If the old media advertising economy is in the toilet, then its new media counterpart is sitting atop it. According to figures compiled by the Interactive Advertising Bureau, spending on Internet advertising in 2007 rose to $21.2 billion, up 26 percent from the prior year.
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As one of the original 13 colonies, you’d think that New York State would have a particular antipathy toward things like “taxation without representation.” And perhaps it does, just not when it’s the one doing the taxing.
The state recently passed a so-called Amazon Tax, a new law compelling out-of-state online retailers to start collecting New [...]
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The U.S. Justice Department has managed the impossible. It’s brought Howard Stern and Oprah Winfrey together under a single aegis.
This morning the DOJ approved the merger of satellite radio companies Sirius Satellite Radio (SIRI) (home to Stern) and XM Satellite Radio (XMSR) (home to Winfrey), a move that will create a satellite radio company with [...]
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It might be 100 billion times smaller than the first commercial radios, but the University of California at Berkeley’s nanoradio still sounds halfway decent through the right headphones.
Alex Zettl, a professor of physics at the university, has managed to construct a working radio out of a single carbon nanotube that’s about 10,000 times thinner than [...]
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Bear Stearns Internet analyst Robert Peck is apparently taking the same cold medicines former Wall Street analyst Henry Blodget favors, just not in the same massive quantities.
Earlier this week Blodget–who in 2006 was laying out scenarios for a massive contraction in Google’s price–suggested the company’s shares might someday trade at $2,000. “Remember a couple years [...]
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If things continue as they are, the Buggles may have to re-record their 1979 New Wave masterpiece with a new lyric: “Imbeciles Killed the Radio Star.” Thousands of Internet radio stations went quiet today in observance of a “Day of Silence” organized to protest a catastrophic increase in royalty rates that threatens to cripple Internet [...]
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It’s criminal. Anyone at any time can simply turn on a radio and hear a copyrighted song. Making matters worse, these radio stations often play the best, catchiest song off the album over and over until people get sick of it. Where is the incentive for people to go out and buy the album?”
–RIAA President [...]
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