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Sales Of Wall Street’s Favorite Computer Have Stagnated
Source: http://www.businessinsider.com/bloomberg-terminal-sales-2012-10
Perhaps this is an indicator of how Wall Street is really doing.
Via Zerohedge, the New York Post’s Keith J. Kelley reports that Bloomberg LP has grown its Bloomberg Terminal sales by only ~1,000 units in the first nine months of this year.
In 2011, Bloomberg sold 13,672 terminal subscriptions, which was short of the sales goal of 15,000, the report said.
A Bloomberg Terminal is basically a computer that Wall Streeters use to obtain real-time market data, news and stock quotes among many other cool functions.
There are about 315,000 Bloomberg Terminals installed worldwide. A subscription costs about $20,000 per year, the report said.
The other problem is 50 percent of Bloomberg employees’ bonuses depend on terminal sales and non-terminal revenue growth.
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Another Nail In RIM’s Coffin
Source: https://intelligence.businessinsider.com/welcome
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RIM continued its downward slide yesterday. In the quarter ended May 31, it shipped shipped only 7.8 million smartphones, which was the same amount they shipped in the second quarter of 2009 three years ago. Global smartphone shipments have tripled over this same period.
Its market share, meanwhile, has slid from a high of 21 percent in 2009 to 7 percent in the first quarter. We don’t know what its market share will be in the second quarter yet, but given the huge slide in shipments we would expect it to drop farther.
Compounding its woes, Blackberry delayed the release of its latest smartphone platform until 2013. A sale or breakup of RIM seems inevitable at this point. While RIM is undeniably maimed, the sale of a company shipping 40 million smartphones per year will have a significant impact on the mobile industry.
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Spotify Is Now The Second Biggest Source Of Revenue For Labels
Source: http://www.businessinsider.com/spotify-revenue-labels-2012-6
Spotify is now the No. 2 revenue source for the major music labels, a source close to the company tells us.
Spotify is an on-demand music service. There are free and subscription options. 23 million people used the service last month, according to AppData.
The No. 1 revenue source for labels is Apple’s iTunes.
iTunes paid approximately $3.2 billion to record labels in 2011, Business Insider Intelligence estimates.
The gap between Apple and Spotify remains extremely large, our source tells us.
“iTunes is way up here,” our source said, gesturing up high, “and everyone else is way down here.”
At this year’s SXSW conference in Austin, early Spotify investor Sean Parker said: “If we [Spotify] continue growing at our current rate in terms of subscriptions and downloads, we’ll overtake iTunes in terms of contributions to the recorded music business in under two years.”
Spotify, founded in Sweden in 2006, is currently raising $220 million at a $4 billion valuation. Goldman Sachs is investing $100 million in the round, Evelyn Rusli reported in the New York Times.
Spotify raised more than $100 million at a $1 billion valuation in 2011.
We first heard about Spotify’s latest raise at a massive valuation back in March. Then, investors told us they were very skeptical of the company’s prospects. The reason: Spotify does not own the content it sells to consumers. The labels do. In this view, the music labels will be able to keep a close eye on Spotify’s margins and tax the startup’s (as-of-yet unrealized) profits heavily.
The more optimistic view is that the labels will support Spotify as an alternative to iTunes, which the labels view as too powerful. In this outcome, Spotify will become a revenue source the label come to depend on and it will be able to dictate terms.
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Adobe Muse is ready to let you design websites without the coding headaches for $15 a month
Source: http://www.engadget.com/2012/05/14/adobe-muse-now-available/
If you’ve been looking to get that web project off the ground but despise the idea of coding it, Adobe’s recently announced web design tool has just landed. Muse, the program that allows you to design websites without having to get your hands dirty with HTML5 is now available. The kit behaves more like a layout program (like InDesign) instead of a web publishing / programming tool, allowing those who are more design-minded to feel right at home. As you might expect, the software is available with an annual $49.99 per month Creative Cloud subscription alongside CS6 heavyweights like Photoshop and Illustrator. If Muse is all you’re after, you can snag it alone for a $24.99 month-to-month fee or $14.99 for a twelve-month commitment. Need to see it in action before you open your wallet? No worries. Hit the coverage link below for a look at what the application can do.
Adobe Muse is ready to let you design websites without the coding headaches for $15 a month originally appeared on Engadget on Mon, 14 May 2012 14:44:00 EDT. Please see our terms for use of feeds.
New York Times sees higher circulation numbers, digital paywall smiles knowingly
Source: http://www.engadget.com/2012/05/01/new-york-times-higher-circulation-digital/
Given how aggressively The New York Times pushes its digital packages — we’ve long since dropped our subscription yet are still bombarded with offers — you’d hope the paper was at least seeing some results. Well, never fear: it is. A report by the Audit Bureau of Circulations (ABC) found that the Times has seen a healthy increase in circulation, with the Sunday edition selling 2,003,247 copies (up 50 percent from last year) and the weekday editions racking in an average of 1,586,757 (up 73 percent). The ABC attributes much of this gain to the NYT’s addition of digital access to paper subscriptions, and we’re sure the paywall, which limits non-subscribers to just ten free articles a month, has something to do with it, too.
New York Times sees higher circulation numbers, digital paywall smiles knowingly originally appeared on Engadget on Tue, 01 May 2012 18:15:00 EDT. Please see our terms for use of feeds.
Publishing Consortium to Launch Hulu for Magazines
Source: http://gizmodo.com/5898918/major-publishing-consortium-ready-to-launch-hulu-for-magazines
It’s been two years since Next Issue Media was first announced but the subscription-swapping, all-you-can-read digital news-stand is set to launch tomorrow.
Next Issue Media is a digitial subscription service proposed by five of the world’s largest publishers (Conde Nast, Time Inc, Hearst, Meredith, News Corp). Users would receive as many digital magazines as they wish for a flat monthly rate of $10-15, depending on if you want delivery of weeklies like The New Yorker. And just like Hulu, the user will be able to freely pick and choose which content to consume.
The digital magazines will still read like physical magazines—top to bottom, left to right, including ads—which is kind of odd but likely a necessary intermediary step for publishers to make that cognitive leap to accepting digital publishing. At launch, 35 titles will be available for perusal including, Motor Trend, Popular Mechanics, and Time. More titles are expected to debut in the coming weeks.
“You download the Next Issue Media reader once, and all the magazines will be presented there in single format,” Morgan Guenther, CEO of Next Issue Media said. “We think we’ll have a compelling proposition.”
However if the Big Five is counting on this production immediately taking off, well, that’s not likely. NIM requires an app to run—an app only available on Android tablets running Honeycomb. That nobody thought to port this to—much less not build it specifically for—the iPad and its spiffy new Retina display is an inauspicious way to kick off a publishing platform.[allthingsd, Adweek – Image: The AP]
Intel plans branded IPTV service, could launch by end of 2012
Source: http://www.engadget.com/2012/03/12/intel-plans-branded-iptv-service-could-launch-by-end-of-2012/
In a shift that would see its familiar brand move from the inside out, Intel’s reportedly in talks to create an IPTV service that could rival current subscription offerings from cable and satellite. According to the Wall Street Journal, the venture would deliver programming via household internet connections and has the personal backing of CEO Paul Otellini, signaling a consumer-facing shift for the typically behind-the-scenes company. The proposed service, which would bear the Intel brand, is still far from a concrete reality, but the chipmaker has held several talks with content companies to secure carriage deals, as well as demo its proprietary set-top box and navigation UI. So far no programmers have signed on for the “virtual cable operator,” putting the outfit’s tentative end-of-year 2012 date into question.
Intel plans branded IPTV service, could launch by end of 2012 originally appeared on Engadget on Mon, 12 Mar 2012 18:47:00 EDT. Please see our terms for use of feeds.
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No Netflix for You! Come Back, Never! [NetFlix]
Source: http://gizmodo.com/5892105/comcast-no-netflix-for-you-come-back-never
Comcast has issued a strongly-worded statement clarifying its position in those discussions Netflix was rumored to be engaging in earlier this week: not us, not our devices, not ever.
In Tuesday’s reports, Netflix hinted that at least one provider was willing to trial it by year’s end. Comcast would like everybody know that it isn’t them. “We have no plans to offer access to Netflix to our customers through our Xfinity TV service, no matter what device,” Comcast spokeswoman Alana Davis told FierceCable.
Instead, Comcast is exploring the possibility of allowing access to its On-Demand library through TiVo Premiere DVR’s
The provider has also developed its own video subscription service called Steampix. It’s designed to compete head to head with Netflix—allowing Xfinity subscribers to access TV series and movies wirelessly and remotely—but includes the conventional bits of flair we’ve come to expect from cable like an bundled channels. Because who doesn’t want to pay through the nose for content they don’t watch? [Fierce Cable via BGR]
No Netflix for You! Come Back, Never! [NetFlix]
Source: http://gizmodo.com/5892105/comcast-no-netflix-for-you-come-back-never
Comcast has issued a strongly-worded statement clarifying its position in those discussions Netflix was rumored to be engaging in earlier this week: not us, not our devices, not ever.
In Tuesday’s reports, Netflix hinted that at least one provider was willing to trial it by year’s end. Comcast would like everybody know that it isn’t them. “We have no plans to offer access to Netflix to our customers through our Xfinity TV service, no matter what device,” Comcast spokeswoman Alana Davis told FierceCable.
Instead, Comcast is exploring the possibility of allowing access to its On-Demand library through TiVo Premiere DVR’s
The provider has also developed its own video subscription service called Steampix. It’s designed to compete head to head with Netflix—allowing Xfinity subscribers to access TV series and movies wirelessly and remotely—but includes the conventional bits of flair we’ve come to expect from cable like an bundled channels. Because who doesn’t want to pay through the nose for content they don’t watch? [Fierce Cable via BGR]
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Trent Reznor teases Beats-backed streaming music service, wants a personal touch
Source: http://www.engadget.com/2012/12/10/trent-reznor-teases-his-beats-backed-streaming-music-service/
Dr. Dre isn’t the only musician to collaborate with Beats on projects deeper than one-off headphone models. Nine Inch Nails and How To Destroy Angels creator Trent Reznor tells The New Yorker that he and Beats are developing a streaming music service, codenamed Daisy, that should go beyond just automatically suggesting related songs like with Pandora. Alongside algorithm-based picks, Daisy should introduce “intelligent curation” from humans to make musical connections that wouldn’t otherwise take place. We’ll know more when the service goes live early next year; we’re presuming the recommendations will involve more than just another spin of The Downward Spiral.
[Image credit: Nine Inch Nails and Rob Sheridan, Flickr]
Filed under: Internet
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Via: Pitchfork
Source: The New Yorker (subscription required)
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Tags: Beats, creator, curation, Downward, downward spiral, Filed, flickr, headphone, Image, image credit, inch, InternetCommentsVia, music service, musical connections, nine inch nails, spiral image, streaming music, subscription, trent reznor