Friday, December 28, 2007

Wal-Mart cancels movie download service

From The Globe & Mail - Wal-Mart Stores Inc. quietly cancelled its online video download service less than a year after the site went live, a company spokeswoman said on Thursday.

Wal-Mart shut down the download site after Hewlett Packard Co. discontinued the technology that powered it, spokeswoman Amy Colella said in an e-mail. She added that it will not look for another technology partner.

HP spokesman Hector Marinez said the company decided to discontinue its video download-only merchant store services because the market for paid video downloads did not perform “as expected.” He noted that the Internet video business remains uncertain and is changing rapidly. | Read full article

Apple plans on-demand movie service

From The Globe & Mail - Apple Inc. is preparing to announce next month the long-rumoured launch of a movie rental service through its online iTunes Store, as well as a groundbreaking licensing deal of its anti-piracy technology — moves that could dramatically boost the appeal of digital movie distribution.

News Corp.'s Twentieth Century Fox is one of the first studios that has agreed to make its films available for rent digitally through iTunes, according to a Financial Times report Thursday that cited unnamed sources.

Apple also has agreed to license for the first time its copy-protection platform called FairPlay so the technology would be built into Fox DVD releases, allowing users to easily transfer the movies from the disc to a computer or an iPod for playback. | Read full article

Tuesday, December 25, 2007

A Recipe for Newspaper Survival in the Internet Age

From Slashdot - I've spent seven years working as a writer and editor for Slashdot's parent company. During this time I've been to at least a dozen mainstream journalists' and editors' conferences where the most-asked question was, "How do we adapt to the Internet?" You'd think, with all the smart people working for newspapers, that by now most of them would have figured out how to use the Internet effectively enough that it would produce a significant percentage of their profits. But they haven't. In this essay I will tell you why they've failed to adapt, and what they must do if they want to survive in a world where the Internet dominates the news business. | Read full article

ewmark Denies Craigslist Is Killing Newspapers

From Slashdot - Ian Lamont writes "Computerworld has an interview with Craig Newmark about the history of Craigslist and it's growth over the years (it's now expanding into foreign-language markets — it recently created several Spanish sites in Spanish cities). He also disputes the notion that Craigslist is responsible for dismantling newspapers' revenue models. Rather, he blames niche-classified sites like and Monster as well as newspapers' unrealistic profit expectations in the new media world: 'Newspapers are going after 10% to 30% profit margins for their businesses and that hurts them more than anything. A lot of things are happening on the Internet that never happened before because the Internet is a vehicle for everyone. The mass media is no longer only for the powerful, and that's a huge change for the entire newspaper and news industry." | Read full article