
It's been a tumultuous summer for DVR service TiVo, with a handful of court rulings that have sent the stock bouncing all over the place. The latest news is sending the stock down.
It's not surprising that there's yet another lawsuit claiming copyright infringement in the music industry. But it is surprising that this latest suit doesn't attack typical pirates, but companies that actually run paid online music subscription services.
The newspaper industry has been struggling to figure out compensate for declining ad revenues and monetize its content online. Gannett just announced plans to slash between 1,000 and 2,000 jobs, mostly from its local papers.
The idea to scan books and make them available online is intriguing, and it seems could ultimately help a struggling industry. But the question remains whether it's dangerous to put one company in control of so much information.
The media conglomerates are trading down today, off more than the Dow. One factor pulling them down is the Supreme Court's decision not to consider their appeal to challenge Cablevision Systems new DVR service.
Yes, it's totally gruesome to think about how Michael Jackson's estate and others will benefit from the King of Pop's death, but it's inevitable.
