industry insiders

Meet Magine, The iPad App That Shows Just How Cool An Apple TV Could Be (AAPL)

Source: http://www.businessinsider.com/meet-magine-the-ipad-app-that-shows-just-how-cool-an-apple-tv-could-be-2012-11

Magine iPad App

People love TV.

Stats to prove it:

  • About 100 million people pay for cable TV, according to the National Cable & Telecommunications Association.
  • The average monthly cable bill was $86 2011, according to NPD. It’s expected to be $123 by 2015 and $200 by 2020.

So, if we’re all in love with TV, why are we excited about the near-certain prospect of an Apple TV?

Mainly because the software for current TVs and set-top boxes is terrible. Cable company software is ugly and hard to navigate.

Impressed with our MacBooks, iPads, and iPhones all of us – including industry insiders like Time Warner CEO Jeff Bewkes, for example – imagine Apple could do a much better job.

Over in Sweden, a startup called Magine (pronounced like Imagine without the “I”) has done more than just dream.

It built a product for iOS and Android, which streams and records 16 Swedish television channels. Sometimes called the “Spotify for TV,” its shows us just how cool Apple TV software could be.

With Magine, your iPad is both a remote and a viewing device. Apple TV will have to work the same way, right?

Instead of hitting the “guide” button on your remote and navig! ating wi th arrows, you can use gestures.

This is how you select a show – by touching it.

See the rest of the story at Business Insider

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Friday, November 30th, 2012 news No Comments

Desperate For Revenue, Facebook Turns To The Gambling Business… (FB)

Source: http://www.businessinsider.com/facebook-gambling-2012-8

winstar world casino table

Facebook is going into the gambling business.

Starting today, report Christopher Thompson and April Dembosky of the FT, Facebook will allow users in the UK to play bingo for real money. Real-money slot machines will soon follow.

Gambling is much more socially and legally acceptable in the UK than in the US, where legislators pretend that it’s immoral to gamble outside of Las Vegas, Atlantic City, and some Indian reservations. The same legislators have no issue with lotteries, which encourage citizens to throw hard-earned money down rat holes to raise additional state tax revenue.

But still, gambling is a risque behavior to cash in on, especially for a mainstream consumer company like Facebook.

Industry insiders have long expected Facebook to turn to gambling at some point, and they have high hopes for it. Earlier this year, in Europe, one insider predicted that gambling would eventually turn Facebook into a $100 billion business.

Facebook’s Bingo gambling will be conducted in partnership with a company called Gamesys, one of the UK’s biggest online gambling companies. The game will be called Bingo Friendzy.

Facebook will presumably collect a ~30% “vig” from the money spent to play Bingo on the Facebook platform, the same way it collects a portion of the virtual goods revenue its social-gaming partners generate in the U.S. This revenue will help fortify Facebook’s “payments” revenue stream, which has recently been crippled by the collapse of Zynga! .

Meanwhile, one company that appears to have been left out in the cold here is Zynga, Facebook’s big game partner in the US. Zynga has also been eager to cash in on the online gambling craze. But it will apparently be watching this Facebook move from the sidelines.

SEE ALSO: INSIDER: When Gambling Is Legalized, Facebook Will Become A $100 Billion Business

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Tuesday, August 7th, 2012 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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