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Current DateTime: 07:50:31 10 Feb 2012
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Current DateTime: 07:50:31 10 Feb 2012
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    • Big Media Names Report Earnings 

        Sirius, Linkedin and Activision will report earnings. So are the stocks hot or not? CNBC's Julia Boorstin & John Carney weigh in.

    • Cisco & News Corp Report Earnings 

        CNBC's Jon Fortt; Shaw Wu, Sterne Agee; and Mark Sue, RBC Capital Markets, discuss Cisco's latest earnings. Also, the update on News Corp's earnings, with CNBC's Julia Boorstin.

    • News Corp Earnings Review 

        Rupert Murdoch just made some big progress in its hacking scandal, which will minimize the embarassing details shared in court, reports CNBC's Julia Boorstin.

    • The Trade on Sprint & Disney Update 

        The Fast Money crew with the trade on Sprint, ahead of its Q4 earnings. Also, CNBC's Julia Boorstin has an update from Disney's conference call, as well as the outlook for ad revenues.

    • Disney Conference Call Update 

        CNBC's Julia Boorstin has the latest details from Disney's conference call, reporting attendance is up at the theme parks, and the company will launch a new broadcast channel in Japan next month.

    • Disney's Iger on Q1 Results 

        Robert Iger, Walt Disney president & CEO, explains how the current quarter is trending in ad sales and parks bookings, with CNBC's Julia Boorstin and Maria Bartiromo.

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Current DateTime: 07:50:31 10 Feb 2012
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What's Happening In Virtual Worlds?

Published: Thursday, 4 Sep 2008 | 10:39 AM ET
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By: Julia Boorstin
Correspondent

Virtual Worlds Expo
Virtual Worlds Expo

The Virtual Worlds Expo is well underway in Los Angeles, companies using the event as a platform to make announcements about their companies. Second Life, arguably the most prominent player in the space, with nearly 15 million registered users, is announcing a new voice-driven instant messaging technology so avatars in the virtual world can communicate without lifting a finger.

Vollee, a 3G streaming services provider is announcing some milestones for its Second Life mobile application: it's been downloaded by users in over 98 countries across more than 253 mobile operators' networks, and it only launched in June. Wow, I guess these virtual worlds really are global.
The head of Disney [DIS  Loading...      ()   ]Online Studios, Steve Parkis, took the stage for Wednesday's keynote. Parkis revealed specifics on this month's launch of Disney Fairies Pixie Hollow virtual world -- it's in beta but will go live by the end of the month. He also gave some more details on the virtual world based on Pixar's "Cars" that's launching early next year. Disney already has Toon Town and Pirates virtual worlds, and it purchased "Club Penguin" a virtual world targeting younger kids.

I spoke to Parkis about Disney's strategy, and it's about a lot more than just revenues, though it does bring in a steady stream from subscription fees to these sites. Parkis explains that these worlds are like virtual theme parks in which the company can expand Disney's brand experiences to be accessible whenever and wherever users want. So building brands from other divisions ends up growing revenues in those other divisions as well. For example, a girl who gets really into the Pixie Hollow virtual world may beg her parents for a Tinkerbell T-Shirt.
IBM [IBM  Loading...      ()   ]also had an interesting announcement; it's "Same Time" instant messaging application is going virtual. You may not have heard of Same Time, but it's a lot like AOL IM, and it has over 100 million individual users, and some heavy hitting corporate clients, from HSBC[HBC  Loading...      ()   ] and Cisco,[CSCO  Loading...      ()   ] to Ericsson [ERIC  Loading...      ()   ]and the CIA and FBI. Now someCalled "Same Time 3-D", it'll launch within the next year, and it'll allow users to click from a one-dimensional instant messaging chat over into a virtual conference room. You can hold a meeting in a virtual room or in a grassy field, and you can invite many people into the space from your IM list, with the click of a button. Sounds pretty cool.

One big trend everyone is talking about is Virtual Worlds targeting kids and tweens. There are now over 150 virtual worlds operating and in development for the 18 years-old and under market, up from just 100 of these worlds in April.
 

The folks working ont hese must have notoiced they're good acquisition targets. In Jaunuary Time Warner [TWX  Loading...      ()   ] invested in Gaia Online, which targets teens. And both Warner Bros. and Sony signing agreements to distribute their libraries through virtual online worlds. And in August of 2007 Disney acquired Club Penguin for $350 million in cash.

More here: Virtual Worlds Expo: Real Investments In Virtual Space

Questions?  Comments? 

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