- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- Twilight, Inc., A Worldwide Craze
- Oprah to Leave Syndication in 2011
- Sony's E-Reader Shortage and the Digital Book Battle
- Salesforce.com Brings Facebook and Twitter's Social Capabilities to Businesses
- Sumner Redstone's Companies Face Off Yet Again
- Can YouTube Revolutionize Citizen Journalism?
- What MGM's Sale Could Say About Value of Content
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- Twilight, Inc., A Worldwide Craze
- Oprah to Leave Syndication in 2011
- Sony's E-Reader Shortage and the Digital Book Battle
- Salesforce.com Brings Facebook and Twitter's Social Capabilities to Businesses
- Sumner Redstone's Companies Face Off Yet Again
- Can YouTube Revolutionize Citizen Journalism?
- What MGM's Sale Could Say About Value of Content
RSS FEED
MOST SHARED
- Ritz-Carlton ?Struggling? in the US: President
- Garlic Price Rises Surpass Gold, Stocks in China
- S&P Stocks Trading at New 52-Week Highs
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- Oil Price to Average $75.40 in 2010: Poll
- Half of Banks' Losses May Still Be Hidden: IMF Head
- Jobless Claims Below 500,000, Durable Orders Slip
- Consumer Mood Improves, But Anxiety Over Personal Finances
- Judge Erases Couple's $525,000 Mortgage Payment
- Black Friday: Can Banks Tap the Frenzy, Too?
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- S&P Stocks Trading at New 52-Week Highs
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Treasury On Mortgage Modifications
- 'Cancer of Fraud' Permeates Health Care System: Critics
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Judge Erases Couple's $525,000 Mortgage Payment
- Where Do Pardoned Turkeys Go?
- Foreign Demand Boosts US 7-Year Treasury Sale
- Google CEO Schmidt Makes Secret Visit to Iraq
- New-Home Sales Jump to Highest Level in Over a Year
- Consumers Catching the Holiday Spirit
- Jobless Claims Below 500,000, Durable Orders Slip
Media Money
![]() |
Virtual Worlds Expo |
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?










