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Traditional media companies, like movie studios, are often criticized for their lack of innovation. But an experiment planned by Universal highlights just how tough progress can be.
Last week, it was revealed that the company planned a limited experiment in two mid-size cities in the United States. The experiment: for $59.99, consumers would be able to rent the movie Tower Heist while it was still in theatres and well before it became available as a traditional VOD rental.
The blogosphere has been abuzz with the news that an individual renting her apartment through AirBnB was the victim of a heinous property crime.
The strong reaction to the incident isn't just a result of the nature of the damage that was done to someone's apartment, it was a result of the fact that AirBnB is one of the hottest internet startups at the moment. In fact, it's so popular that some startups have opted to describe themselves as "the AirBnB of x."
Magazines may not have the best track record when it comes to adopting the newest technologies, but when the iPad launched, it was hard to find a magazine chief who wasn't excited.
Print publishing is particularly tough these days, and the iPad represented hope. As a result, many magazine executives were eager to give the iPad a try. That was a good thing.
Unfortunately, businesses don't run on hope, and despite the fact that the iPad and tablet devices are still very nascent, magazines have thus far found that tablets aren't a panacea for their industry's ailments. Some are even cutting back on their iPad plans.
Typography is a huge but often overlooked and underestimated component of effective design, particularly on the web.
Fonts are often sold through foundries, which are sort of like the record labels of the typography world. While many produce their own fonts for sale, they also serve as distributors for independent designers and studios, earning a royalty each time they sell a font.
What's a company's worst nightmare? There are probably a few of them, but one of the worst is commoditization.
Finding your market filled with competition that looks almost identical to your business is a frustrating, disheartening experience, but it's a common one.
Thanks to the ease with which web-based applications and business models can be 'duplicated', most new internet companies will find themselves protected by narrow moats at best.
Content may be king. At least that's what many companies in the business of producing content think for obvious reasons.
Take Demand Media, for instance. It's so confident that its content is an appreciating asset that will produce value over a long period of time that it amortizes the costs of producing content over five years.
The internet has popularized the freemium model like no other channel, but building a successful business on this model can be quite a challenge.
One company that has succeeded: Spotify, the Swedish company that has become Europe's most popular music streaming service.
Traditional publishers have known better days. The business models of the past are failing, and new ones that can take their place are, for many publishers, elusive.
But a few, like The Financial Times, are not just surviving, they're thriving. And increasingly, they're extending their success into new channels and onto new platforms.
One of the most storied news dailies, The New York Times, has been talking about a pay wall for well over a year. Like most newspapers, times are tough, and to survive and thrive, new sources of revenue must be found. For obvious reasons, subscriptions are one of the most appealing potential revenue sources.
Yesterday, The New York Times finally pulled the trigger and announced that it will be launching a paid subscription model later this month.
In the physical world, practically nothing is unlimited. From food to energy to freshwater, there's a limit to just about everything.
But in the world of technology, where the cost of a megabyte of storage or a minute of computer processing has effectively dropped off a cliff, things are different.
Mobile applications have taken off in the past several years. Thanks in large part to the rise of the iPhone, millions upon millions of consumers treat their mobiles like computing devices. It's a trend that nobody expects to slow anytime soon.
But despite the rapid growth of mobile apps, when it comes to app sales, there's good news for everyone in the mobile ecosystem: the best is yet to come.
Most traditional publishing executives have bought into the idea that digital is crucial to the success of their publications in the 21st century. But despite the fact that most of them are increasingly embracing and investing in digital, few are seeing the kind of results that would indicate good times are back again.
A new survey of 476 publishing industry professionals and 1,800 consumers conducted by Harrison Group sponsored by Zinio might just hint at why: publishers are simply blind to what consumers really want.