The Ten Spot: Nov 5, 2009
Chart: U.S. Virtual Goods Revenue Ready To Explode | SAI
The virtual goods market in the U.S. is ready to take off. Right now, the U.S. only has 28% of the total market. By 2013, the U.S. will make up 41% of the market with $2.5 billion in sales, according to research from Piper Jaffray.
The Decade of Steve Jobs, CEO of Apple | Fortune
He’s a visionary, but he’s grounded in reality too, closely monitoring Apple’s various operational and market metrics. He isn’t motivated by money, says friend Larry Ellison, CEO of Oracle (ORCL, Fortune 500). The financial results have been nothing short of astounding — for Apple and for Jobs. The company was worth about $5 billion in 2000, just before Jobs unleashed Apple’s groundbreaking “digital lifestyle” strategy, understood at the time by few critics. Today, at about $170 billion, Apple is slightly more valuable than Google.
CollegeHumor May Go to Ben Silverman Venture | Advertising Age
The deal would have Connected Ventures, parent of CollegeHumor and just-launched TV-production arm Notional, folded into Electus. [...] Connected Ventures is at the core of those content efforts, but Mr. Diller is said to lack confidence that the group can effectively monetize the properties it creates. Last week, Mr. Diller said investment in original content would account for “less than 10%” of the $1.8 billion the company will have in cash over the next few years.
One of the biggest questions in the TV biz has been when, and even if, Oprah Winfrey would give up her daytime syndicated talk show to focus on OWN, her long delayed Oprah Winfrey Network in 70 million homes that was supposed to launch in place of the Discovery Health Channel as a joint venture between Winfrey and Discovery Communications. Read more >>