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media entertainment industryThe Media and Communications Industry includes companies involved in telecommunications equipment and services, television and radio broadcasting, motion picture/video production, and publishing. This industry connects societies by entertaining, informing, and connecting people around the world. Historically, much of communication was done through print and word of mouth, but technological advances have led to the introduction of the telegram, telephone, radio, television, cellular phone and Internet, which have led to more widespread communication capabilities. As these technologies have evolved, so have the ways news has been reported and the ways business has been conducted. The conveniences of technology have made the Internet a much more integral part of the news process, and have triggered a decline in print media. Blogs and internet columns have increasingly gained traction as an avenue to sharing opinions and news, as many newspapers are filled with outdated news by the time people get them, and furthermore, many are unwilling to pay for the content newspapers offer when they can get it free online. Possible deficiencies of blogs and other online publications, however, include lack of ability or resources to establish comprehensive reporting, especially in the realm of international issues. Whereas newspapers could send reporters around the glob to study issues and make an informed report, many bloggers must rely on secondhand information in order to write their opinion pieces. For now the trend seems to be a continued growth of the Blogosphere, but as newspapers adapt to the digital age, they could prove to be informative and valuable sources for news, especially on the international level. Read more from http://globaledge.msu.edu/.
Table of Contents: Movie Industry
The film industry is one of the biggest high-risk / high-reward businesses in America, and is on of the USA's top exports around the world...culture, as well as profits.
More investment going to Hollywood — A new $200 million private equity fund raised by FilmBankers International LLC will invest directly in the production of independent films in the United States. The firm is still fundraising, but plans to use the money for films with a budget range of $10-20 million. FilmBankers bases funding decisions on a “credit score”, which attempts to predict the potential success of a film. The fund is part of a new wave of private capital headed for Hollywood, with hopes of outmaneuvering the time-worn blockbuster model of the big studios. News via TheDeal.com.
Changes in Television:
TiVo
Photobucket, Picasa bring photo-sharing to TiVoDecember 3, 2007 5:30 AM PST  Apparently, fast-forwarding through commercials just isn't enough. TiVo announced on Monday that users of select photo-sharing services are now able to access their image collections through its set-top boxes.
The digital video recorder manufacturer has partnered with two photo-sharing services--the Google-owned Picasa Web Albums and Fox Interactive Media-owned Photobucket--in order to enable users to surf through their photo albums as well as their friends' and family members', provided that their TiVo boxes are broadband-connected.
A release from the company emphasized the fact that photos are viewable in the highest resolution possible, which on the TiVo Series 3 and TiVo HD devices means full high definition. In addition, the TiVo interface makes it possible for users to search the overall database of public Picasa or Photobucket images by keyword.
Startups
DECA, bringing Hollywood online, raises $5M
Cable TV
News
Major copyright bill boosts penalties, creates new agency — In the aftermath of the $222,000 jury verdict that the Recording Industry Association of America recently won against a Minnesota woman who shared 24 songs on Kazaa, the U.S. Congress is preparing to amend copyright law.
Concepts to watch:
online video
With the ultra popular site Youtube leading the way, we ushered in a new generation of online video "news" media, with the evolution of peer-to-peer video sites, we see challenges to the old media industry, and the introduction of new business models. Definitely one to watch!
external links
Companines to watchExternal Links
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My goal with the site is to create a community where entrepreneurs and influential tech bloggers can collaborate in creating a guide... discussing trends in technology (as well as other trends) that effect investors in new technologies. Bloggers and entrepreneurs gain reputation by contributing content, and leading discussions, and they gain exposure to the community of peers, as well as investors in new technologies. The reputation of leading a discussion on a particular topic should help entrepreneurs (bloggers and consultants) to find financing, find new jobs, or find new business partners,etc... more information here about why / how to contribute...
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Tech Trends to watch...
addthis_pub = 'briandbutler
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