Hasbro, Inc. (NYSE: HAS) and Discovery Communications (NASDAQ: DISCA) (NASDAQ: DISCB) (NASDAQ: DISCK) today announced an agreement to form a 50/50 joint venture, including a television network and website. This would create another challenger to the popular Disney Channel and Nickelodeon networks.

VisionChina Media (Nasdaq:VISN), an out-of-home digital television advertising networks on mass transportation systems, said it has expanded its exclusive agency agreement with Guangzhou Metro TV Media Company (GMTM) in Guangzhou to allow the inclusion of both national and Guangzhou-based businesses as advertisers on the company's network in Guangzhou.

NCsoft, commemorates five years of Lineage II service in the West with the launch of Gracia Final, a free expansion pack.

The company said that Gracia Final added a new continent and refined player-versus-player (PvP) combat. Other highlights of the Gracia Final expansion include more clan features, territory wars, new items, and new skill effects.

Future Ads, the owner and operator of Gamevance.com, which claims to attracts over 12 million unique visitors a month announced the launch of PlaySushi.com (www.playsushi.com), a new casual games hub with titles from proprietary Gamevance games, and third-party developers. While Gamevance generally targets casual gaming's female demographic, PlaySushi is designed to attract the slightly younger - and growing - male-skewing casual games audience.

Baidu reported total revenues of RMB810.7 million ($118.6 million) for the first quarter of 2009, representing a 41.1% increase from the corresponding period in 2008. Net income in the first quarter of 2009 was RMB181.1 million ($26.5 million), a 23.5% increase from the corresponding period in 2008.

NetDragon Websoft announced that The Warlords, the English version of Tou Ming Zhuang Online, entered its open beta testing on April 24. The Warlords is a 2.5 D MMORPG game jointly created by NetDragon and China Film Group, sharing the same story as the film titled The Warlords.

Internet services company Sify Technologies Limited (NASDAQ: SIFY) reported revenues of $ 121.62 million for the year ended 31st March 2009, 3% higher than the previous year's revenue of $ 117.88 million.

NCsoft, today announced that on the cusp of its fourth anniversary, the Guild Wars franchise has exceeded six million units sold. To commemorate these milestones, ArenaNet has just released a major content update, including new quest content and extra storage options.

Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its first quarter ended March 31, 2009.

Net sales increased 18% to $4.89 billion in the first quarter, compared with $4.13 billion in first quarter 2008. Excluding the $268 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 25% compared with first quarter 2008.

DICE, an Electronic Arts Inc. studio (NASDAQ:ERTS), today announced that Battlefield 1943 will be available in June for $15 USD in the Xbox LIVE Marketplace (1200 MS Points) or the PlayStation Store. The arcade title will also be available for PC in September, a few months after release on the Xbox and PlayStation stores. Battlefield 1943 is a new multiplayer game with popular maps inspired by Battlefield 1942.