The Social Media Bubble Is Quietly Deflating

Social media companies drew only 2 percent of the venture capital headed to Internet-based enterprises last quarter" while "Big data and cloud companies" appear to be the hot plays now in Silicon Valley.

Read more at Business Week.

Streaming Audio, Video Surges In 2013

Online audio and video consumption surged in the first half of 2013, according to the latest figures from Nielsen SoundScan and Nielsen BDS, which tallied 50.9 billion audio and video streams in the first six months of the year, up 24% from 41 billion streams in the same period of 2012.

Read more at Media Post

Broadcast TV, Local Cable Ad Spend Up Double Digits

Broadcast TV advertising spending rocketed up by strong double-digit percentages in the second quarter. Standard Media Index says broadcast TV spending was up 16% in the second three months of 2013, and 10% through the first half of the year. By way of comparison, national cable TV advertising moved up more slowly in the second quarter, for a 6% gain.

Read more at Media Post

survey: 1/3 say First Amendment goes too far

One out of three Americans think the First Amendment “goes too far in the rights it guarantees.” That's the finding of an annual survey conducted by the First Amendment Center. More than a third couldn’t name any of its guarantees at all, and just four percent named the right to petition.

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