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The movie theater industry is facing a big challenge from big-screen in-home TVs, DVDs, IPTV and social trends. It was explored previously here and here. A CNET story yesterday shed more light on the obstacles facing theaters. The CNET article draws a parallel between the movie industry and those issues that have fundamentally changed the music industry.
In a move one analyst compared to a “dolphin swallowing a small whale,” McClatchy Co. has agreed to purchase Knight-Ridder, publisher of 32 newspapers across the country. The acquisition creates the nation’s second-largest newspaper chain.
The analyst comment references the size of the two companies: In 2005, McClatchy had less than half the revenue of Knight-Ridder – and Knight-Ridder owns almost three times as many dailies. It’s a bold, gutsy move by McClatchy.
The red planet is slowly revealing its secrets, and thanks to the Internet, you can get a daily front row seat to what is discovered. The latest wonderment comes from Google and NASA. Working together, they have developed some amazingly detailed maps of Mars that work just like Google maps here on earth.
A couple of recent reports raise the ante on the importance of podcasts. A BIGreseach report (story here) shows some surprising demographic information. Many media pundits have minimized the importance of podcasts asserting the people subscribing to them were either first adopters or young geeks. However, according to the research, the core podcast market is already far more mainstream:
- Average income of $67,854
- Married
- Predominantly 18-44 age group
- Male (64%)
- Occupation is professional/managerial
The size of the market is also accelerating fast. A new eMarketer report highlighted here, shows podcasts will reach 50 million people by 2010. Podcast advertising will also rise from $80 million in 2006 to $300 million by 2010.
Google buys Writely and it should fit right in with the other Google apps since Writely is still in beta. Writely is an online collaborative word processor that allows multiple people to work together on a document in the comfort of a browser window. With Google calendar expected out anytime soon and Google Drive sometime in the near future (?) Microsoft could be in for more of a fight than they bargained for. I know that I wouldn’t hesitate for a moment to ditch MS Office entirely and use the first good online suite available. Seeing that I already use gMail, Google and Google Analytics quite a bit it would be an easy jump for me to become a part of Google’s world domination plans.
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