Hollywood's impending Internet revolution
New York Magazine wrote recently that YouTube was planning to throw large sums of money at celebrities who would then make short form (three minute) videos for the site. The numbers mentioned were staggering (up to $5 million per celebrity channel) but the business model is crazy. It’s the three minute thing that makes no sense. I’m sure if YouTube is planning something like this it is specifically for videos that are not three minutes long.
Youtube already owns the Internet market for three minute videos. While there are probably instances where YouTube might throw some significant money into getting the odd celebrity to do something in this space, it is traditional TV-length videos and movies where Youtube actually needs help.
Looking at total video […]


Bloomberg reported today that Sprint is in talks to buy T-Mobile, the U.S. wireless division of Deutsche Telekom, according to the usual unnamed sources. As a result, shares of both companies are moving, tongues are wagging, as are the fingers of technical analysts saying such a tie-up might not be a very good idea given the technical differences between the two networks. After all, look what happened the last time Sprint tried to absorb a foreign network, Nextel, back in 2005. That wasn’t pretty for Sprint or its shareholders. But Wall Street loves news, whether it is true or not, and I am fairly certain this news isn’t true.
The world is in turmoil with the Middle East experiencing something like a social revolution, so what’s the last remaining superpower to do? I’m serious. Colonel Qaddafi is bringing heavy armor and air power to bear against the rebels opposing him in Eastern Libya and inflicting some serious casualties. The rebels are calling for U. S. air strikes or maybe a U. S.-enforced no-fly zone. But Defense Secretary Robert Gates, sitting already on two regional wars he can’t win, doesn’t want to get involved in yet another. Anything discussed so far that Obama might do will only make new enemies or long-term problems for America, but then so will doing nothing. So while the big […]