Last weekend Tech Crunch published Marc Andreessen’s crazy manifesto, something about torching ships. It sounds really great, but it’s simply not possible:
Marc Andreessen had a really good idea when he invented the first popular browser for the web, but his latest notion – that newspapers should walk away from a business grossing more than $30 billion a year – is just plain nutty. continue reading...
This year in the US, web advertising finally surpassed print advertising:
U.S. advertisers will spend more on digital marketing than on print this year for the first time, boosting overall ad sales, according to research company Outsell Inc. continue reading...
You gotta respect candor and honesty: continue reading...
I actually like the ongoing “crazy-like-a-fox” trajectory Rupert Murdoch has taken over his career. But if does go ahead and agree to some kind of exclusive deal with Microsoft’s search engine Bing, it better not be for a puny $15M but something in the scope of $50-100M.
Remember, he paid $5.7 billion for the Dow Jones company, parent of WSJ, partly due to the promise of what that asset would be worth by untapping digital opportunities. Yes, the market has changes, advertising has lost favor to subscriptions and what not, but still… just because WSJ.com might get a guaranteed revenue to de-list from Google is half the battle, it’s the price of that exclusivity that matters. continue reading...
Crazy that a few years ago, Rupert Murdoch was toying with the idea of setting the WSJ.com website totally free… and now with ad revenues plummeting, it’s all about subscription sales.
Advertising? WTF is that? Read more. I wrote about how this sudden aversion to positioning their companies for ad revenues will come back to haunt them by the time they implement these subscription initiatives. continue reading...
Financial writer Felix Salmon doesn’t think it’s fair or right for Henry Blodget to be writing about finance and investments. Read Blodget’s reply here.
I don’t know about this one, Henry actually seems to go all out to disclose everything, in a humorous manner to boot. continue reading...
Video via PaidContent of Arianna Huffington and Mathias Dopfner, CEO of German media giant Axel Springer, moderated by Christine Ockrent, CEO of the government-funded France 24 TV channel, was pitching it to be. continue reading...
From NY Post via Business Insider:
Ny Times CEO Arthur Sulzberger thinks that physical newspapers will stick around as well. “The best analogy I can think of is — have you ever heard of the Titanic Fallacy?” he asked. We hadn’t. “What was the critical flaw to the Titanic?” We tried to answer: Poor construction? Not enough life boats? Crashing into stuff? “A captain trying to set a world speed record through an iceberg field?” he said, shaking his head. “Even if the Titanic came in safely to New York Harbor, it was still doomed,” he said. “Twelve years earlier, two brothers invented the airplane.” continue reading...
I am hoping President Obama was just being diplomatic and polite… a newspaper bill? Let’s first save typewriters. continue reading...
“The social networks have really never made us money,” said Wells, the paper’s ad, marketing, circ and operations VP. He added that, at times, Bakotopia appears close to profitability, “but never quite makes it.”
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