Word: media
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...majority stake in a fast-growing website - Myspace.com - which had attracted an impressive 17.7 million visitors the prior month. A consummate salesman, [Intermix CEO Richard] Rosenblatt focused his comments on the potential of adding MySpace's broad audience to complement Rupert Murdoch's already enviable empire of top-flight media companies...
Angwin, a technology writer at the Wall Street Journal, is equally adept at breaking down both the technological and the business sides of MySpace's development. It's a richly detailed portrait of the growth of a modern media company, complete with all the growing pains, feuds and business machinations that accompany it. Like a MySpace user, though, sometimes Angwin has a tendency to overshare - at one point, the pornography habits of MySpace co-founder Tom Anderson are discussed...
...lost $31 billion last year and it withdrew its advertising from the Super Bowl and the Masters Golf Tournament next month, but it is spending an estimated $64 million on the NCAA Tournament, where a 30-second spot runs $1 million, according to Nielsen Media. The spots will promote many GM brands, including Pontiac, a nameplate that is slated to be downsized to just one model over the next few years...
...Actually no, as the Australian Communications and Media Authority (ACMA) is finding out the hard way. The ACMA, Canberra's equivalent of the U.S. Federal Communications Commission, put together such a list and sent it to more than a dozen companies. It was part of a trial program to develop software that would allow Australian ISPs to block the sites. But to ACMA's evident surprise, at least one person who received the list handed it over to Wikileaks, an online clearinghouse for anonymous submissions of sensitive material. The ACMA "blacklist," as it became known, was promptly posted online, becoming...
...seems obvious to most average people now that the control, and to some extent the creation of content, began moving rapidly to the Internet as long as eleven or twelve years ago. Not a single large print media company chief saw that at the time. The role of the content CEO as visionary did not work. Looking ahead in 1998, he saw the U.S. Postal System and his unionized workers as his greatest enemies. Now newspaper unions have almost no bargaining power to save their member's jobs because the entire industry is going under...