Nearly six months after Sprint preannounced its fourth quarter results and announced a $1 billion investment to improve its execution it has made another significant management move perhaps reflecting its lack of progress over that time. Sprint is bringing in Keith Cowan, a former Bell South executive, into a role that is varied but appears…
Given our increasingly pessimistic view of music industry fundamentals, it is probably not surprising to see WMG launching a comedy website, called Comedy Box (site launching shortly, but teaser page is up). Click here to read the WMG press release We are curious to understand how much WMG is going to spend on ComedyBox and…
Cable operators continue to talk down the importance of the quad play, telling investors that wireless service may help bundling, but it is not critical to the long-term prospects of the their business. Brian Roberts at Comcast’s May 1, 2007 analyst meeting: “Do we need quadruple play? Well today we can’t imagine anything more successful…
On Friday AT&T and Apple will launch the long anticipated iPhone. As the attached table shows, the pricing on the iPhone cuts $20 off AT&T’s traditional data pricing for PDA’s and is in line with its pricing for smart phones. This will price the iPhone squarely against the PDA rate plans offered on Sprint’s network…
Yesterday, we attended the BEST conference in New York to hear the presentation of Maria Helena Santana a commissioner of the Brazilian Securities and Exchange Commission (CVM). Her responses to our questions about the rights of Preferred Shareholders were discouraging compared to the comments by her peers at this conference last year. Her position appeared…
Clock Restarts: The EC anti-trust re-review of the Sony/BMG merger has finally restarted, clock had been stopped for a few months (due to document requests), with a decision now expected on October 10, 2007 (was originally suppose to be on July 1, 2007). Updated Timing shown on EC Website: click here Why does this matter…
While CD purchasing has been in decline for several years, 2007 is the first year where declines have been down sharply (US CD Sales down 20% ytd). As digital music continues to grow, CDs continue to become a medium of the past (albeit they still represent more than 3/4 of music industry revenues). Consumers no…
Viacom acquired Atom Entertainment in August 2006, an Internet company with a collection of websites including the site Addictinggames.com. While AddictingGames has seen substantial growth on its own over the past year as it has utilized a viral model to spread its games (games can be embedded onto anyones’ profile in services such as Myspace),…
First off, Facebook is not just for college students – if you have not signed up or have not used it lately, you should. Facebook now has over 24 million users globally and is adding 100,000 users a day (company expects to reach 50 mm users by year-end 2007) and consider the following stats (from…
The WSJ/AllthingsD’s Kara Swisher interviewed Facebook founder/CEO Mark Zuckerberg yesterday (see the video below). We believe Facebook is a must-own asset for media companies, regardless of what Facebook is saying about being for sale, as it is fundamentally altering the media landscape – determining what becomes popular, successful, and profitable; read our separately issued Facebook…
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