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	<title>New Media Economist &#187; Business</title>
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	<link>http://newmediaeconomist.com</link>
	<description>because the times, they are a-changin'</description>
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		<title>One Little Change</title>
		<link>http://newmediaeconomist.com/2008/10/one-little-change/</link>
		<comments>http://newmediaeconomist.com/2008/10/one-little-change/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 19:46:31 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Distribution]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[donationware]]></category>
		<category><![CDATA[hollywood]]></category>
		<category><![CDATA[kiva]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[poetry]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[radiohead]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=249</guid>
		<description><![CDATA[With all the changes happening in the market today, we often get into the mindset that we need to completely change the game in order to compete. Much of this is rebellion against the traditional way of doing things. Much of this is a survival method for artists who feel they won&#8217;t get noticed unless [...]]]></description>
			<content:encoded><![CDATA[<p>With all the changes happening in the market today, we often get into the mindset that we need to completely change the game in order to compete. Much of this is rebellion against the traditional way of doing things. Much of this is a survival method for artists who feel they won&#8217;t get noticed unless they do something completely groundbreaking. And much of this is from people who just aren&#8217;t sure what the best way to market their work is. But we lose sight of the fact that in reality, often times you only have to change <em>one little thing</em> in order to change the game.</p>
<p><span id="more-249"></span><span style="color: #000000; text-decoration: none;"><a href="http://newmediaeconomist.com/2008/07/why-do-artists-still-peddle-their-cds/">I m</a></span><a href="http://newmediaeconomist.com/2008/07/why-do-artists-still-peddle-their-cds/">ade a post</a> a while back expressing my frustration with the hoards of people in Hollywood who attempt to peddle their rap albums to innocent passersby, often aggressively, and generally unsuccessfully. Not only is it just not a great way to sell your album, but it&#8217;s a horribly saturated market. I have never once been to that part of Hollywood without seeing tons of people doing so.</p>
<p>Anyways, the other day I was back in that area, once again being bombarded by the same.</p>
<p>Except for <em>one guy</em>.</p>
<p>This was a very nice guy, an immigrant who would very kindly tell his story to anyone who would listen. He was selling not a rap album, but a book of his poetry. They were actually quite good, and he was selling them for a mere $2. Furthermore, he would let anyone interested read several pages before deciding whether or not they wanted it. It was totally refreshing.</p>
<p>I bought the book. So did a lot of other people around me. I&#8217;m not even into poetry, but his story was so captivating and his approach so good-natured that I felt compelled to support him and his work. Is he just a damn good salesman? Maybe. Is his work any better than anyone else&#8217;s? Maybe not. But that&#8217;s the point. We&#8217;re talking about marketing.</p>
<p>And that&#8217;s when I got to thinking &#8212; by changing just a few simple things, this man was able to transform a market that I hate and generally avoid, into a successful sale, for not only me, but for the others I saw around me who did the same. Instead of having to create your own market somewhere, it is still quite possible to form your own niche within an existing market, so long as you have something new to offer.</p>
<p>This is also interesting and related to new media because the methods he used were the same methods often being used by web startups and indie record labels. Try before you buy. Sell something with a story rather than aggression. Oh, and lower prices don&#8217;t hurt either.</p>
<p>In the age of <a href="http://en.wikipedia.org/wiki/Donationware">donationware</a>, &#8220;<a href="http://www.time.com/time/arts/article/0,8599,1666973,00.html">pay what you want</a>&#8221; capitalism, and in a world where you can <a href="http://kiva.org/">profit while helping developing nations</a> at the same time, it is increasingly making more and more sense to not just carve out a whole new market, but just change your approach. Focus on the customer rather than your wallet, because in the end, your wallet will end up happier too anyway.</p>
<p>One little change. It costs a lot of money to change target markets, change distribution avenues, or change how you build your products. But it won&#8217;t cost much at all to start listening to your customers instead of yelling at them; to give your product a story and a face rather than just a price tag. And more and more, while much of it is subconscious, the masses are choosing to go where they get the best quality of service rather than just who provides the product they want.</p>
<p>Whether it&#8217;s one main selling poetry on Hollywood Boulevard or a production company trying to create content for the 21st century, the same principles apply. Make use of them. You&#8217;ll be better off.</p>
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		<title>Whither the Music Video?</title>
		<link>http://newmediaeconomist.com/2008/10/whither-the-music-video/</link>
		<comments>http://newmediaeconomist.com/2008/10/whither-the-music-video/#comments</comments>
		<pubDate>Tue, 21 Oct 2008 08:34:47 +0000</pubDate>
		<dc:creator>Brian Firenzi</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Music]]></category>
		<category><![CDATA[coldplay]]></category>
		<category><![CDATA[Fuse]]></category>
		<category><![CDATA[Gondry]]></category>
		<category><![CDATA[guitar hero]]></category>
		<category><![CDATA[mtv]]></category>
		<category><![CDATA[napster]]></category>
		<category><![CDATA[Paramore]]></category>
		<category><![CDATA[Soulja]]></category>
		<category><![CDATA[torrent]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Weezer]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=241</guid>
		<description><![CDATA[Before I begin, I should acknowledge that &#8220;Whither the Music Video&#8221; is not a complete sentence, yet has come to gain legitimacy through years of misuse in cool titles for articles about the sorry state of [insert dying/in-transition art form].
Branching off of Dan&#8217;s recent entry re: Coldplay&#8217;s videos, it seems to me that this has [...]]]></description>
			<content:encoded><![CDATA[<p>Before I begin, I should acknowledge that &#8220;Whither the Music Video&#8221; is not a complete sentence, yet has come to gain legitimacy through years of misuse in cool titles for articles about the sorry state of [insert dying/in-transition art form].</p>
<p>Branching off of Dan&#8217;s recent entry re: Coldplay&#8217;s videos, it seems to me that this has been the sad standard for some time now. The more artists that leave record labels to galvanize their own fan bases however they see fit, the more that the task of the music video falls into the hands of a friend or assistant who records some blandly candid backstage footage, which more often than not winds up buried in the band&#8217;s MySpace page. And even when the suits do throw a little Thanks-For-Not-Doing-Heroin-This-Era money at their bands, the videos just look like the same low-budjy turds, only polished. Shake the camera a lot to cover up the lack of a set, overexpose to cover up the lack of a set, pack the thing with tight close-up shots of the singer&#8217;s face to cover up the&#8230;well, you get it.</p>
<p><span id="more-241"></span></p>
<p>What&#8217;s it worth anyway, when these days the largest window you&#8217;ll ever see the video play on is about the size of a burrito?</p>
<p>But it&#8217;s not just the money disappearing or the format changing. The faith has been lost, if only temporarily, in the power of a music video to brand a new artist or transform an established one&#8217;s perception. Maybe people collectively think of music as a barrage of emotion-information, instantly available and meant to be processed at speeds approaching ADHD, but that&#8217;s a little cynical. My guess is that, now, always and forever, people only get out of music what they put into it: They can tire of a hit single after digesting the catchy hook enough times and move on quick, but should they choose to really apply what a group&#8217;s saying to their life experiences, they connect with it more and start looking up show dates or blow all $25 of their remaining retirement savings on the hoodie.</p>
<p>See, it used to be enough to buy the record on the release date and throw a listening party with your like-minded friends. But I think the era of the more passive listener now has to share room with the new breed of consumer, who wants to vote for the next American Idol, who wants to download the song on Guitar Hero and interact with the chords, who wants to chop and screw their own versions of the song/video and put it online for their friends/one guy in Michigan who hates it/family to see.</p>
<p>As expected, the next wave of artists, bred to appeal to the next wave of young fans, are establishing that kind of interactive presence. Soulja Boy is a self-made man and Paramore lent their name to promotional segments for the Rock Band launch &#8211; as seen, coincidentally, on TRL, a once-humongous music video show soon to be cancelled. (Unfortunately, Paramore, your rock advice to video-game band Carrie Me Home was in vain! Muahaha.) Bang Camaro, in a daring bastardization of the last bastion of musical integrity, invites members of the audience to come onstage and sing all the lyrics to their songs, the clearest synthesis of Artist and Consumer there is. Of course, that kind of sharing has been going on since Green Day was first putting their fans on bass in packed stadiums, but never before has the presence of the audience been invited to <em>overtake</em> the identity of the band with oppressive gang vocals.</p>
<p>Remember when bands used to get pissed at your for stealing the spotlight by stage-diving? Not anymore. They really need you to like them these days.</p>
<p>Twenty-somethings see hardly any of the bands they grew up with getting promoted (except maybe Weezer, which continues to produce the sound of an empty pistol clicking against their collective temple, album after album). The reason: We had our chance to absolve a long time ago when the labels successfully ass-punished Napster. Instead we retreated into the untold glories of Morpheus, Bearshare, Limewire, and other P2Ps, because we seriously, seriously thought <em>music should be free all of a sudden.</em> So with radio all but dead and the industry moving on to new, youth-skewing forms of promotion, we&#8217;re left to our own devices and the blogs of many a well-meaning hipster to figure out what the hell we want to listen to next &#8211; oh, and this new bone we&#8217;re getting thrown in the form of iTunes&#8217; Genius App and Pandora. Not sure how those will work or evolve yet.</p>
<p>Point is, it&#8217;s all about the next demo now, and the next demo doesn&#8217;t care about music videos. They only knew them as Disney Channel commercials, or as locations for singers&#8217; boyfriends to hang out and wind up in the gossip pages of OK! Their relevance has diminished because the community that once touted videos as art (that&#8217;s us if you&#8217;re not keeping track) dove into torrents and ditched the support of artists to save cash on their albums &#8211; and visionaries like Spike Jonze and Michel Gondry gotta eat too, so any ambitious, creative voices simply traded up for film or went home.</p>
<p>Those and similar video directors&#8217; collected works stand, in my opinion, as the last great gasp of music videos, an important series of artifacts that occupy the screen at dorm room parties as a reminder of how we used to process the identities of bands we liked and how, even in the act of commerce, they could excel at art. It&#8217;ll take a lot more than the next set of fresh video ideas to bring it back; we&#8217;re going to need to come to the conclusion as a generation that we ourselves are not nearly as clever or talented at interpreting music for ourselves as we currently think we are, and that we need both the help of the directing wunderkinds to do it and the labels to put it in front of our faces enough times.</p>
<p>So essentially, we&#8217;d have to get over ourselves and spend money doing it. Yeeeah. That&#8217;ll happen.</p>
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		<title>Being Your Own Brand Can Get You Into Trouble</title>
		<link>http://newmediaeconomist.com/2008/09/being-your-own-brand-can-get-you-into-trouble/</link>
		<comments>http://newmediaeconomist.com/2008/09/being-your-own-brand-can-get-you-into-trouble/#comments</comments>
		<pubDate>Tue, 02 Sep 2008 03:47:17 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[image]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[persona]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=216</guid>
		<description><![CDATA[Gary Vaynerchuk may have proudly declared that you are your own brand, but it is important to realize this is a double-edged sword. Use your personal image for your brand, and you can get a lot of attention and be recognized personally for your business accomplishments. But if you find yourself sacrificing quality for money, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://en.wikipedia.org/wiki/Gary_Vaynerchuk">Gary Vaynerchuk</a> may have proudly declared that <a href="http://www.viddler.com/explore/richschefren/videos/50/">you are your own brand</a>, but it is important to realize this is a double-edged sword. Use your personal image for your brand, and you can get a lot of attention and be recognized <em>personally</em> for your business accomplishments. But if you find yourself sacrificing quality for money, as many companies need to do at one time or another, your own image and reputation could be at stake.</p>
<p><span id="more-216"></span>Glenn Wolsey is a young <a href="http://www.glennwolsey.com/">blogger</a> from New Zealand who has gained quite a following with his own blog and web show, as well as <a href="http://www.desktopvibes.com/">Desktop Vibes</a> and various projects he works on. I have personally worked with him. But lately, his reputation on the internet is slowly being chipped away at, due to the very dilemma many of us have &#8212; mixing your personal life with business.</p>
<p>Already having public relations issues thanks to <a href="http://www.applegazette.com/mac-heist/malcor-was-a-hoax-did-the-mac-heist-team-go-too-far/">a failed practical joke</a> and the absence of good content on his site (a problem I myself battle, I will admit), now would be the correct time for him to take a look at his image &#8212; his <em>brand</em> &#8212; and take the measures necessary to restore it.</p>
<p>How has he done this? Well, after spending a couple months writing relatively off-topic blog entries to keep his content stream flowing, he has used his personal blog <a href="http://www.glennwolsey.com/2008/08/27/joining-the-coolspotters-crew/">to plug a celebrity website</a> he now works for.</p>
<p>It&#8217;s by far the longest entry he&#8217;s written in a while. The worst part about it is that it is misleading. Rather than explaining that he works for them, he makes the post sound as if he just &#8220;stumbled upon&#8221; this celebrity website and loves it. Only after his readers [rightfully] get upset about this does he admit it and address the fact that he is now employed by them. (He does <a href="http://coolspotters.com/glenn">quite a lot</a> there, it seems.)</p>
<p>There&#8217;s a lesson here, folks, and that&#8217;s what I&#8217;m attempting to get at. We&#8217;ve all been in situations where we need money or a career advancement, and it requires doing some&#8230; interesting jobs. Hell, I work in Hollywood, I know a thing or two about working less-than-noble jobs for less-than-noble people.</p>
<p>The problem with Glenn&#8217;s situation is that his company and his persona are one and the same. If his personal blog becomes known for garbage, then Glenn himself becomes known for garbage. And since that reputation is personal, it transcends the blog itself. Any new endeavor that Glenn might undertake or become apart of will be painted with the same brush. It is a situation from which a person might never recover.</p>
<p>Of course, the celebrity website knew this before hiring him. They probably said to themselves, &#8220;Hmm, this kid already has people watching him. Instead of building our brand from scratch, why not get a leg-up by <em>buying</em> this kid&#8217;s audience?&#8221; It can be a smart business move. It&#8217;s just not good for the potential employee.</p>
<p>The moral failure occurred when Glenn accepted, and allowed himself &#8212; and all his projects &#8212; to become the face of something that his readers and fans don&#8217;t give a damn about.</p>
<p>The problem is not that he works for a celebrity site. I certainly would if they paid me enough. The problem is that he was willing to sacrifice the online persona that we know of him &#8212; his website, <a href="http://twitter.com/GlennWolsey/statuses/906206053">his Twitter account</a> &#8212; in order to become the public face of this new endeavor. He is not merely working for them. He is transforming his image into theirs.</p>
<p>Please, Glenn, fix this before it&#8217;s too late.</p>
<p>And to those of you getting into the new media world, don&#8217;t sacrifice your own image. Because in a world where your business, your image, and your persona can essentially be the same thing, you only have to destroy one to destroy them all.</p>
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		<title>The RippleTV Effect</title>
		<link>http://newmediaeconomist.com/2008/08/the-rippletv-effect/</link>
		<comments>http://newmediaeconomist.com/2008/08/the-rippletv-effect/#comments</comments>
		<pubDate>Mon, 18 Aug 2008 18:31:56 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[danoo]]></category>
		<category><![CDATA[local]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[rippletv]]></category>
		<category><![CDATA[targeted]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=47</guid>
		<description><![CDATA[The current leader of the retail-advertising-via-plasma-television market (do we have a better name for this yet?) appears to be RippleTV, an El Segundo-based company that has over 1500 locations nationwide, with the largest concentration of displays located here in Los Angeles.
While they certainly have more of the local market than Danoo, a competing company I [...]]]></description>
			<content:encoded><![CDATA[<p>The current leader of the retail-advertising-via-plasma-television market (do we have a better name for this yet?) appears to be <a href="http://www.rippletv.com/">RippleTV</a>, an El Segundo-based company that has over 1500 locations nationwide, with the largest concentration of displays located here in Los Angeles.</p>
<p>While they certainly have more of the local market than <a href="http://www.danoo.com/">Danoo</a>, a competing company I have <a href="http://newmediaeconomist.com/2008/07/do-you-danoo/">previously written about</a>, their choice of locations is just such that I haven&#8217;t run into them as often. Until they invaded my favorite coffee shop.</p>
<p><span id="more-47"></span>A couple weeks ago, I strolled into a <a href="http://coffeebean.com/">Coffee Bean &amp; Tea Leaf</a>. After ordering my drink, I attempted to get on the wifi, which was previously a paid service through AT&amp;T.</p>
<p>Except this time, it wasn&#8217;t. I opened my browser and was brought to a page that said my internet here would be totally free &#8212; all I had to do was go look at the RippleTV screen across the room, find the small number in the corner of it, return to my computer, and enter it into the browser. Only then would I be able to get online.</p>
<p>Genius? Annoying? Both, I think. I&#8217;m not a big fan of services that are free because they force you to do something else first that <em>could</em> earn them money, but then again, it wasn&#8217;t so bad. I just had to go look at a TV screen for a minute.</p>
<p>RippleTV seems to present a pretty good variety of news, events, and some targeted advertising. I haven&#8217;t spent a lot of time around one yet &#8212; just the hour or so I was at the coffee shop &#8212; but at first glance I did notice that the information seemed to be <em>less</em> targeted and precise as Danoo&#8217;s but <em>more interesting</em>, and with a prettier interface. I enjoyed glancing at RippleTV a lot more, but I can&#8217;t say with any certainty that it informed me of anything I might actually want to pay for.</p>
<p>But since I practically live in one of many Coffee Bean locations, they will get their chance.</p>
<p>According to <a href="http://www.rippletv.com/ripple/nationalmap">their website</a>, they have 180 locations in the Los Angeles area, with many other locations spread pretty nicely across the country. As I&#8217;ve been saying, it will be very interesting to see just how fast these types of services grow, as well as how useful to the public they are &#8212; and thus, how profitable the advertising segment will be for them.</p>
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		<title>Self-Distribution: Might as Well Touch the Third Rail</title>
		<link>http://newmediaeconomist.com/2008/08/self-distribution-might-as-well-touch-the-third-rail/</link>
		<comments>http://newmediaeconomist.com/2008/08/self-distribution-might-as-well-touch-the-third-rail/#comments</comments>
		<pubDate>Fri, 15 Aug 2008 19:33:13 +0000</pubDate>
		<dc:creator>Brian Firenzi</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Distribution]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[TV/Film]]></category>
		<category><![CDATA[bottle shock]]></category>
		<category><![CDATA[dvd]]></category>
		<category><![CDATA[premiere]]></category>
		<category><![CDATA[self-distribution]]></category>
		<category><![CDATA[theatrical]]></category>
		<category><![CDATA[third rail]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=72</guid>
		<description><![CDATA[A good way to watch your company die is to bite the hand that feeds you. In order to protect my integrity as a lowly bit player in this industry, I will change the names of the offending parties to which I refer.
The Bleinstein Company, no stranger to disappointing revenue, now plumbs its reputation as [...]]]></description>
			<content:encoded><![CDATA[<p>A good way to watch your company die is to bite the hand that feeds you. In order to protect my integrity as a lowly bit player in this industry, I will change the names of the offending parties to which I refer.</p>
<p>The Bleinstein Company, no stranger to disappointing revenue, now plumbs its reputation as a champion of independent cinema and the voices behind them in press releases for their DVD distributions banner, Third Rail Releasing (not an offending party). That reputation, however, was earned back when the Bleinsteins ran Bliramax. Now, with their chips relatively down and no Oscar prospects on the foreseeable horizon, they’re quick to regard their straight-to-DVD acquisitions as mere cash grabs, and Third Rail’s work as &#8220;<a href="http://www.cinematical.com/2008/07/21/harvey-weinstein-explains-why-he-dumps-movies/" target="_blank">a good way of differentiating between what we really believe in, and what has been for ancillary value.</a>&#8221;</p>
<p>I am quick to respond.</p>
<p><span id="more-72"></span>Look, I get it. Every burgeoning outlet for struggling independent filmmakers gets laughed at, almost as a point of necessity. Most people who watch movies on their iPhone aren’t necessarily quick to admit it. A Craigslist post looking for editors on a “dramedic web series set in high school circa 1980” is like the professional kiss of death to smug freelancers. We remain in love with the thought of a theatrical premiere. You won’t find searchlights and red carpets at Mooviez4Phree.com, or near the monitors of an upscale Starbucks. You’ll just find eyeballs, watching your work for what it is. And who wants that, since everyone’s a comment box critic these days, and meaner too? I’ll take Michael Rosenbaum, Jan Stuart and J. Hoberman, thank you.</p>
<p>Those who are opposed to their life’s work beaming out of unvarnished digital screens to a crowd of disinterested Chipotle victims (and one or two attentive young viewers in the back) have taken to self-distribution, a method so fantastically rebellious and astonishingly ill-advised that it just might work…that is, if you have a cast that includes Alan Rickman, Bill Pullman and Eliza Dushku. Not to slight the makers of <em>Bottle Shock</em>, the film which I reference and haven’t even seen, but casting Severus Snape and the president from <em>Independence Day</em> can’t help but grease the wheels at a few LA art houses here and there. If director Randall Miller settled for faceless, summer stock mannequins instead, I would think it hard just to finance a living room screening in Des Moines.</p>
<p>But that’s another rant devoted to the commercialization of indie film. It must be said: the accomplishment involved in designing, approving, and financing the rollout of your own film is genuinely impressive.</p>
<p>However, it seems the drive to do that stems from the disgust indie filmmakers nurture by falling in love with their art, to the point that they can’t stomach releasing their baby through DVD outlets or streaming it for ad space pennies. The way I see it, if you have a property so genuine, exciting and fresh, there’s no harm in opening the source and letting Netflix vultures eat it up like so much carrion. I’m not suggesting one has to devise the killer business model and direct the best movie they can at the same time, but even if it just means piggybacking your way into Old Media, the first person to approach new methods of distribution with confidence and swagger is going to make a killing. My worry is I won’t get the script for my violent barbarian action flick ready in time to be at the frontline.</p>
<p>Third Rail, you know my name.</p>
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		<title>iPhone App Store is a Big Win for New Media</title>
		<link>http://newmediaeconomist.com/2008/07/iphone-app-store-is-a-big-win-for-new-media/</link>
		<comments>http://newmediaeconomist.com/2008/07/iphone-app-store-is-a-big-win-for-new-media/#comments</comments>
		<pubDate>Sat, 12 Jul 2008 05:19:16 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[apple]]></category>
		<category><![CDATA[iphone]]></category>
		<category><![CDATA[nyt]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=28</guid>
		<description><![CDATA[As most of you may know, the long-awaited iPhone 3G was released today, with much fanfare, long lines, and a painful activation process. Once mine was fully operational, I headed straight for the App Store, which is where iPhone owners can [finally!] download and install programs, both free and commercial. The thing that surprised me [...]]]></description>
			<content:encoded><![CDATA[<p>As most of you may know, the long-awaited <a href="http://www.apple.com/iphone/">iPhone 3G</a> was released today, with much fanfare, long lines, and a painful activation process. Once mine was fully operational, I headed straight for the <a href="http://www.apple.com/iphone/appstore/">App Store</a>, which is where iPhone owners can [finally!] download and install programs, both free and commercial. The thing that surprised me the most when looking at the list of available applications was the amount of new media integration &#8212; and the amount of large companies that are finally getting aboard the new media train.</p>
<p><span id="more-28"></span>Most of the iPhone apps come as absolutely no surprise. Applications such as <a href="http://iconfactory.com/software/twitterrific">Twitterific</a>, <a href="http://dashboard.aim.com/aim">AIM</a>, and <a href="http://www.facebook.com/">Facebook</a> have all been givens since day one. But when <a href="http://www.nytimes.com/">The New York Times</a> rolled out a gorgeous news application on the first day of iPhone availability, that was a sign that the big boys are indeed watching.</p>
<p>Oh, and did I mention that their news application is completely free and ad-supported?</p>
<p><a href="http://mlb.mlb.com/">MLB.com</a> is also on board with an application that gives you real-time stats and scores for all major league baseball games. They are selling this application for $4.99, which I originally thought was a bad idea, but apparently I was wrong &#8212; at the time of this writing, it is the second most purchased iPhone application.</p>
<p>Other iPhone applications by companies and organizations generally a little late to the new media game include those done by Disney, NYC Transit, AOL, Bank of America, Bloomberg, and eBay, to name a few. I&#8217;m sure hundreds more are in the works.</p>
<p>One thing we can say for sure about the iPhone is that its popularity encourages companies large and small to support its platform. And once companies start being able to measure the success and popularity of their applications, this trend will spearhead a wave of new media innovation that encompasses all sorts of markets. I can&#8217;t wait.</p>
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		<title>Do You Danoo?</title>
		<link>http://newmediaeconomist.com/2008/07/do-you-danoo/</link>
		<comments>http://newmediaeconomist.com/2008/07/do-you-danoo/#comments</comments>
		<pubDate>Wed, 09 Jul 2008 21:51:49 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[danoo]]></category>
		<category><![CDATA[la]]></category>
		<category><![CDATA[plasma]]></category>
		<category><![CDATA[targeted]]></category>
		<category><![CDATA[tv]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=26</guid>
		<description><![CDATA[Today, while at Hollywood &#38; Highland, I stopped into the Green Earth Cafe to get a Caesar salad and noticed the plasma television mounted behind the counter. Powered by a company and service called Danoo, the television was performing a task that I&#8217;ve often predicted would be on the rise &#8212; showing activities and events [...]]]></description>
			<content:encoded><![CDATA[<p>Today, while at <a href="http://hollywoodandhighland.com/">Hollywood &amp; Highland</a>, I stopped into the Green Earth Cafe to get a Caesar salad and noticed the plasma television mounted behind the counter. Powered by a company and service called <a href="http://www.danoo.com/">Danoo</a>, the television was performing a task that I&#8217;ve often predicted would be on the rise &#8212; showing activities and events within close proximity to the cafe, and outputting highly targeted advertising.</p>
<p><span id="more-26"></span>Services like this have been cropping up all over the place, but Danoo appears to be unique in a couple different ways. First off, it appears to be a widespread system, available in many locations around the country. This is interesting because as of yet, most retailers I&#8217;ve seen attempting to integrate a service like this have been trying to operate their own unique service, and encountering a lot of problems along the way.</p>
<p>But the part that I find more interesting is that Danoo strikes individual contracts with smaller, independent cafes and shops around the country as opposed to larger, singular contracts with chains. I like this idea because it is giving independent businesses the ability to keep up with the larger companies by offering this cutting-edge service, as well as letting them secure some revenue by letting them into the massive targeted advertising business before their competitors do.</p>
<p>Here in Los Angeles, there are quite a few places already that provide this service. I&#8217;m curious to hear from readers if things like this are cropping up in other parts of the country as quickly as they seem to be doing so here.</p>
<p>This market is going to become the absolute biggest thing in advertising, and smart plasma televisions are just the beginning.</p>
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		<title>Newspapers Still Don&#8217;t Get It</title>
		<link>http://newmediaeconomist.com/2008/06/newspapers-still-dont-get-it/</link>
		<comments>http://newmediaeconomist.com/2008/06/newspapers-still-dont-get-it/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 20:46:31 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Print]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[newspaper]]></category>
		<category><![CDATA[oc]]></category>
		<category><![CDATA[outsource]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=20</guid>
		<description><![CDATA[A few days ago, it was announced that the Orange County Register will be outsourcing some of their editing to India. This, of course, is one of the dumbest things a newspaper has done in a while. (Outsource editing of the English language to a non-English speaking mass of people?) But beyond that, it is an [...]]]></description>
			<content:encoded><![CDATA[<p>A few days ago, it was <a href="http://www.businessweek.com/ap/financialnews/D91GQIK80.htm">announced</a> that the <a href="http://www.ocregister.com/">Orange County Register</a> will be outsourcing some of their editing to India. This, of course, is one of the dumbest things a newspaper has done in a while. (Outsource editing of the English language to a non-English speaking mass of people?) But beyond that, it is an example of how truly the newspaper industry just doesn&#8217;t understand new media. The Orange County Register, of all papers, should be best poised to make good in this new economy, but as we can see, this is not what is happening.</p>
<p><span id="more-20"></span>What do I mean by this? Well, first off, the Register is in <em>Orange County</em>, which is small but very wealthy. This demographic should be easy to market to with new media. When everyone and their mom (quite literally, in some parts of the county) has an iPhone, a BMW, and a very fast computer, the possibilities are endless on how to integrate new media with your product. Not to mention the fact that given the size and very specific (homogenous?) demographic of the area, the paper could almost be considered a niche product in a niche market, and thus open to a whole new world of targeted advertising and such, if they would only glance at the road ahead.</p>
<p>The Orange County Register is not the only newspaper afflicted with the pain of shrinking sales and the lack of foresight to do anything about it. But given the circulation and demographic, if any newspaper should be able to solve this problem with relative ease, it should be the Register. If they can&#8217;t figure it out, what chance do any of the larger papers have?</p>
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		<title>One Future of Record Labels: Marketing Agencies</title>
		<link>http://newmediaeconomist.com/2008/06/one-future-of-record-labels-marketing-agencies/</link>
		<comments>http://newmediaeconomist.com/2008/06/one-future-of-record-labels-marketing-agencies/#comments</comments>
		<pubDate>Fri, 27 Jun 2008 02:13:45 +0000</pubDate>
		<dc:creator>Daniel Hollister</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Music]]></category>
		<category><![CDATA[agency]]></category>
		<category><![CDATA[artist]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[label]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[record]]></category>

		<guid isPermaLink="false">http://newmediaeconomist.com/?p=18</guid>
		<description><![CDATA[Everyone loves to talk about the death and the demise of record companies, as if they&#8217;re all going to curl up and die today, returning the power back to the artist. Personally, I think this is a load of crap. While certainly the record industry is in decline and huge changes to be made, none [...]]]></description>
			<content:encoded><![CDATA[<p>Everyone loves to talk about the death and the demise of record companies, as if they&#8217;re all going to curl up and die today, returning the power back to the artist. Personally, I think this is a load of crap. While certainly the record industry is in decline and huge changes to be made, none of those changes will involve the death of all the major record labels. There are, however, some interesting possibilities for the future of the industry, and I will present one of my theories for you now.</p>
<p><span id="more-18"></span>Why won&#8217;t the record labels die? Well, one good reason is that bands <em>like</em> a lot of the things labels do. Consumer advocacy groups, pirates, lawyers, and other sorts of interesting people have brought a lot of attention towards the fact that the record labels do many evil things. But at the same time, they do a lot of things that bands can&#8217;t easily live without.</p>
<p>Musicians want to make music, and most of the time, it really is that simple. That is what they want to do. They do not generally want to also be their own managers, negotiators, producers, web developers, graphic designers, audio engineers, merchandisers and accountants. This is where the record labels come in. They handle all that stuff and let the artist be the artist.</p>
<p>Do the record labels need to change? Yes. Of course. But let&#8217;s not throw the baby out with the bath water. There are a lot of things the labels do that artists need.</p>
<p>And that brings me to my theory, one that I am personally betting in, as I am considering getting into this market myself. I call this article one future of record labels because in the future, there are going to be many different options for artists to choose from. But I predict that this will be one of them. I predict that a new sort of marketing agency is going to emerge to handle all of the things a record label currently handles for artists, but while conducting business differently.</p>
<p>This new sort of marketing agency would have the resources and talent to produce records, book shows, design and sell merchandise, and handle all the business stuff. But unlike the current balance of power, the marketing agency would be <em>hired by the band</em> in exchange for some percentage of the band&#8217;s income. Maybe something like 20%.</p>
<p>In the end, this could change the whole industry for the better. Bands would no longer be screwed out of money in record contracts. They could still provide creative input for how they would like their records/websites/artwork to turn out. (In fact, they could <em>fire</em> the marketing agency if they did not do a good enough job.) Yet, they&#8217;ll still end up with quality results, as the work will have been done by creative professionals who specialize in what they do.</p>
<p>In fact, I would bet the quality would be <em>higher</em> than what comes out of record labels currently, because there would be more of an incentive to do well once their commission was determined by how well the band does in the marketplace.</p>
<p>Furthermore, this could be a very profitable endeavor for the marketing agencies. Taking a commission could seem like risky business, but in fact, if you worked with enough artists, the money would be more than enough to turn a nice profit&#8230; especially if you do a good job.</p>
<p>So that&#8217;s my theory. Time will tell whether or not I am right.</p>
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