Ifilm

Ifilm, an Internet portal for short films and animations, said it has raised $10 million from an investment group including Eastman Kodak Co., Sony Pictures and Yahoo Inc. The infusion shores up Ifilm's financial position at a time when many investors are backing away from companies in the struggling online entertainment sector. Ifilm, based in Hollywood, offers links to thousands of short films and cartoons, as well as tools and information for entertainment-industry professionals.

Pop.com and IFilm won't be merging after all. The parties broke off talks Friday after confirming two days ago that they were in advanced discussions to fold the unlaunched Pop.com Web site--founded nearly a year ago by DreamWorks SKG and Imagine Entertainment--into IFilm, an Internet portal and industry services company. Industry sources speculate that a major deal-breaker was control and distribution of ownership of the merged company.

Ifilm, an Internet portal for short films and animations, said it has raised $10 million from an investment group including Eastman Kodak Co., Sony Pictures and Yahoo Inc. The infusion shores up Ifilm's financial position at a time when many investors are backing away from companies in the struggling online entertainment sector. Ifilm, based in Hollywood, offers links to thousands of short films and cartoons, as well as tools and information for entertainment-industry professionals.

Pop.com and IFilm won't be merging after all. The parties broke off talks Friday after confirming two days ago that they were in advanced discussions to fold the unlaunched Pop.com Web site--founded nearly a year ago by DreamWorks SKG and Imagine Entertainment--into IFilm, an Internet portal and industry services company. Industry sources speculate that a major deal-breaker was control and distribution of ownership of the merged company.