$400 Million, $140 Billion And 2020
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Wall Street Journal: A New Digital Battlefield: The entire business of selling episodes of TV shows through services like Apple's and Amazon's is expected to generate only $407 million in 2010 ..... U.S. consumers and advertisers will spend about $143 billion on traditional TV advertising and subscriptions in 2010I expect these two numbers to have changed places by 2020. Everything is going online. TV is not going to be a separate medium for too long. The internet will eat up and digest the TV. But we are going to have to move to universal 100 MB plus broadband for that to happen.
Wall Street Journal: Web Start-Up Values Soar:In an echo of the 1990s dot-com boom, some investors also are giving lofty valuations to Web firms that have no revenue and that barely have a product out..... Quora ...... Blippy ...... Foursquare .... last year, when Twitter Inc. was valued at $1 billion during a round of funding, up from $95 million in mid-2008 when it raised a previous round of funding .... Many investors won't recoup their investments ...... SecondMarket, which operates an exchange where investors can trade the stocks of closely held start-ups ...... "There's a big disconnect between the public market and the private market" ..... Deal-of-the-day site Groupon Inc., for instance, was founded in 2008 and quickly brought in consumers eager to tap its discounts. By April when it received a $135 million investment from Russian investment firm Digital Sky Technologies Ltd. and venture firm Battery Ventures, Groupon was valued at about $1.35 billion.
Blockbuster Nears Bankruptcy:a milestone in consumers' shift away from brick-and-mortar video stores to films delivered by mail and the Internet
Netflix, Studio Reach Streaming Deal
A New Digital Battlefield:TV shows are emerging as a new front in the war over digital media between Amazon.com Inc. and Apple Inc., amid their ongoing battles over electronic books and online music..... Several executives said those rentals could be a step toward a world where people see less advertising or stop paying for cable subscriptions—two principal sources of revenue...... Apple accounts for 57% of transactions in Internet video-on-demand movies, on a number-of-sales basis, and 53% of the TV shows market ...... The entire business of selling episodes of TV shows through services like Apple's and Amazon's is expected to generate only $407 million in 2010 ..... U.S. consumers and advertisers will spend about $143 billion on traditional TV advertising and subscriptions in 2010