MediaFile

MySpace Music seeking CEO and funding?

chrisdewolfe1.jpgThe long-expected launch of MySpace Music is happening in drips and drabs. On Sunday MySpace and major music label partners in the joint venture said MySpace Music will launch with four big name advertisers: McDonald’s, State Farm, Toyota and Sony Pictures.

But MySpace still did not confirm when it would launch — though that’s widely expected this week.

In the meantime, several blogs, led by TechCrunch, report that the partners are seeking third party funding of up to $100 million for MySpace Music, valuing the company at around $2 billion. Reuters has not been able to confirm this through our sources yet.

Also, LA Times reports that Facebook’s former chief operating officer Owen Van Natta and ex-Universal Music exec Andy Schuon are said to be in the running to be chief executive of MySpace Music, an appointment that MySpace CEO Chris DeWolfe had hoped would be confirmed by now.

 Keep an eye on:

    Best Buy agrees to buy Napster for $121 million (Reuters) Electronic Arts ends merger talks with Take Two (Reuters) AT&T will ‘temporarily reduce’ broadband speeds (Ars Technica)

(Reuters photo of Chris DeWolfe)

DISH’s Ergen won’t give in to TiVo: ‘I’m just stubborn’

charlieergen1999-2.jpgYou can think what you like about the management of DISH Network Corp, the second largest U.S. satellite TV operator, but they’re nothing if not refreshingly frank about the economy, the state of the market and their competitors’ tactics.

Of course, a lot of that has to do with the disarming candor of founder and Chief Executive Charlie Ergen, whose conference calls tend to avoid the sort of obfuscation and Orwellian double-speak the media and investors have to come expect from C-level executives in corporate America.

Ergen had to be especially blunt today on a day his company announced a loss 0f 25,000 subscribers, which according to Bernstein Research’s Craig Moffett, was its first ever loss of subscribers.

iPhone’s first chapter – a timely update

(Here’s an updated chronology. This first posted June 9)  

 

iPhones

2007

Jobs_iPhoneJanuary 9Apple Inc CEO Steve Jobs unveils iPhone in the tech industry’s most anticipated new product introduction of the decade.

June 29 – Apple and U.S. carrier partner AT&T Inc start selling iPhone as technology enthusiasts form long lines outside Apple stores.Scoble

July 25 - After big build-up, first weekend sales figures reports disappoint investors. Apple and AT&T sold 270,000 iPhones in first 30 hours; but customers only activate 146,000 of the devices due to initial AT&T service problems.

Who’s winning pay-TV war this quarter?

brianrobertsandglennbritt.jpgSo who’s winning the pay-TV so far this year? With days to go until two of the biggest cable operators (Time Warner Cable on Wednesday and Comcast on Thursday)  report first quarter financial results, Reuters canvassed eight Wall Street analysts for their estimates of subscriber net additions during the period.

At first glance it doesn’t look like it will be a good quarter with these analysts forecasting Comcast, Time Warner Cable and Cablevision to lose around 100,000 basic TV subscribers collectively, while satellite TV plays DIRECTV Group and DISH Network will add around 320,000.

Even more worrisome for cable companies?  AT&T and Verizon added around 410,000 new TV subscribers between them during the quarter.