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    Television Is the New Television

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      and digital vs. old media, 4, 40, 195

      and DoubleClick, 72

      income sources of, 26

      and search engine wars, 15–16, 53

      and sports, 181, 186

      and traffic gaming, 59

      and Yahoo, 16, 20

      and YouTube, 1, 96, 147–49, 151–55, 158, 160

      Google Chromecast, 110

      Google News, 33

      Greenfield, Richard, 96

      Grey, Brad, 2

      Guardian, The, 13

      Hastings, Reed, 92–93, 98, 142, 187

      HBO, 64, 95, 98, 100, 114, 117, 125, 126, 127, 130, 132, 171, 176, 177

      Hearst, 61, 116, 117

      Herzog, Doug, 2

      Hirschhorn, Jason, 95

      Hoffner, Jordon, 2

      Holt, Dennis, 48

      House of Cards, 94

      Huffington, Arianna, 11–12, 34, 58–59

      Huffington Post, The, 12, 18, 34, 58, 66, 189

      Hughes, Chris, 196–97

      Hulu, 5, 161

      Icahn, Carl, 130, 132

      information:

      bare minimum level of, 52

      branding, 52

      as currency, 32

      personalized, 157, 158

      real value of, 123

      sources of, 52

      surgical selection of, 51

      too much, 35–36

      transient nature of, 37

      wanting to be free, 123, 124, 167, 189–90

      intellectual property, 146–49, 194

      Internet:

      bundling, 177–78

      and cable, 125, 129, 130, 135

      free, 123, 124, 139–41

      moralistic intensity of, 191–92

      “net neutrality,” 138–44

      and OTT, 113

      publishing, 65–66

      and television, 91, 108, 111, 112, 139

      two-speed, 143

      and video, 26, 145, 159

      Internet protocol (IP), 92, 94, 109, 110–11, 134

      Jarvis, Jeff, 11

      Jobs, Steve, 101–4, 105

      Johansson, Scarlet, 2

      journalists, technology, 10–11, 13

      Kvamme, Mark, 2, 3

      Kyncl, Robert, 96

      Lauer, Matt, 21

      Lerer, Ken, 11, 12, 58

      Levinsohn, Ross, 20

      licensing formats, 119–20, 126

      LL Cool J, 2

      Loeb, Dan, 19–20

      magazines, 21, 56, 86, 104, 116

      attention demands of, 71

      CPMs, 52, 65, 66, 71–72, 73

      production and distribution costs, 71

      revenue sources, 48, 54, 115, 124

      space limitations of, 72

      Maker Studios, 154

      Mann, Michael, 2

      Martin, Laura, 175

      Mayer, Marissa, 20–21

      McCain, John, 174

      McConaughey, Matthew, 2

      McFee, Abigail, 27

      McLuhan, Marshall, 107

      media:

      advertising in, 18, 21, 52

      and Apple, 101–3

      audience for, 16–17, 40, 72

      bundling/unbundling, 171–78

      and consumer behavior, 12

      content costs of, 165–67, 189

      crossover executives in, 17, 20

      deal-making in, 93

      digital, see digital media

      disrupted paradigm of, 83

      as entertainment, 31, 85

      generation gap in, 13

      hierarchical business of, 11

      income sources for, 16

      licensing and distribution, 104

      low- vs. high-end, 85–88, 165, 187

      and marketing, 64

      mass, 39, 123, 195

      as narrative, 31, 67

      news outlets, 12, 18, 31–37

      new world market for, 85

      no-cost, 43

      ownership trade-offs, 126–27

      pirated, 146–49, 172

      quest for new medium, 12

      removing salesmen from, 76

      and scarcity premium, 72, 76

      and sports, 181–88

      streaming media devices, 109–10

      as television, 118, 121

      traditional, value of, 4, 71

      transformation of, 12–14

      user-supported content, 127–28, 147–49, 190

      as zero-sum game, 4, 23–24

      media brand, 51

      media business, 115–16

      media buyer, 48

      Microsoft, 16

      Microsoft Xbox, 110

      Milken, Michael, 11

      Milner, Yuri, 43, 160

      mobiles, 74, 102–3

      Moonves, Les, 9–10, 12, 97, 131–32, 135–36

      Morris, Kevin, 1–4

      movies, 115, 123, 124, 146

      MSN, 18, 33

      MTV, 126, 130

      Murdoch, Elisabeth, 119

      Murdoch, James, 61, 119–20

      Murdoch, Rupert, 103–4, 116–21

      music industry, 1, 101–3, 146–47, 172, 173–74

      Myspace, 20, 95, 117, 118

      Napster, 146, 147

      Nathanson, Michael, 25–26

      NBC, 130, 132, 143, 160, 185

      Netflix, 91–94, 97, 98–100, 139–40, 142–44, 155, 161, 169, 176, 177, 190

      “net neutrality,” 138–44

      Netscape, 39, 97

      New Republic, The, 196–97

      news:

      anchormen [-women] of, 35

      as branding device, 59

      declining value of, 34, 37, 168

      economic triage of, 33

      and elections, 59, 60

      lower-cost, 32, 33, 35

      media outlets for, 31–37, 58, 65

      monetizing, 64

      network, 35

      as public good, 32

      as reality, 31

      repetitive, 33, 36

      as storytelling, 31, 32

      ubiquity of, 34

      unprofitability of, 34, 35

      and Vice, 63–64

      News Corp, 20, 116, 117, 118

      newspapers:

      attention demands of, 71

      classified ads, 69, 115

      consolidation of, 116

      digital replacement of, 24–25, 167

      entertainment supplements, 34

      income sources of, 69, 124

      local retailers publicized in, 115

      nineteenth-century, 123

      personalized, 33, 36–37

      production and distribution costs, 71

      space limitations of, 72

      Web similarity to, 18, 33, 189

      New Yorker, 94–100

      New York magazine, 47, 48, 53, 61

      New York Times, The, 12–13, 27, 35, 63, 73, 78, 165, 166

      Nickelodeon, 95, 130

      Nintendo Wii, 110

      Oliver, John, 141

      OTT (over-the-top) content venues, 84, 94, 100, 108, 109, 111–14, 130, 161, 175, 176–77

      Outbrain, 53, 197

      Paley, William, 160

      Paramount Pictures, 2

      Peretti, Jonah, 53, 58–59

      pirated media, 146–49, 172

      Pittman, Bob, 126

      platform function, 93, 158, 161

      Politico, 189

      portal wars, 15

      POTS (plain old telephone service), 135

      programmatic buying, 73

      publishing:

      business of, 55, 56, 115

      Internet, 65–66

      print, 66, 172

      radio, 1
    15, 116, 124

      Redstone, Sumner, 121, 126, 147

      Reilly, Kevin, 2

      ReplayTV, 83

      Roberts, Brian, 10

      Rodman, Dennis, 64

      Rogers Communications, 65

      Roku, 109, 113

      Rubicon Project, 75

      Rutledge, Tom, 113

      Saffo, Paul, 96–97

      Sandberg, Sheryl, Lean In, 41

      Scripps Networks, 21–22

      search engine optimization (SEO), 51–53, 73

      search engine wars, 15–16, 51, 53

      Sears, Jay, 75–76, 80

      Semel, Terry, 17

      Sequoia Capital, 2

      Showtime, 98, 177

      60 Minutes, 64

      smart phones, 105–6, 110, 111

      smart TVs, 111, 113

      Smith, Ben, 23

      Smith, Shane, 62, 63–65

      Snyder, Gabriel, 197

      social media, 56–57, 62, 73, 158

      Sony PlayStation, 110

      Sorrell, Martin, 61, 99

      South Park, 64

      Spacey, Kevin, 94

      sports events, 85, 181–88

      Starz, 92, 93

      Stewart, Adam, 2

      Stone, Matt, 2, 4, 5

      storytelling, 16, 31–32, 152, 190, 191, 199

      Super Bowl, 23, 85

      Supreme Court, U.S., 112

      Swisher, Kara, 11

      tablets, 103–6, 111

      TCV, 61, 63

      telephone companies (telcos), 135, 140–41, 177

      television:

      advertising on, 24, 25, 40, 70, 79–80, 83–84, 99–100, 115, 119, 125, 129

      anti-television views, 39–40

      attention demands of, 71

      as box, 107–8, 111, 113–14

      broadcast, 108, 112, 132, 168

      and bundling/unbundling, 173–75

      cable networks, 95–96, 99–100, 109, 119, 124–25, 131–32, 139, 172, 184

      comparisons with, 39, 167, 191–92, 197–98

      and computers, 105, 108, 110, 111

      deadwood on, 19

      digital’s perceived threat to, 23, 25–27, 42–43

      as distribution channel, 28, 94

      entertainment, 111, 114, 190

      evolution of, 190, 197–99

      expanding, 94–96, 99–100, 107, 111–12, 120, 124, 132

      and Facebook, 157–62

      and family values, 191

      free, 123

      geographical organization of, 92

      golden age of, 172

      government regulation of, 137–38, 175

      HDMI port, 110

      income sources of, 24, 25, 28, 85, 93, 96, 99–100, 115, 117

      and Internet, 91, 108, 111, 112, 139

      licensing deals, 93, 97, 112, 126

      as model, 21, 28, 58, 59, 64–65, 99–100, 114, 118, 168, 198

      and Netflix, 91, 93–94

      networks, 47, 64, 80, 131

      pay for, 113, 124–28

      prime time, 79–81, 96

      profitability of, 4, 24

      programming schedule, 83, 114, 128

      ratings wars, 183

      reality, 111–12, 191

      as reborn industry, 96, 132, 191–92, 199

      share price multiple, 40

      smart TVs, 111, 113

      and sports, 181–88

      steady, old-fashioned nature of, 9–10, 24, 27

      and storytelling, 16, 190, 191, 199

      syndication, 96, 176

      undifferentiated inventory supply, 79

      value of, 85, 121, 198–99

      and video, 96–97, 98, 108–9, 141–42, 145–46, 152–55, 158, 165–69

      Thompson, Scott, 19

      Time Inc., 159

      Time Warner, 11, 61, 64–65, 116, 117, 119–21, 126, 130, 132, 159

      Time Warner Cable (TWC), 120, 130, 135–36, 143, 185

      TiVo, 83, 110

      traffic:

      aggregation methods, 18–19, 50–51, 59, 66, 190, 195–96

      audience as, 18–19, 49–53

      exchanges of, 53

      pumping, 73

      traffic arbitrage, 52, 66

      traffic loop aggregators, 73

      transcendence, 42

      transformation:

      inevitability of, 10, 12–13

      print to digital, 65–67

      as shell game, 66

      Tribune, 116

      True/Slant, 66–67

      Turner, Ted, 126, 127

      Turner Broadcasting, 117, 126, 127, 130, 132

      21st Century Fox, 61, 118–21, 126

      Twitter, 26, 33

      unbundling, 171–78

      utilities, 41–42

      Verizon FiOS, 97, 135, 177

      Viacom, 3, 116, 117, 118, 121, 126, 129, 130, 131, 147–49, 152

      Vice, 57–58, 61–65, 67

      video:

      ads on, 63, 158, 167

      amateur (cheap), 167

      and BuzzFeed. See Buzzfeed

      digital, 109, 139, 157–59, 169

      distribution, 136, 175

      on Facebook, 44, 158–62

      and Internet, 26, 140, 145, 159

      and IP connection, 111

      premium, 22, 159–60, 162, 167

      streaming, 96, 108, 110, 112, 133, 161, 168, 190

      and television, 96–97, 98, 108–9, 141–42, 145–46, 152–55, 158, 165–69

      and unbundling, 176–77

      upgrade to, 37

      and Vice, 62–64

      YouTube, 63, 145–49, 151–55, 158–60, 166–67

      Vidra, Guy, 197

      Warner Bros., 17, 117

      Washington Post, The, 189

      Web:

      and advertising sales, 71–72

      direct marketing on, 69–70

      falling ad prices, 70–71

      mass media of, 39

      and media formats, 17

      and news, 33

      open, 19

      potential of, 39

      as smorgasbord of choices, 18

      television compared with, 39, 71

      Web (cont.)

      traffic aggregation methods in, 18, 60, 66

      unlimited space in, 72, 73

      and user satisfaction, 18

      see also Internet

      WebTV, 105, 111

      Western Media, 48

      Wheeler, Tom, 175

      Wi-Fi, 110

      Wired, 13

      Wojcicki, Susan, 154–55

      Yahoo, 15–22, 169, 189

      Yahoo Japan, 19

      Yahoo News, 33

      YouTube, 1, 63, 64, 96, 139, 145–49, 151–55, 158–60, 166–67

      Zucker, Jeff, 12

      Zuckerberg, Mark, 5, 32, 37, 41, 44, 157, 188, 196–97

      Zuiker, Anthony, 2

      Zynga, 53

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