I’m still not convinced that NBC can or should be blamed for not maximizing the Web opportunity with its Olympics coverage. The simple fact is TV loses when Web grows, I’m not saying Web viewership cannibalizes TV audiences, I’m just saying the sooner the Web becomes less of a clown industry, the worst that is for TV. Don’t be a buffoon in denying that; once readers and marketers realized audiences get their news online, print only died faster.
Anyway, where I do fault NBC is not using the Olympics to get any momentum. During the closing ceremonies, NBC began to heavily promote the political conventions… here’s what I did not understand: continue reading...
Editor’s note: I knew we were speaking too soon. One more deal to add to the list: Time Warner to buy Quigo. Added to the bottom of the list, under ad networks.
According to The Jordan Edmiston Group Inc.’s October 2007 Client Briefing report, the number of deals through the first three quarters of 2007 exceeded full year 2006 figures: 637 transactions with $95B in value thus far. Do the math and that is $150M per deal, quite rich. continue reading...
Last week venture capitalist Paul Kedrosky mentioned that he wasn’t too psyched about most of the Web 2.0 outfits because they required little capital and did not present massive paydays for investors.
He must have been thinking of Seattle-based Newsvine, who after raising less than $2M in funding today announced it was selling to GE/MSFT offspring MSNBC.com, marking the online news site’s first acquisition in 11 years. continue reading...
