Tag Archives: Fortune Magazine

Kim Dotcom’s Streaming Service Is Finally Here

photo: Hannah Peters, Getty Images

Designed as an alternative to popular streaming services like Spotify and Apple Music, BABOOM, as it’s called, lets independent artists keep 90% of the proceeds through its “Fair Trade Streaming” agreement. Dotcom originally envisioned the service as an alternative to the music industry through which they could directly distribute their music to fans, but he left the company last fall. – Kia Kokalitcheva, Fortune Magazine

Think Apple’s come too late to the music streaming party?

800 million. That’s how many iTunes accounts Apple has gathered in 14 years, each of them attached to a credit card. Pandora and Spotify have less than one tenth as many, and most of their customers are free-loading on an ad-supported account. Can Apple persuade a generation raised on free streamed music to pay $9.99 per month for Apple Music? They don’t have get everybody on board to make success of it. – Philip Elmer-DeWitt, Fortune Magazine

Netflix to Launch in This Market With Over 240 Million Internet Users

The company plans to expand its 62-million customer base with a launch in India in 2016, sources told The Times of India. The service will include popular local shows such as Buniyaad, Nukkad, and Malgudi Days, and will be available on Apple iOS and Google Android devices, the report said. – Jonathan Chew, Fortune Magazine

These new streaming services may entice you to cut the cord

TAPP: Right wingers, Tea Partiers and social conservatives need streaming services too, and TAPP looks like the service for them. According to audience development manager Evan Greenberg, it offers such content as the Herman Cain Channel and the Sarah Palin Channel, each offered a la carte at $9.95 apiece so subscribers don’t get saddled with content that they don’t want. –
Daniel Bukszpan, Fortune Magazine

Why a free and open Internet is pointless

Simply put, a free and open Internet – which goes to the heart of the FCC’s intent – hinges on the ability of the IP networks to deliver and, even more importantly, perhaps, withstand the rising and relentless pressures of data. According to research house IDC, the data universe is growing by 40% annually, which means it is doubling in size, effectively, every two years. At that rate, the data we create, copy and download annually will reach 44 zettabytes, or 44 trillion gigabytes, by 2020. – Lloyd Carney, Fortune Magazine via Quartz
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Why the Chinese government doesn’t want its people watching “The Big Bang Theory”

[SAPPRFT]’s actions represent a sharp shift in China’s relations with the American entertainment industry. Three years ago, it seemed, Beijing was starting to make nice with Hollywood, as pirated content was removed from the web. Western studios were soon raking in $100 million a year through licensing deals with streaming platforms like Youku Tudou, Tencent Video, and Sohu. Now some fear the rapprochement is over. – Scott Cendrowski, Fortune Magazine
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Former NBA Commissioner David Stern isn’t worried about DISH streaming ESPN

Talking on CNBC on Wednesday, [David Stern] said that the NBA could actually benefit from having its games streamed through web subscriptions in addition to appearing in traditional cable television packages. Sling TV’s service “is appealing to an audience that either has cut their cord already, or the nevers—the never had cable [people]—so actually I think it will bring in more people and I would hope that somebody who gets to see the occasional game on ESPN, or ABC, will want to make sure they get to see all the games, which requires a whole different package,” Stern told CNBC. – Tom Huddleston, Jr, Fortune Magazine
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As streaming services challenge laws, FCC mulls definition of ‘cable company’

Companies such as Aereo, which this summer lost a Supreme Court case against the major TV networks, and FilmOn would be classified as multichannel video programming distributors, or MVPDs. The reclassification would allow the online video providers, which are also referred to as “over-the-top” video providers, to gain access to broadcast programming so long as they pay retransmission fees.

FCC chairman Tom Wheeler and Democratic members Jessica Rosenworcel and Mignon Clyburn are expected to vote yes, which would provide the majority vote needed. – Peter Suciu,Fortune Magazine  

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Is it finally time to cut cable?

[W]e felt like we were being taken advantage of. We paid for 160 channels, but we really only watched shows on 20 of them at most. (Yes, I’m aware of how the cable TV industry’s bundling business model works. Still doesn’t erase the feeling.) By cutting cable out of our monthly bills, we figured we would save roughly $60 per month. Sure, we still pay Comcast for our Internet service, but it’s a service we value and thus don’t mind paying for. […] The number of subscribers ditching cable service is on the rise—hundreds of thousands ditch it every quarter—and with recent announcements from HBO, CBS, and Lions Gate to offer stand-alone streaming plans, the movement is gaining more momentum. But there’s still work to be done. – Jason Cipriani,Fortune Magazine

Amazon to pay over $1 billion for videogame streaming site Twitch

Amazon will shell out more than $1 billion to buy Twitch, […] The deal could be announced as early as Monday. The purchase follows earlier reports that Google had been in talks to acquire Twitch for a similar sum, though talks trailed of in recent weeks, people familiar told The Wall Street Journal. – Laura Lorenzetti,Fortune Magazine
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