Are Warner Music Group and EMI, which have been circling each other for nearly a decade, finally ready to consummate their relationship?
That’s the obvious question in light of news that both Terra Firma, the private equity group that bought EMI in 2007, and Citigroup, which funded most of that transaction, have written down most of their investments in the music company.
The new conventional wisdom is that sooner or later, consumers will have to start paying for some of the stuff they currently get for free on the Web.
But will they actually pay up? Here, the conventional wisdom is not so helpful. Nor are studies predicting consumer behavior.
Little by little, AOL is offering investors more and more details about what the company will look like after it spins off from Time Warner. But the more AOL discloses, the less attractive the company looks. The newest problem: AOL’s steady flow of Google money is going away.
Are the folks who put together “The Office” clairvoyant or what? These things are written and shot many weeks in advance, yet last night’s episode contains a perfectly timed reference to the News Corp./Google paywall controversy.
AOL formally acknowledged that it plans on a round of very large cuts: In a filing with the Securities and Exchange Commission, the Time Warner unit said it plans on taking up to $200 million in restructuring charges through the first half of 2010. Earlier this week, Kara Swisher reported that AOL’s coming spinoff would be followed by layoffs of up to 1,000 employees.
If you’re someone who gets paid to market to people who use YouTube, there’s a good chance you already know about TestTube, the site’s suite of experimental services. The rest of us will find interesting novelties, like “Insights for Audience”: A nifty way to find out what people like–or unlike–you are watching.
If you want to buy Bill Gates’s house, you need something like $150 million. But what about a tour of the place, guided by the Microsoft co-founder himself? Much more affordable.
While Rupert Murdoch is busy thumbing his nose at Google, he is making more friendly overtures to other media players. Sources tell me his News Corp. may join the digital e-reader storefront that Time Inc. and other magazine publishers are putting together.
The newest twist in Google’s quest to wring more more money out of YouTube: Ads you don’t have to look at. That’s a refreshing change of pace, no?
The digital disruption wave is crashing down on the ad business. One agency’s response: A line of jewelry “that takes interesting data and transforms it into wearable art.”
AppNexus, an ad-buying “platform,” has raised $5 million in round led by Kodiak Venture Partners, along with Venrock and First Round Capital. The company is one of many trying to take advantage of “real-time” bidding for Web display ad inventory.
You think you’re paying too much for cable TV? Check out this nugget, buried in satellite TV provider Dish Networks’ quarterly filing: The company has spent $328 million in its legal battle against Tivo this year, and that bill could keep growing.
Why did Google start labeling blogs as “blogs” in its search results? Eric Schmidt thinks it may have to do with your mother.
It’s official: Scripps Networks Interactive has won the Travel Channel auction. In a deal that values the channel at $975 million, Scripps will acquire a majority interest in the property while current owner Cox retains a 35 percent stake. News Corp., among others, had been bidding for the channel.
Slowly but surely, YouTube has been able to bump up the number of “premium” content creators willing to hand over some of their stuff to the world’s biggest video site. Here’s yet another one: Funny or Die, the comedy site backed by Will Ferrell, Sequoia and HBO, among others.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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