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Kazaa Sold To Altrinsic

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Sherman Oaks-based Brilliant Digital Entertainment , operator of the Kazaa peer-to-peer digital music service, has sold its Kazaa peer to peer network and brand, according to New York-based Altrinsic. Kazaa, and Brilliant Digital Entertainment had been mostly dormant since sometime around 2006.

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Channel M Acquired By PlayNetwork

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Channel M is a producer of content for in-store TV networks; PlayNetwork is a developer and distributor of entertainment to retails. The firm will continue to maintain offices in Sherman Oaks. Tags: channelm playnetwork merger acquisition home advertising media network.