Archive for the ‘Digital Media’ Category

Hulu Still Yet To Take It All The Way…

VenureBeat has an interesting post about premium video site Hulu. While the post raises some important questions about the site’s future, it is most definitely one company to watch. Let’s see if Hulu can “take it all the way.”

It’s even hard not to be impressed with the 19.7 percent increase in unique visitors the site [...]

Carl Icahn Goes Long On Yahoo Stock

According to both All Things Digital and Tech Crunch, billionaire financier Carl Icahn bought up another 6.7 million shares of Yahoo earlier this week. Icahn owns Yahoo stock that has lost about $900 million in value since he bought about five percent of Yahoo earlier in the year.

Whether Yahoo is close to announcing a new [...]

Twitter tweets “no deal” to Facebook

Kara Swisher broke news that Facebook and Twitter have ended several weeks of “serious talks,” in which Facebook was offering to acquire Twitter for $500 million of its stock. It appears the talks broke down because Twitter executives and Facebook couldn’t agree about actual worth of Facebook stock.

TechCrunch also reported that at the recent Web [...]

PC Magazine Ends Print Edition

Starting in February 2009, PC Magazine will become a 100-percent digital publication. PC Magazine which was started in 1982 and introduced software and hardware reviews, will claim the jobs of about seven employees with the closure of the print edition.

ReadWriteWeb reports that “A number of publishers have been experimenting with digital editions similar to PC [...]

Jerry Yang Call It Quits as CEO of Yahoo!

Jerry Yang has decided to step down as CEO of Yahoo! While Jerry has received a bashing this last year over his decision to pass on the Microsoft deal, Yahoo is still one of the most trafficked sites on the Web -“and still makes more profits than most companies in the sector.”

Yang announced that “I’ll [...]

Hulu Profit Growth Trumps YouTube

There’s a lot of buzz over the Financial Times article on how News Corp backed video site Hulu is showing greater profit growth than competitor YouTube. MediaMemo and PaidContent both dig a bit deeper into the analysis behind the claims.

While Scott Karp over at Publishing 2.0 gives his ten “observations” about what this means for [...]

YouTube Meets President-Elect Barack Obama

President-elect Barack Obama made his first official video address today on YouTube. Obama will continue to record these videos and post them weekly, with the goal of making the White House and the political process more transparent.

While it has been reported that a “White House” YouTube channel will be launched soon after taking office, these [...]

Online Video Yet To Prove Profitable…

Erick Schonfeld over at TechCrunch wrote an excellent post on YouTube and online video today. He points out that many of the current video start-ups are struggling to find a viable business model.

Considering the current financial climate, future aquistions look bleak: “The only startups that will be bought are those with “demonstrable” revenues or those [...]

New York Times $400 Million Credit Due In May…

PaidContent.org and the Silicon Alley Insider both commented today on the New York Times revolving credit agreements due in May 2009. The company has only $46 million of cash on hand while advertising revenues are contracting.

Inside it’s 10-Q: “Based on these discussions, we expect that we will be able to manage our debt and credit [...]

Firefox Finally Hits 20 Percent Market Share…

ReadWriteWeb reports that the Mozilla’s Firefox web-brower has finally reached a twenty percent share of the browser market. Firefox has continued to prove itself as both standards compliant and safe.

Mozilla also released news of their new “private browsing” features. Firefox’s new feature attempts to make sure that your web browsing activities don’t leave any trace [...]