NTT DOCOMO and PacketVideo today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million. The all-cash transaction, effective immediately, is intended to strengthen DOCOMO's position in advanced music and video services in Japan. continued »

PacketVideo (PV) announced today the commercial availability of PV's mobile video application for the Apple iPhone, enabling the delivery of operator-branded TV and video services. Mobile operators are expected to offer the new iPhone application under their own brands via the iPhone Application Store, enabling subscribers to view local live television channels and on-demand video clips. continued »