Seth Gilbert, 05-7-2009
For a while before the economy turned south, digital film production specifically tailored for internet distribution was all the rage. Turn back the clock a year or a year and half ago and Deca, 60 Frames, Next New Networks, and a handful of others all clamored for position in what they hoped would become a solid market. Even Microsoft was in the act with its own Digital Upfront. But things are different now: with ad markets weak and competition for consumer attention also large (Hulu, YouTube, Network TV etc), the revenue stream many of these startups counted on has yet to find a solid foundation.
60 Frames, which was started in 2007 with $3.5m in outside funding and incubated with the support of talent agency UTA and ad agency Spot Runner, appears to be a casualty.
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Seth Gilbert, 05-6-2009
It’s now official. A day after receiving a design patent for the look of the Kindle, Amazon revealed a widescreen model of its eBook platform called the Kindle DX.
The new model, with a 9.7 inch diagonal screen is two and half times larger than the second generation model revealed in February. Overall, its size nears the scale of a standard sheet of paper.
The storage on the device jumps to 3.3GB, enough to store 3,500 books, the company says. The DX model also features native PDF support and an auto-rotation feature similar to the iPhone that reorients the display to portrait or landscape mode depending on the way the device is held.
Confirming earlier rumors of newspaper involvement – three papers, the New York Times, The Boston Globe (also owned by the New York Times Company), and the Washington post will offer Click to Read More
Jon Miles, 05-5-2009
CBS has been working to make last.fm a more integrated part of its digital porfolio. In late March, Last.fm announced its streaming music service would no longer be free in some international markets. Tuesday,CBS said it will bring the more than 100 websites in the CBS Radio portfolio and Last.fm together into a single new unit to be called the CBS Interactive Music Group.
David Goodman who joined CBS Radio in 2002 will lead the new combined unit. Goodman became President of Marketing in 2005 and President, Digital Media and Integrated Marketing in 2007. Before CBS, he spent six years at the Warner Music Group. Goodman will report to Neil Ashe, the president of CBS Interactive.
The combined group will reach more than 40m people, the company said.
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Lee Freeman,
Leading a busy week of entertainment industry earnings reports that also includes News Corp and CBS, both Marvel Entertainment and Disney reported today. The quick facts, by the numbers:
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Seth Gilbert, 05-4-2009
If printed newspapers are slowly dying, are eBook readers the phoenix to rise from their ashes? Is the answer to next-generation media delivery really portable devices tailor-made for reading periodicals and daily news?
With competition between smartphones, netbooks, laptops - not to mention the fact that delivery technology doesn’t directly address the cost issues associated with news generation, and reporting – the answer is debatable but plenty are taking a close look at the prospect, or even wagering a bet. News Corp., for one, has expressed interest in the exploration. Hearst is expected to launch its own product this year (and is also invested in display maker E ink). And then, the companies behind USA Today (Gannett) and the Financial Times (Pearson Plc) have also jumped, working with Plastic Logic.
Whenever the products come out, though, they may be playing catch up. Amazon beat them all to the punch with its Kindle, and now, it appears, some new variation on the theme more narrowly aimed at news media may be revealed this week.
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Seth Gilbert,
The print media’s struggle to adapt to the drastic changes wrought by the Internet is far from over but today the New York Times Co. managed to at least partially defer the immediacy of one of its pressing problems: Boston Globe union negotiations. After more than a month of contentious talks, a settlement was reached with most participants.
The Boston Globe paper lost $50m in 2008 and was poised to lose another $85m this year if it continued on the same path. Looking to slow the bleeding, the Times Co. wanted at least $20m in concessionary cutbacks, and other contractual concessions (including the elimination of some lifetime job guarantees).
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Seth Gilbert, 04-30-2009
After months of rumors, it’s official. Disney has hopped on the Hulu bandwagon. Subject to regulatory approval, Disney will take an equity stake in the video aggregrator/distributor alongside News Corp, NBC/Universal and Providence Equity Partners (which bought its stake in 2007).
In exchange for the equity, Disney will give Hulu the rights to broadcast full length programs from ABC’s catalog including Prime Time hits, and classics. Access will span the ABC Family, SoapNet, ABC and Disney Channel brands.
The deal will put three major networks (NBC, ABC and Fox) side by side in a joint video distribution platform. When it comes to online distribution of feature length TV content, the deal will make Hulu, “Network 1.”
That may not bode well for YouTube Click to Read More
