ZVUE Corp. (fka Handheld Entertainment) has announced Q3 revenue of $617,000, up over five-fold from last year’s $123,000. Net losses, reported separately in an SEC filing, grew to $4.2 million from $3.4 million. Much of the gain came from its core device business, which grew 315 percent to $511,000. Ad revenue came in at $106,000, compared to nothing in the prior period, the result of its aggressive acquisition strategy. In the filing, the company said that its acquisition of eBaum’s World for up to $52.5 million with earnouts, closed on October 31 (after the end of Q3). For 2008, the company is anticipating revenue of $12 - $13 million, much of which will come from the eBaum’s acquisition. Earnings release

• HandHeld To Acquire eBaum’s World For $15 Million Cash; Other Payouts Possible