Thursday, March 13, 2008

ABC jumps into digital hyper drive - web - Technology - smh.com.au

By Asher Moses
In www.smh.com.au
March 12, 2008 - 2:59PM

The ABC has leapt further into the digital media age, announcing a 24/7 "continuous news centre" and more than 60 new websites pushing local news to regional communities...

View the article here

Iger: Disney to reap $1 billion online

By RYAN NAKASHIMA
from www.businessweek.com

he Walt Disney Co. expects to collect $1 billion in revenue from online content this fiscal year, a significant rise from estimates for fiscal 2007, CEO Robert Iger said Monday.

Iger told analysts the company has been "fairly aggressive" in expanding onto the Internet to extend consumer contact with its most popular franchises and create new revenue streams.

"If we're not there, (people) will just access someone else's content," he said in comments Webcast from Bear Stearns' 21st Annual Media Conference in Palm Beach, Fla.

Disney's online revenue came from advertising during its ABC network hits such as "Lost" and "Grey's Anatomy" that are rerun on ABC.com; ads on sites such as ESPN.com; subscriptions to online games; downloads of movies and music; and e-commerce that is not related to its theme parks.

Online sources account for less than 3 percent of company revenue. Disney posted total net income of $4.7 billion on $35.5 billion in revenue last year.

The last time the company estimated digital revenue was in June 2007, when chief financial officer Tom Staggs said he expected the company to post more than $700 million for fiscal 2007, which ended in September.

The company does not break out online revenue in its quarterly earnings releases.

Last month, Disney announced it had created a special studio to develop short-form dramatic and comedy series exclusively for broadcast on ABC.com and Google Inc.'s YouTube.

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On the Net:

The Walt Disney Co., http://www.disney.com

Original article here

Welcome to Conference 2.0


By Dan Fost on www.money.cnn.com


Social media is putting an end to the passive role attendees traditionally play at business gatherings.

AUSTIN, TEXAS (Fortune) -- We've all been there: the dull business conference. A half-empty room of half-asleep attendees answer their e-mail on laptops and BlackBerries, while some hapless speaker lumbers through a PowerPoint speech.

That scenario is about to change, thanks to the growing ubiquity of social media. Consider author Sarah Lacy's disastrous interview of Facebook founder and CEO Mark Zuckerberg at the annual South by Southwest Interactive Festival here. Lacy, a Business Week columnist and author of a forthcoming book on Zuckerberg and other Web 2.0 titans, drew the crowd's wrath by asking Zuckerberg too many questions about his age and his company's outrageous $15 billion valuation and not enough questions about issues more fundamental to how Facebook operates - things like trust, privacy, and accessibility to software developers. On top of that, Lacy interrupted Zuckerberg, seemed to flirt with him, and then grew hostile as the crowd turned against her.

And did it ever turn. Many in the audience started posting their thoughts on Twitter, a service that broadcasts instant messages, and the ire built...

Whole article on Web 2.0 here

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