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The Economics of the Internet
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Fox Sports Net Quietly Rolls Out A Dozen Local Sites
ESPN (NYSE: DIS) and Comcast (NSDQ: CMCSA) have been grabbing headlines for their online local sports expansions, Fox Sports Net has been rolling out the soft launch of a dozen local sites over the past couple of weeks. So quietly that it took an alert reader to clue me in and, thanks to Steve, paid …
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Several High-Profile BusinessWeek Staffers Won't Make The Move To Bloomberg
well-known BusinessWeek columnists and editors are among the 100 staffers Bloomberg has cut when the magazine next month. Some of the names include senior reporter Stephen Baker, Technology & You columnist Steve Wildstrom, personal finance editor Lauren Young, engagement editor Shirley Bra …
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iVillage Hires MTVN Marketing Exec Balsam-Schwaber
Balsam-Schwaber has left her post as a senior marketing exec at MTV Networks (NYSE: VIA) to take on a similar role at NBC Universals iVillage. This is the second big hire for iVillage within the past two months. In September, publishing vet Joe Lagani defected from Glam Media to head up ad sale for …
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Morgan Freeman-Backed Digiboo Launching Movie Download Kiosks
letting people download, transport and then play movies using a USB drive will be the ticket to busting Hollywoods DVD sales slump. Thats the logic behind studio-backed initiatives from DivX, CinemaNow and Widevine, and now, Digiboo, an L.A.-based startup that just got a cash injection from Revelati …
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Google Shows Off Its Chrome OS
Google (NSDQ: GOOG) isnt launching its Google Chrome operating system quite yetbut it is ready to talk about it. During an event Thursday, VP of product management Sundar Pichai said the operating system was a year away from launch but said the company had made tons of progress on what will certainl …
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MTV Marketing Exec Balsam-Schwaber Departs For iVillage
Balsam-Schwaber has left her post as a senior marketing exec at MTV Networks (NYSE: VIA) to take on a similar role at NBC Universals iVillage. This is the second high-profile departure at MTVN since Nada Stirratt exited as EVP for Digital Advertising last month to join MySpace as its chief revenue o …
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DJ's Hinton: WSJ Has 30,000 Kindle Subs
30,000 users subscribe the Wall Street Journal Kindle Edition, Dow Jones head Les Hinton told the Paley Center conference Rafat is attending this morninggreat for a primitive device. Put that way, it suggests the potential for a nice income as devices get more sophisticated and and more models with …
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Microsoft's Ballmer Defends His Company's Performance
(NSDQ: MSFT) CEO Steve Ballmer hasnt quite gotten the best reviews lately (Newsweeks Dan Lyons recently called Microsoft under his leadership the companys lost decade.) But during the companys annual meeting Thursday, Ballmer offered a defense of the companys performance, saying that despite Microso …
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Report: Nielsen Mag Sale Could Come Friday
sale of Nielsens b2b mag titles to James Finkelsteins News Communications could come as soon as Friday, TheWrap continues to insist, even as the company signals it plans to keep the properties. TheWrap is wrong on at least one detail, namely that Veronis Suhler Stevenson is managing the purchase. A …
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Twitter Premium Accounts Due By Year's End
hows Twitter going to make any money? One of its biggest fans, British actor and polymath Stephen Fry, gave co-founder Biz Stone one idea when the pair shared a Nesta panel in London on Thursday Supposing I was to say to someone: you can have my Twitter identity for an hour on Wednesday if you pay …
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GameStop Goes Digital With Jolt Acquisition, But Used Games Still Drive Max Profits
a slump in game sales industry-wide, GameStop delivered strong Q3 numbersperforming much better than it did in the previous quarter, and vs. Q308. The company delivered a 31-cent share profit on $1.83 billion in revenues, up 8.2 percent year-over-year; net profit was up nearly 12 percent. As has b …
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Live From Paley Center: Zucker, Hinton and Other Media Moguls
am at Paley Center in midtown Manhattan, on day two of their international media conference. Among the speakers this morning included Jeff Zucker, CEO of NBC Universal (NYSE: GE), where he had nothing much to add about Comcast-NBCU talks. Also on the panel on future of news. Jon Klein, president of …
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Scripps Networks Acquires 69 Percent Stake In NDTV Lifestyle For $55 Million
broadcaster NDTV Ltd and US-based Scripps Network Interactive today said they were forming a strategic alliance in the lifestyle broadcasting space in India. As part of the deal, Scripps will acquire 69 percent stake in NDTV Lifestyle Ltd, with the NDTV Group retaining the rest. Scripps will pay $ …
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Scripps Networks Acquires 69% Stake In NDTV Lifestyle For $55 Million
broadcaster NDTV Ltd and US-based Scripps Network Interactive today said they were forming a strategic alliance in the lifestyle broadcasting space in India. As part of the deal, Scripps will acquire 69% stake in NDTV Lifestyle Ltd, with the NDTV Group retaining the rest. Scripps will pay $55 mill …
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Updated: AOL Slashing A Third Of Staff; Armstrong Will Forego '09 Bonus
Staci D. Kramer] We said last week that the cuts at the new AOL (NYSE: TWX) could go far deeper than the anticipated 1,000. At the time, execs declined comment but today the company admitted that it is it slashing its 6,900-member staff by roughly one-third. Employees around the world were told toda …
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AOL Slashing A Third Of Staff; Armstrong Will Forego '09 Bonus
said last week that the cuts at the new AOL (NYSE: TWX) could go far deeper than the anticipated 1,000. At the time, execs declined comment but today the company admitted that it is slashing the staff by roughly one-third. Employees around the world were told today via email and a video memo from CE …
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AOL Looking To Reduce Global Workforce By One-Third; Armstrong Will Forego '09 Bonus
it prepares for its Dec. 9 spinoff from Time Warner (NYSE: TWX), AOL CEO Tim Armstrong may need to reduce one-third of the companys workforce as it reorganizes itself, according to an SEC filing. The goal of the restructuring is to reduce ongoing annual operating costs by approximately $300 million …
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U.S. Labels Unconvinced By Spotify's Freemium Model
music streamer Spotifys U.S. launch is being held up because labels are concerned too few users may migrate from ad-supported to premium. FT.com reports anonymous concerns from three of the four major labels. One exec: As an ad-supported service, the economics dont work at all. We think Spotify is …
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After A Long Year, Spot Runner Launches Malibu Media Platform
year after web-based TV creative ad agency Spot Runner started its push into the ad buying side of the business, the company is finally launching the Malibu Media Platform. The sales platform addition is meant to complement Spot Runners customizable cable TV commercials, which are mostly aimed at sm …
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IAC's Notional Flaunts TV Ambitions; Unveils Slate
wants to be taken seriously. That might be a little tough ordinarily for a new cross-platform video production company birthed by a website called CollegeHumor but Notional has great genes and, in Barry Diller, a godfather with serious pull. It also has a very real slate with production commitments …
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