Warner Music and YouTube, co-owners of the one of the Web’s nastiest spats, are about to patch things up. How’d they do it? By cutting a deal that looks a lot like the one YouTube has already made with Universal Music Group.
Vevo, the music industry’s attempt to create a Hulu-like hub for its videos, is going to attract a lot of eyeballs when it launches later this year. Here’s the guy who’s supposed to attract advertisers: David Kohl, a former Nokia executive who starts work today as the site’s sales boss.
Is Time Inc. building a Kindle Killer? Nope.
A report suggests that Time Inc. wants to get into the hardware business and produce its own e-reader.
That’s something other publishers, like Hearst and News Corp., are actually doing or have at least mulled. But multiple sources familiar with the Time Warner unit’s thinking say that’s not the case here.
The Kindle gets plenty of attention, but the e-book reader is still a niche device. When will that change? When it gets cheaper. A lot cheaper, says a new Forrester study.
Big, beautiful high-def TVs are so plentiful and so cheap that nearly everyone who wants one has one. So what can TV manufacturers do to goose sales? Add new features and hope consumers clamor for them.
Hence, Sony’s announcement that it’s making a big bet on…3-D TVs. CEO Howard Stringer is using the IFA Technology Show in Berlin to announce that Sony will make 3-D Bravia sets.
And 3-D Vaio laptops. And 3-D PlayStation3s. And 3-D Blu-ray DVD players.
Want to play your favorite Beatles song in a videogame? If you want to do it with the official Fab Four-endorsed version of Rock Band, you’re going to have to wait until Sept. 9 and pay up to $250 for the privilege. Or you can head to JamLegend and play along with any song you like, for free.
Spotify is the best music service you’ve never used. That’s because the much-hyped streaming music company is only available for Europeans and for a select few in the U.S. who have either gotten sneak peeks or hacked their way into it. The service took one step toward wider distribution today when Apple approved its iPhone app. But that won’t help U.S. users until the big music labels agree to American distribution deals.
In order to move from money pit to profit center, YouTube has to spend less, which is hard for the site to talk about. And it needs to sell more ads on more videos–which YouTube is happy to talk about. Hence, yesterday’s news that YouTube would start selling against “viral videos.”
Sony started selling e-book readers long before Amazon, but blew its lead. So how can it catch up with its new device, which looks and works much like the Kindle, but costs $100 more? Maybe Sony can do it with the help of free books from your local library.
After Sony unveiled its new line of readers this morning, I posed that question to Sony executive Steve Haber, who immediately pointed out that his “Daily Edition” machine has a slightly bigger screen than the Kindle 2 and boasts a touchscreen.
Sony did indeed have a bit of news to announce at the New York Public Library: Its most direct challenge to Amazon’s Kindle to date. Like the Kindle, the “Daily” reader will feature a wireless connection–Sony will use AT&T, while Amazon uses Sprint. And unlike current versions of the Kindle, the Sony device will feature a touchscreen.
But it will come at a price: The device will retail in December for $399. That’s $100 more than the current price of Amazon’s Kindle 2. And that price point is almost certain to drop in coming months.
Here’s another company choosing a side in the coming e-book war: Irex Technologies, a Dutch company that plans on selling a Kindle-like reader in the U.S. this fall, has allied itself with Barnes & Noble’s online bookstore. Earlier this summer, would-be Kindle rival Plastic Logic announced a similar pact. And in other “e-book reader made by someone other than Amazon” news, Sony has a press conference scheduled for tomorrow.
Another feather for the “we’ve got real stuff” cap that YouTube is showing off these days: Google’s video site has hammered out a deal with Time Warner to show clips from the media conglomerate’s cable networks, TV shows and movies. But you won’t be seeing full-length shows or movies from Time Warner on the world’s biggest video site–it’s saving those for cable companies that play along with its “TV Everywhere” plan.
Got a couple hours to kill? Want to enjoy a pleasant blast from the past? Head over to YouTube and check out “Ghostbusters,” which is running at its full length on Google’s video site and is prominently displayed on its homepage. YouTube’s not-so-subtle message: We’re more than just skateboarding cat videos!
Have you bought a Kindle? Do you plan on buying a Kindle? If you answered yes to either question, you’re part of a not-that-small group: JP Morgan estimates that some 10 million Americans either own one of Amazon’s e-book readers or plan to get one soon. Meanwhile, whatever happened to Amazon’s plan to bundle newspaper subscriptions with its DX reader?
Yet another sign that revenue-free start-ups can still attract investors, given the right pitch: Boxee, the software company that makes it easy to get Web video onto your TV, has raised a $6 million B round led by General Catalyst. I’m told the new round pegs the company’s value in the $25 million to $30 million range. What’s the appeal? The chance that the company could play a role in the disruption of the $70 billion TV business.
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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