ABC Joining NBC, Fox on Hulu

May 1, 2009

The Walt Disney Co. is joining fellow multimedia giants NBC Universal and News Corp. as stakeholders and providers of content to the growing TV Web site. Disney is promising to distribute a host of programming via the service, including such ABC staples as Lost, Desperate Housewives and Ugly Betty.

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The iPhone Gets Its First Virtual World (And It’s Completely 3D)

March 23, 2009

The number of apps for the iPhone/iPod Touch is nearing the 30,000 mark but hardly any application takes advantage of the network effects that lie within the Apple ecosystem. Most developers simply ignore the fact that all iPhones and iPod Touches are interconnected globally and roll out stand-alone applications. This is one of the major reasons why the vast majority of fun apps lack stickiness and are easily forgotten after a few quick bursts.

But a Tokyo-based start-up called Genkii is building a unique app that has the potential to not only let a few iPhone users connect with each other, but thousands of them – at the same time or asynchronously. Sparkle is poised to become the first virtual world for the iPhone. What’s more, it’s being developed completely from scratch, exclusively as an MMO for the iPhone/iPod Touch.

Full story and pictures….


Newspaper companies post major losses; Warner posts profit

February 8, 2009

The Wall Street Journal reports that News Corp. posted a $6.4 Billion loss after the quarter. Rupert Murdoch, owner of News Corp. (which owns the Wall Street Journal), says he thinks that advertising sales will bounce back with the economy.

“I recognize that we may never return to record levels, but we think we can recapture a large percentage of the advertising that does return,” Mr. Murdoch said Thursday on a conference call.

Mr. Murdoch said the company was working to pare jobs and control costs to withstand the tough climate. As part of that effort, The Wall Street Journal said Thursday it cut 25 newsroom jobs through layoffs, buyouts and elimination of open positions. In addition, the film-and-TV division has cut $400 million in expenses, in part by shedding 800 positions.

At the same time, WSJ reported that McClatchy Co. also posted large losses from the quarter.

However, good news on the media front came from Warner Music, which posted a profit this quarter.

Overall U.S. music sales fell for the seventh time in eight years in 2008 as increases in digitally downloaded albums and songs weren’t enough to offset a nearly 20% plunge in compact-disc sales. But SoundScan reported Warner gained more than one percentage point in market share to reach 21.4%.


A different type of Mobile advertising

January 29, 2009

Advertising rising and declining all at the same time…