News Of The Day 8/9/2011

The economy isn't as bad as we thought? The Smurfs return. Publishing gets a big lawsuit. What a day! What a pile of news!

And stocks bounce back up?. I'm pretty much getting the idea that no one listened to the S&P that much, and that this was due to the EuroCrisis.

Smurfs gets a sequel. Well there's a successful remake, and who wants to be a revival of the TV series?

OK, maybe I am wrong about a Walmart ecosystem. Walmart is shutting down it's MP3 music store.

A lawsuit against Apple and several publishers over e-book price fixing is out there. This is one to follow since it's big, public, names a lot of people, is on a hot subject, and it touches lots of industries near and dear to we progeeks.

Anyonymous to take on Facebook in November? I dunno, but their statement does mention political issues which fits some current trends.

Social Media:
GroupOn-like Bloomspot gets $40 million in VC. $40 million for an imitation in an unsure market? Not sure here, that is a lot of money, but i'm not sure on the business model. Take this more as a reason to keep an eye on the GroupOn-like enthusiasm – it's not gone away.

Apple close to being the most valuable public company in the world. Just included because it's noteworthy.


Syfy, who's goal for years has been to confuse viewers, cancels Eurkea quite quickly and without much chance of resolution. Could this signal another change in their plans? An opening for a new show? Hell if I know, they're confusing me as usual.

Video Games:
Disney is strong, but its Interactive division lags. That division seems to always have trouble, but at least they have a lot of support.  I consider them quite viable as an employer, but would watch the Interactive division.

Uh-oh. THQ closed an Australian studio and eliminated a dev team in Phoenix. May want to be careful applying there for awhile.

QUESTION OF THE DAY: So what the hell is SyFy up to?

Steven Savage

  • Rob

    Who the hell knows what any company is up to anymore? SyFy, MTV, Discovery, A&E, History Channel – they all had clearly defined demographics but now are too busy chasing ratings at all costs. I stopped watching TV years ago and for the most part haven’t missed it (the few series I do watch I do via streaming or DVDs). Cord cutting has to come now.

  • Getting there myself, frankly. My household watches the Daily Show, Colbert Report, and Project Runway, plus a few other things. I’m tempted to kill cable myself as is.

  • Rob

    Unfortunately, I can’t completely detach myself from cable; Comcast is the only major broadband provider in my area, so I have to pay for a package. However, the setup has not been connected since day one and I don’t see that changing anytime soon.

  • Scott D.

    Syfy has the problem of being run by people who come from the parent network (NBC, formerly the Law & Order network) who understand police procedurals better than genre. They understand ratings. They don’t grok science fiction and fantasy, which are niche compared to traditional dramas and comedies, and thus don’t know how to market the genre.
    Walmart may have had a good idea with its MP3 store, but it has the baggage of being the chain that sells censored music CDs (radio edits only, please). Serious music buyers have ignored Walmart as a result, going elsewhere.