Tuesday, June 17, 2008

Quote of the Day

“It should not be against the law to make a program that interacts with third-party web sites in a way that they haven't given permission for.”

            - Bennett Haselton

Monday, June 16, 2008

U.S. Internet Advertising 2008-2012 Forecast and Analysis

IDC Finds Internet Advertising Keeps Growing Fast Despite Economic Difficulties

According to IDC's recently released study, U.S. Internet Advertising 2008-2012 Forecast and Analysis: Defying Economic Crisis  - “Internet advertising in the United States will continue to grow fast even as the current economic woes will lead to a contraction in ad spending overall, essentially accelerating the transfer of marketing budgets from the traditional media into the new. During the forecast period, Internet advertising will grow about eight times as fast as advertising at large. IDC finds overall Internet advertising revenue will double from $25.5 billion in 2007 to $51.1 billion in 2012.

The Internet will go from the number 5 medium all the way to the number 2 medium in just 5 years, making it bigger than newspapers, bigger than cable TV, bigger even than broadcast TV, and second only to direct marketing. Video advertising will be the principal disruptor of Internet advertising over the next five years by attracting the most new marketing dollars. Its revenue will grow sevenfold from $0.5 billion in 2007 to $3.8 billion in 2012 at a compound annual growth rate (CAGR) of 49.4%. This growth will take place because brand advertisers will shift significant amounts of money into these video commercials, primarily from broadcast television and to a lesser extent from cable television.

Search advertising will remain the one advertising format that will garner the most revenue over the forecast period in the United States. This means that for any media company, search must be a key part of its strategy. Any media company that is not Google cannot ignore this segment even if Google is towering above all others as segment leader with about 70% share of the segment's revenue.”


Tuesday, June 10, 2008

A Sad State of Affairs....

With respect to longtime Walmart rackjobber Handelman’s recent decision to exit the music business,  Chief Executive Al Koch says that even after aggressive cost cutting, his company couldn't continue selling music profitably. "In the short term, it's not possible to downsize as fast as revenue is declining," says Mr. Koch.

Friday, June 06, 2008

Music Licensing & Royalty Basics 101

David Oxenford, a partner in Davis Wright Tremaine's Washington, DC office, summed up the basic royalty regulations for streaming music on the internet at this year’s Annual Broadcast Cable Financial Management Conference (BCFM). Anyone looking to brush up on their royalty basics can see his PowerPoint presentation HERE.  Definitely worth downloading, reading and storing for a later date.  Also, he’s got a great blog HERE too (Thanks Kurt!)

Monday, June 02, 2008

Quote of the Day!

“Music is the space between the notes…”

            - Claude Debussy