparently was bidding against Lenovo and Legend Holdings for Relativity Media.

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Myspace Launches New Music Player

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Beverly Hills-based Myspace , the online entertainment site now owned by Specific Media, said this morning that it has released a new music player. Myspace said the player is the "biggest development" at the firm since its acquisition by Specific Media earlier this year. READ MORE>>.