Video games defy economic gloom

December 12, 2008

U.S. shoppers are still spending in a big way — they are just not buying cars, plane tickets, clothing, etc. But they are buying video games.

Yahoo rejected again (and again)

November 6, 2008

Yahoo: Shun me once, shame on you. Shun me three times in one day, shame on… uh, shame on all of you.

Wolff opines on Murdoch… again

October 31, 2008

Can you tell it’s book-flacking time?

Vanity Fair is running the second excerpt from the forthcoming book that Michael Wolff wrote about News Corp chief Rupert Murdoch (this one centers on his family), and Wolff is making the rounds this week to talk about it. He was on CNBC moments ago, engaging in everyone’s favorite media parlor game: Parsing Murdoch’s every move like a multi-clause sentence. Friday’s appearance follows a panel discussion at a PaidContent.org conference earlier this week where he made similar remarks. Here’s what he said on CNBC.

If Wasserstein could turn back Time (Warner)…

October 30, 2008

Bruce Wasserstein, chief executive of private equity firm Lazard, joined Blackstone co-founder Steve Schwarzman at a breakfast sponsored by Fortune magazine this morning to share their collective wisdom regarding the financial crisis. (For more on the breakfast, see our DealZone blog).

So what’s the outlook for media?

September 9, 2008

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For the media business, the next couple of days will likely set the tone for the remainder of the year. Why? Because just about everyone who is anyone will be speaking at a Merrill Lynch conference out in California.

For your video viewing pleasure…

August 27, 2008

buffy.jpgGood news for fans of guilty pleasure shows like “Buffy the Vampire Slayer”, “Felicity” or “Dawson’s Creek” - TheWB.com is about to be up and running. With those shows and others, the website hopes to bring in those 18-34 year-olds so loved by advertisers.

Time to talk Time Warner

August 6, 2008

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Time Warner’s earnings may be better-than-expected, but the most arresting news out of its quarterly report isn’t really about the media company’s profit, revenue or forecasts. It’s about strategy.

AOL trims for sale?

July 25, 2008

randyfalco.jpgTechCrunch‘s report on AOL’s “sunsetting” of Xdrive, AOL Pictures, MyMobile and Bluestring spread like wildfire yesterday, at a time when the future of its ownership hangs in the balance.

Google, Microsoft augur tougher times ahead

July 18, 2008

googlesign.jpgGoogle’s second quarter earnings disappointed Wall Street yesterday and sent its shares tumbling. The search giant blamed lower returns from managing its huge cash piles but analysts are also concerned the market leader in search advertising might augur a wider slowdown in online advertising.