During his bleak forecast of the publishing industry at the Edinburgh International Book Festival, novelist Ewan Morrison suggested the rise of the e-book will mean the end of writers as a profession, as piracy and a demand for steep discounts take over the book industry as it has with music, newspapers, games, porn, photography, telecommunications and home video.
Publishers will no longer be able to provide advances to enable writers to make a decent living and writers will increasingly depend on the “long tail” which cannot support them. Morrison adds that only established writers will prosper.
In 10 to 15 years, he believes the largest “publishers” will be Google, Amazon and Apple.
“The writer will become an entrepreneur with a short shelf life, in a world without publishers or even shelves,” predicts Morrison.
A study of Yahoo’s assets and performance conducted in the past two weeks has led independent directors to conclude a management change was needed. As a result, Carol Bartz, Yahoo’s CEO, was fired and will be replaced on an interim basis by the company’s CFO Tim Morse.
Yahoo’s interest in bidding for Hulu is expected to continue.
The company’s performance has been lackluster and characterized by missteps and high levels of executive turnover under Bartz, resulting in a flat stock price over 2 1/2 years, despite a 60 percent rise in the Nasdaq Composite Index.
“The board hasn’t hired an executive-search firm or financial advisers to help in a strategic review, but is expected to do so soon, said someone familiar with the matter,” reports The Wall Street Journal. “The strategic review isn’t expected to include an evaluation of whether Yahoo should be put up for sale, but will focus on so-called ‘organic’ growth, including the possibility of acquisitions or partnerships, the person added.”
Bartz wrote a memo to her employees Tuesday afternoon: “I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.”
Apple claims there are more than 600 U.S. school districts that have at least one classroom where each student is receiving an iPad to use throughout the school day.
The popular tablets feature interactive programs in math, note-taking apps, videos and tutorials on everything from history to foreign languages.
The tablets are reportedly very popular in special education and for those who learn visually.
Textbook publishers are racing to develop curriculum specifically for iPads. Moreover, digital programs are less costly than textbooks and have interactivity and videos as well.
“I don’t want to generalize because I don’t want to insult people who are working hard to make those resources,” says Burlington High (Massachusetts) principal Patrick Larkin of textbooks, “but they’re pretty much outdated the minute they’re printed and certainly by the time they’re delivered. The bottom line is that the iPads will give our kids a chance to use much more relevant materials.”
Dish is expected to introduce a streaming movie service under its Blockbuster brand next month. The move will introduce a competitor to Netflix and coincide with that company’s recently announced price increase.
When Dish acquired Blockbuster’s assets in April for $320 million, it received content rights that it has sought to beef up through discussions with the studios.
“This ought to begin changing the way investors think about Dish,” said Ryan Vineyard, an analyst at RBC Capital Markets. “It goes from being an old-school pay-TV company to launching what could be a really high-growth business.”
Dish currently ranks as the second largest U.S. satellite-TV provider behind DirecTV.
Joshua Schachter, founder of social bookmarking tool Delicious, recently launched a new social media project. “Jig” is a network that Schachter describes as a hub or marketplace for social transactions.
“He said he feels that other social Web services focus too much attention on popular people and topics — rather than more precise, meaningful and useful connections between people,” reports The Wall Street Journal.
The site puts a practical spin on the social-Q-and-A model, with users posting specific problems and soliciting answers from their targeted social graph.
At Jig.com users simply complete the “I need” query in order to start the process. For example, I need a lawyer, I need to lose weight, I need a car rental in Mexico, etc. Once your query has been entered, you have the option of filling in fields for Location and Details.
Netflix walked away from another deal with Starz after that company insisted on a tiered-pricing model similar to what they would get with a cable channel. Netflix did not want to tamper with the simplicity of its monthly fee model.
Netflix had reportedly offered Starz more than $300 million per year to renew their agreement.
With the demise of the Starz deal, Netflix customers may feel that they are paying more and getting less. Still, Netflix counters that their Starz content accounts for only 5-6 percent of domestic viewing.
Netflix will be challenged by competitors like Hulu, Amazon, Apple and Microsoft XBox Live. Moreover, cable companies are increasingly offering similar access to video through TV Anywhere services.
Starz may either sell its content to a Netflix competitor or try and create its own streaming brand like HBO.
Kinetik has made social discovery easier with its free iPhone app that helps users weed through the massive collection of available apps. It is designed to streamline the search for relevant iPhone apps based on users’ selected apps and other users’ feedback of apps.
“Just load up Kinetik, choose an app that you have downloaded and then you can leave a comment about the app, then share it to Twitter and Facebook,” reports The Next Web. “As you add friends via your social networks and inside of the app itself, you can see recommendations that your friends have made too. There’s even an online profile for each user, where you can see the apps that they’ve shared, commented on and the like. You’ll also see apps that are trending on Kinetik.”
Kinetik will compete with similar offerings such as AppShopper and AppsFire, but TNW likes its chances: “I’ve tried loads of different ways to find new apps. I can tell you that Kinetik is one of the best ways I’ve found yet. I’ve had the chance to play with it for the past couple of weeks while it was in beta and it’s slick, useful and really quite fun.”
As the bidding war for Hulu continues, Financial Times reports that Yahoo, Amazon and Dish Network are all expected to offer near 2 billion dollars for the company, its subscription service and the rights to exclusive content for at least two years.
However, Google is rumored to have proposed a significantly higher bid for an acquisition proposal on a larger scale. Details have not been released, but some speculate that Google may offer a couple billion dollars more in exchange for more content for a longer period of time. It is not clear if the Google proposal includes a longer deal for content or possibly something else — or if Hulu would even be interested in a new plan.
According to The Wall Street Journal: “Since that’s not what Hulu’s owners have put on the table, ‘normally we would have thrown people out if they’d said that,’ says an executive familiar with the sales process. But Google ‘indicated that there’s enough money’ involved so that Hulu’s owners are at least thinking about continuing the discussion.
The video site would fit nicely with Google’s YouTube, which has struggled in landing the type of long-form premium content that Hulu owns. And if rumors are accurate, Google is willing to pay.
But would the content owners agree to terms with Google, which is already the largest video website worldwide, when they were earlier holdouts on Google TV?
Rovi has announced DivX Plus Streaming that allows cloud-based movie services, such as Best Buy’s CinemaNow and other sites integrated with the Rovi Entertainment Store, to stream movies securely to DivX-compatible devices.
New features include being able to pause on one device and seamlessly resume on another, improved video quality, and support for multiple language tracks and subtitles.
“Other content-protection companies, such as Google’s Widevine subsidiary, offer some similar capabilities to service providers, so Rovi is playing catch-up to a degree. And not every Hollywood studio allows its movies to be distributed in the DivX format,” reports the Los Angeles Times. “Rovi executives insist, however, that they’ve leapfrogged the competition with some features, including the near-Blu-ray-quality images and the ability to support multiple alternate-language soundtracks and subtitles in the same stream.”
Although integration into specific products has yet to be announced, Rovi explained the technology will be available to many existing devices through a firmware update.
Yahoo will introduce a new lineup of original programming beginning in early October, reports Variety.
The eight short-form series will feature appearances from actors including Morgan Spurlock, Niecy Nash and Judy Greer.
Erin McPherson, VP and head of video at Yahoo, indicates this is the first phase in a planned increase for 2012 regarding originals hoping to “yield even bigger names, longer programs and maybe even scripted fare.”
“While Yahoo isn’t about to overtake Fox or CBS as those nets launch their fall schedules, the company will mix some traditional TV programming tactics with its own new-media savvy,” suggests the article.
Yahoo reportedly leveraged user metrics to determine what types of shows would sell and has plans to redesign its video platform to be more like Netflix and YouTube.
According to Variety: “Of the 47.3 million video streams Yahoo generated in July, its original series alone garnered 27 million — more than the 24.4 million Hulu scored in its entirety that month.”
It looks like HP’s TouchPad is not the only tablet to face a challenging market.
Best Buy has placed RIM’s PlayBook on sale, discounting the 64GB model by $150, while the 16GB and 32GB versions have been marked down by $50.
“Research In Motion’s PlayBook has had something of a rough ride since its launch in April this year,” reports Digital Trends. “Reviews have been mixed, while just a month after appearing on shelves, almost 1,000 of the tablets had to be recalled due to unspecified faulty hardware issues.”
Additionally, Sprint announced last month that it was dropping its plan to bring the 4G PlayBook to its network, leaving the device without a major U.S. carrier.
Amazon is reportedly close to production on its long-rumored tablet device. TechCrunch provides a fascinating first-person report on the Android-based Kindle (but sorry, no pictures yet).
The device will initially feature a 7-inch color touchscreen with a 10-inch model coming next year. The interface is Amazon’s and the main screen resembles iTunes Cover Flow with a carousel of books, apps, movies. It is built on top of pre 2.2 Android. It will NOT be getting Honeycomb or Ice Cream Sandwich.
It will be integrated with Amazon’s content store, which is one-click away. Apps will be available though Amazon’s Android App Store (and not Google’s Android Market). Additionally, the book reader is the Kindle app, the music player is Amazon’s Cloud Player and the movie player is Amazon’s Instant Video player. There is no camera.
The device is expected to include a free subscription to Amazon Prime, which will provide access to Amazon Instant Video.
TechCrunch anticipates an end of November launch at a cost of $250. There are many more details in the article…
Turkish HDTV manufacturer Vestel has announced it would be the first to integrate BitTorrent software into its televisions, enabling European consumers easier access to expanded content offerings.
BitTorrent emphasized the deal does not allow easier access to pirated content, but enables “consumers to find, play and share all types of personal media, independently produced content and Internet files directly on their TV,” reports Home Media Magazine.
Shahi Ghanem, chief strategist at BitTorrent, said Vestel is a “good and early” example of his company’s push to be included on as many connected devices as possible, and added that by the 2012 Consumer Electronics Show, BitTorrent would be available on more CE devices.
However, there are detractors. “I do not believe this offering will get much attention from CE companies on this side of the ocean,” said an unnamed exec for a major electronics company. “Unlikely a CE company would be indemnified if the software was misused. Reminds me of Napster, [which] at one time facilitated piracy.”
BitTorrent is used by more than 100 million-plus global Internet users.
Consent from the U.S. Department of Justice for the Comcast-NBCUniversal merger has been approved, but with a new condition.
Comcast purchased 51 percent of NBCUniversal from General Electric in January, creating a $30 billion business that includes broadcast, cable networks, movie studios and theme parks.
At that time, the Department of Justice said Comcast could acquire NBCUniversal only if it ceded control of Hulu and made stand-alone broadband service available at $49.95 per month for three years, but the settlement still required final approval.
Last week, Judge Richard Leon delivered final approval, but stipulated that the federal government would monitor whether rival online video services, such as Hulu or Netflix, demand arbitration to license content from Comcast-NBCU for the next two years.
The ability of rivals to obtain programming was one of the key concerns of the DOJ and the FCC during reviews of the merger.
“Since neither the Court nor the parties has a crystal ball to forecast how this Final Judgment, along with its arbitration mechanisms, will actually function … I believe that certain additional steps are necessary,” Leon said in a court order.
Toshiba announced its new flagship 3D TV, the ZL2 series, which offers glasses-free 3D, 4096 x 2160 resolution, upscaling of low-res to high-res 3D, and facial recognition used to customize viewing angles.
The TV uses lenticular “lenslets” that can be modified for up to nine different viewing angles.
Check out the article for the author’s impression after watching 3D on the ZL2. Introduction: “I got a chance to watch the TV’s 3D mode in action, and it’s pretty great. It’s not magical, however. Instead of the typical dimming of shutter-based 3D TVs, it feels like you can see the black lines dividing the pixels. It’s not that the picture is actually low resolution, however, there’s still plenty of detail on screen, it just happens to ‘show the seams’ more than I’d like. It’s very pleasant to watch, and I didn’t get a 3DS headache or any nausea.”
The ZL2 is not for everyone: current pricing of the 55-inch model is equivalent to $11,424 U.S. dollars.
