For anyone following the attempts by European music service Spotify to launch in the United States, it should be plain that the company and supporters are trying hard to rally support among music aficionados.
All the headlines about Spotify have teased a potential American audience for months. The latest example came yesterday when the blog Music Ally reported that Spotify, which is attempting to obtain the music licenses and launch a U.S. service, has paid about 40 million euros, or the equivalent of $55 million, to music rights holders since launching there two years ago. The blog also wrote … Read more
Americans, little by little, are cutting the proverbial cord on cable television. But that doesn't mean they're breaking up with their cable companies.
In addition to controlling most of the paid TV market in the U.S., cable companies are also poised to dominate the broadband market. This means that even when people drop their pricey cable TV packages, they're still likely to pay the cable company for access to the Internet, which is used to deliver the video streams to their TVs. For cable operators, it's a "heads we win; tails we win" … Read more
Out of all of Google's acquisitions, the company's acquisition of the maker of the Android mobile operating system was its "best deal ever," a company executive said at an industry conference yesterday.
It's hard to argue with Lawee's contention. Five years after the acquisition, Android is appealing to customers around the world. During the second quarter alone, the mobile operating system … Read more
Facebook today launched a feature called "Friendship Pages," which lets users load up the interactions between themselves and individual friends, or between any two friends, on the social network. You'll see their posts on one another's walls, events to which both RSVP'd, photos in which both are tagged, and other interactions that you would otherwise be able to access on either friend's profile (i.e. nothing that wouldn't otherwise be public).
Friendship Pages are live as of Thursday but are not yet accessible to all members.
Add Vudu to Boxee's list of streaming video tricks.
The Wal-Mart-owned Web video service will be offered as a native app on Boxee's hardware and software platforms starting in November. On the D-Link Boxee Box (due November 10), the full library of Vudu movies--including titles in 1080p HDX video and 5.1 Dolby Digital Plus surround sound--will be available. On the Mac and Windows software version of Boxee, the same content will be available, but video output will be limited to standard-definition playback.
The $200 Boxee Box is the fourth and final major Internet TV device to hit … Read more
BROOKLYN, N.Y.--It's a languid, late-summer Wednesday afternoon at the offices of online handmade-goods marketplace Etsy, and Chief Technology Officer Chad Dickerson is sitting at a table in a conference room decorated to look like a cartoonish version of the interior of a Mercury-era space capsule.
Surrounded by fake panic-button consoles, plush jet packs, and quilts depicting outer-space views of moons and planets, Dickerson is peering at his laptop screen to report a particularly important number that he's just been asked to look up: "We've got 263 search results for 'Justin Bieber.'"
That's 263 listings at this precise moment in time by Etsy sellers hawking homemade shoelaces, tapestries, pendants, and pillows (to name a few) featuring the visage of the sugary pop singer. Bieber is hardly alone on Etsy; poke through its listings, and you'll find necklaces in the shape of the "Golden Snitch" winged orb from the "Harry Potter" series, cuff links painted to look like the head of "Star Wars" robot R2-D2, and bottle cap pendants featuring the bronzed face of "Jersey Shore" star "DJ Pauly D."
Fan creations are a funny thing. For well more than a decade, the Web has provided an unprecedented gathering space for loyal and zealous followers of literary, cinematic, and televised franchises who might not otherwise ever interact, allowing many phenomena that were once cult hits to achieve mainstream, mass-market success and often phenomenal profitability. Sometimes, as with the sale of unofficial DJ Pauly D pendants and Star Wars cuff links, the fans stand a chance of profiting, too. And the trademark and copyright holders aren't always happy about it.… Read more
The four major record labels are warming up to Spotify, the popular European streaming music service trying to launch in the United States.
Spotify is still without signed contracts to license music from any top label and there are still numerous points to be negotiated, but the company has never been closer to finalizing deals than now, said multiple sources with knowledge of the talks.
One of the ways that Spotify has stirred the labels is by offering big money advances, the sources said. The amount could not be verified. Spokespeople for Spotify and the labels either were not immediately … Read more
Investors are cheering on Netflix as it moves from DVDs to streaming video, and keeps adding customers along the way. But "digital" doesn't equal "cheap" for Reed Hastings' company. In fact, the online move has cost Netflix at least $1.2 billion.
That's the amount Netflix has committed to paying Hollywood studios for the rights to stream their movies and TV shows. And it's up from $229 million three months ago, the company disclosed in an SEC filing yesterday.
Most of that leap comes from a five-year deal that Netflix previously announced with … Read more
Adobe might be feeling pressure from Apple, but the company is still performing relatively well financially.
Adobe announced today that it expects its fourth quarter revenue to be in line with its targets. With five weeks left to go in the quarter, which ends on December 3, the company expects to generate $950 million to $1 billion in revenue. It also plans to have earnings per share of $0.35 to $0.41 when it officially releases its fourth quarter earnings on December 20.
And it expects next year to be a good one, too. The company believes its 2011 … Read more