The BBC is developing an app that will allow its reporters in the field to file video, stills and audio directly into the BBC system from an iPhone or iPad. The software is due to be in use within around a month.
Read more here
Wednesday, June 15
Tuesday, June 14
Media Industry Revenue Up in 2010
The U.S. entertainment and media industry last year grew 3.1%, its first gain since 2007, as marketers returned to advertising online and on television, according to the accounting firm PricewaterhouseCoopers LLP. The U.S. media sector, which includes movie studios, TV networks, radio stations, newspapers and the Internet, will grow 3.5 percent this year, New York-based PWC forecast today in its annual industry overview.
Online advertising and Web access, pay-TV subscriptions, billboards and movies will lead the industry to mid-single-digit percentage gains between 2012 to 2015. Spending on recorded music and newspapers will be lower in 2015 than in 2010. Digital products will account for 59 percent of worldwide growth in the media industry during the next five years, while they contribute about 25 percent now, PWC said. U.S. advertising spending climbed 5.4 percent in 2010 after declining 14 percent in 2009, PWC said. Online advertising will average 12 percent growth compounded annually.
Read more from Bloomberg
Online advertising and Web access, pay-TV subscriptions, billboards and movies will lead the industry to mid-single-digit percentage gains between 2012 to 2015. Spending on recorded music and newspapers will be lower in 2015 than in 2010. Digital products will account for 59 percent of worldwide growth in the media industry during the next five years, while they contribute about 25 percent now, PWC said. U.S. advertising spending climbed 5.4 percent in 2010 after declining 14 percent in 2009, PWC said. Online advertising will average 12 percent growth compounded annually.
Read more from Bloomberg
Sunday, June 12
The recorded-music business learns to love its enemy
Theirs is still a deeply troubled business. Since 2000, when online file-sharing took off, global recorded-music sales have fallen from $26.9 billion a year to $15.9 billion, according to the IFPI, a trade group. Apple has helped to smash profitable albums into less profitable singles.
Digital outlets such as iTunes are not growing nearly fast enough to offset the decline in CD sales. Indeed, in many countries they are stuck in a niche. In Japan, 73% of spending on recorded music in 2010 was on CDs, DVDs and vinyl. Fewer than one-fifth of Britons bought digital music last year.
Apple’s iCloud is not just a storage locker for music. It will search devices for tracks purchased from the iTunes store, and automatically give customers the rights to download the music to any Apple device. Yet music companies do not expect Apple or any other technological behemoth to save them. Few believe recorded music is about to rebound.
Read more at The Economist
Digital outlets such as iTunes are not growing nearly fast enough to offset the decline in CD sales. Indeed, in many countries they are stuck in a niche. In Japan, 73% of spending on recorded music in 2010 was on CDs, DVDs and vinyl. Fewer than one-fifth of Britons bought digital music last year.
Apple’s iCloud is not just a storage locker for music. It will search devices for tracks purchased from the iTunes store, and automatically give customers the rights to download the music to any Apple device. Yet music companies do not expect Apple or any other technological behemoth to save them. Few believe recorded music is about to rebound.
Read more at The Economist
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