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Microsoft Cuts XBox Prices,Now Cheaper Than Rivals
Maybe it was the bad economy. Maybe it's the back-to-school season or an attempt to generate more interest ahead of Christmas shopping period. In any case, Microsoft (NSDQ: MSFT) hopes to see a sales boost now that its XBox console is now cheaper than rivals Nintendo Wii and...
MSFT's New Nothing Ad Campaign With Seinfeld
As far as teasers go, this is a pretty pathetic effort to seems cute, funny and cuddly...but then, come to think of it, an ad which features Jerry Seinfeld has to be about nothing. So it is:The campaign was developed by ad agency Crispin, Porter + Bogusky and will...
Amazon launches new in-browser VoD platform
Amazon has launched a new video-on-demand VoD streaming platform that allows users to view film and TV titles instantly from within their web browsers. The move, which was first rumoured in July, also sees the beta launch of a Sony Bravia system, that let users stream programmes directly through...
Microsoft Cuts 360's Price in Throwdown With Sony
Ars Technica reports: Microsoft will cut the price on Xbox 360 models by as much as one-third, starting Friday. Expect $50 to be cut from the Pro and Elite models of the hardware (that's about 11 to 14 percent off), and a big $80 off the Arcade model,...
Options Trader: Thursday Outlook
Phil Davis submits: Lots of data today, but the retail sales are already looking spotty and oil is back to $110 pre-market, getting what oil traders are calling a "convention bounce" as they start to believe they may be able to hold the White House next year. Aside from...
Digital Publishing May Get Easier For Indies
Perseus Books Group is the latest to claim a better mousetrap when it comes to digital publishing for indie publishers, according to the NYT: Constellation, slated to launch Thursday, includes partnerships with Google (NSDQ: GOOG) Google Book Search, Sony (NYSE: SNE) Sony Reader, Amazon (NSDQ: AMZN) Kindle, Barnes &...
Sony Ericsson Denies Delay To Flagship Windows Handset
Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) denies the launch of its first Windows Mobile-powered handset will be delayed. Weekend reports held the Xperia 1, which drew plenty of gadget fans to SE's booth when it was announced at Mobile World Congress in February, would be pushed back. But a...
Bertelsmann mulls sale of USD2.2bn RTL stake
Bertelsmann is considering selling a multibillion dollar stake in TV group RTL - fuelling speculation that it is trying to raise cash to finance a large acquisition abroad. The German conglomerate, which controls 90% of RTL, could sell a stake as large as 15% - worth around EUR1.5bn (USD2.2bn)...
Ad Industry Roundup: WPP/TNS; YouTube; CNBC; Media Kitchen
-- TNS still resisting WPP takeover: Even though German audience measurement firm GfK has pulled the plug on its bid to merge with British research company Taylor Nelson Sofres, that does not mean smooth sailing for WPP Group's takeover plan. The company is reiterating its complaint that WPP's offer...
Sony's Chief Says A Solution Must Be Found For Sony Ericsson
Sony's (NYSE: SNE) CEO Howard Stringer was quoted as saying in a German newspaper on today that its mobile-phone joint venture with Ericsson (NSDQ: ERIC) must do better, Reuters reported. "We have to work together again as we did two years ago. Or the joint venture will have to...
Japanese ADRs Trading Below or Near Book Value
In response to an article I published yesterday, “Goldman forecasts recovery in Japanese stocks from mid-2009", which was carried on Seeking Alpha, a reader asked for some “big cap” stocks trading at/near book value, among other things. Following is a quick list of select stocks with ADRs. Trading below...
Legal Roundup: Wolfgangsvault Settlement; Immersion-Microsoft Settlement; Google, Verizon Sued
Lotsa digital media-related legal news coming out today:-- Wolfgangsvault Settlement: This was a much anticipated one: Doors and Carlos Santana have reached a tentative settlement with Wolfgang's Vault, the controversial site which sells memorabilia and streams concert footage online. The site was sued two years ago...Sony (NYSE: SNE) BMG...
MGM Says Not For Sale But Mulling Options
By Alex Dobuzinskis LOS ANGELES (Reuters) - Hollywood studio Metro-Goldwyn-Mayer said on Monday it was not for sale but is exploring "enhancements" to its long-term capital structure that could include a stock offering or debt refinancing. The move comes as Hollywood struggles to...
Japanese Tech Stock Weekly Summary (Aug. 18-25)
The following is excerpted from IRG's weekly stock report: • • • by IRG
When To 'Believe the Hype' of a New Product
Larry Bellehumeur submits: When it comes to "Hyping" a product, it is clear to most people that Apple AAPL has no peers. Long before people knew the total functionality of an iPod, they knew that they had to have one. In my opinion, this was the most successful product...
Gaming the Recession
Guy Bennett submits: When the economy falls, the demand for escapist entertainment rises. History has proven this over and over again. During “The Great Depression” (1929 – 1939) 25% of American families had no income and 40% of factory workers were unemployed. In 1930 there were 200,000 evictions in...
Sony Ericsson Launching PlayNow Arena; No 'Boat Load Of Cash" From Digital Music
Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) said today it is launching its PlayNow Arena, the long-awaited upgrade of its online music store PlayNow on Monday. The new internet site—which will debut first in the Nordic countries—adds games and other applications to the mix, and will start off with a...
Sony Ericsson Adds T-Mobile USA To Distribution Line-Up
After only selling phones in the U.S. through AT&T (NYSE: T) for years, Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) announced today it's expanding its distribution network to include T-Mobile USA. This is good news for both parties. Sony Ericsson has been affected by slower handset sales in part because...
Sony Announces New Hardware for PSP and PS3
Seth Gilbert submits: Wednesday was a busy day for Sony SNE. The company’s gaming division used the Games Convention in Leipzig, Germany to reveal a number of new hardware offerings. Topping the list was a new SKU for the Playstation 3 platform. With Sony’s focus evolving more and...
Eight Gaming News Stories
Bruce Everiss submits: /strong Japan is sold out of Xbox 360s and Microsoft MSFT has apologised: “We truly thank you for all your patronage in the past. Currently, the Xbox 360 is sold out, and retailers are unable to restock their supply. This is a result of our own sales...
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