Here’s another quick glimpse of the advertising market, courtesy of Viacom. The cable giant says ad sales are still down, but that the rate of decline is slowing. And in the fall of 2009, that constitutes pretty good news.
News Corp. is reportedly interested in purchasing the Travel Channel from Cox for something like $800 million. Here’s one way to help pay for a small piece of that deal: Sell off Fuel TV, its modest surf, skate and snowboard-themed cable channel.
Spotify, the streaming music service Americans love talking about but can’t actually use, has given us even more to chat about: The company now promises to roll out some sort of TV service…some day.
Where? In Sweden, of course, which is where Spotify started, and which acts as a sort of test lab/best-case-scenario provider for the service.
Rupert Murdoch has been pushing The Wall Street Journal to raise its prices. Here’s one way to try it: Levy an additional fee for subscribers who want to use the paper’s iPhone or BlackBerry apps.
The announcement from RealNetworks that Apple had approved its iPhone app–all you can eat music, to go, for $15 a month–gave the company’s stock a brief jolt yesterday. That’s over now: Wall Street seems to have thought about it and concluded that people won’t pay a monthly fee for music, even on an iPhone.
There is no shortage of places to watch TV shows free on the Web. There’s a glut of them, really. But here comes another: AT&T Entertainment. How is it different than Hulu, TV.com, Sling.com, Fancast, etc.? It’s not.
Napster says it has an awesome new iPhone app that will let you stream music directly to your phone–just like the one Apple approved for Spotify, the superhyped service you can’t even get in the U.S. yet. But Napster says you won’t be able to use its app anytime soon, and it blames the big bad music labels.
Does the economic turmoil have you pinching pennies and clipping coupons? Then the newest product from the Financial Times isn’t for you: The daily’s new quarterly magazine is aimed at people worth more than $1.6 million.
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.
Yet another addition to the growing list of programmers signing on to Comcast’s “On Demand Online”: CBS will join the cable provider’s trial program, which will allow subscribers to get Web access to shows they get on TV.
CBS will join previously announced partners Time Warner, which is offering up programming from its Turner channels and HBO; Liberty Media’s Starz, and smaller players like Scripps, Rainbow and A&E. The twist is that CBS is the only broadcaster to sign up for the trial.
At some point, this will no longer be a coincidence: Once again, Amazon’s newest e-book reader has sold out shortly after launch. This time, it’s the Kindle DX, the super-sized reader with the super-sized price tag. Amazon started selling the DX three days ago, and by yesterday afternoon the e-commerce giant said it was cleaned out. The next batch won’t arrive until next week.
Even under the best of circumstances, Amazon’s new Kindle DX wouldn’t “save the newspaper business.” But since the newspapers are desperate to protect their dying print business, this thing may never get off the ground at all.
What does it take to add a third player to a joint venture between two media conglomerates? More than four months of negotiations. Tens of millions of dollars help, too. That’s what finally got Disney to join up with GE’s NBC and News Corp.’s Fox in Hulu, the fast-growing Web video site. Here’s what that means for the three networks and the rest of the Web video business.
Things looked a little rough for cable giant Comcast at the end of 2008, but they seemed to have righted themselves again during the first three months of this year: The company outperformed Wall Street’s revenue and earnings expectations and signed up more subscribers than analysts had expected in at least some of its offerings.
Netflix has been one of the rare winners during the recession/depression: Customers are flocking to the movie rental service and investors love the stock. This meant that expectations were very high for the company’s first quarter, and it appears to have met them.
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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