The end of the story…

October 16, 2009

……is the cash cow for Chinese company Shanda Literature Ltd, a
subsidiary of Shanda Interactive Entertainment.

Gamescom lands on gamers’ map

August 20, 2009

Two days ago, Sony finally announced it would cut the price for its flagship
PlayStation 3, reacting to slumping sales which have lagged
behind those of Nintendo’s Wii and Microsoft’s Xbox 360.

Wednesday media highlights

July 1, 2009

News about the media industry:

Netflix looks to future but still going strong with DVD rentals (USA Today)
“Netflix CEO and co-founder Reed Hastings doesn’t think his 58 distribution centers are in immediate danger of becoming obsolete, but he knows that day will come. He believes DVD rentals have four to nine years to keep growing, despite inroads in Internet delivery of movies to set-top TV boxes and other video-on-demand options,” writes Jefferson Graham.

Outlook grim for media and entertainment deals

February 27, 2009

Deal-making in the U.S. media and entertainment sectors is going to be down this year, says a new PricewaterhouseCoopers survey (request a copy here). Now, that’s not a new or startling conclusion given the state of the economy, but it’s just another piece of evidence that when consumers and advertisers get thrifty, deal makers can end up become benchwarmers as companies struggle with cost cuts and other exigencies.