U.S. Pay TV subscriptions have declined for the first time in history in the second quarter. Comcast & other cableco’s lost a total of 711,000 subscribers last quarter, which represents the biggest quarterly loss ever for cable TV. Telcos and sattellite TV providers were better off. Read more »
The worldwide online market for digital goods will grow amid a state of continuous disruption across all forms of content markets. Fueled by an ever-growing user base, migration from physical formats to digital distribution, and a proliferation of new connected devices, the overall market for digital goods will grow to $36 billion by 2014, up from $16.7 billion in 2009. This report examines the state of paid content and the various monetization and payment models across each of the various digital goods markets. The report examines key players and market dynamics in the film and video, newspaper, online game, music and social networks space relative to their paid content strategies, and includes a revenue forecast of each of these segments relative to the overall paid content market. Read more at GigaOM Pro »
Sony CEO Howard Stringer reaffirmed the consumer electronics giant’s decision to focus on networked gadgets while discussing its restructuring at a shareholders’ meeting held today, according to Reuters. Stringer said the company would lay off 16,000 workers and close eight of its 57 manufacturing sites as […] Read more »
