This column highlights the most interesting and useful business and financial commentary on media every week.
All Things D
Link: Four Things to Watch for at Thursday's Apple-Samsung Hearing
(NASDAQ:AAPL) and Samsung
(PINK:SSNLF) are due back in San Jose federal court
on Thursday for a variety of motions in the wake of a jury’s billion-dollar verdict
"Samsung will be seeking to get a new trial and to have the award reduced, while Apple will be looking to have the damages heightened and to see injunctions imposed against various Samsung products found to infringe Apple products. While such procedural motions often follow large damage awards, Thursday’s hearing is shaping up to be a doozy."
New York Times Media Decoder
Link: Train Wreck: The New York Post's Subway Cover
“'It all happened so fast.'
"That’s what R. Umar Abbasi, a freelance photographer for The New York Post
(NYSE: NWSA), said of the fatal subway incident
on Monday that he caught with his camera. One man threw another into harm’s way, causing him to be run over by an oncoming train. This last part happened in the blink of a shutter.
"But the decision to put the image on the The Post’s
cover and frame it with a lurid headline that said 'this man is about to die'? That part didn’t happen quickly."
Link: Amazon's All-You-Can-Eat Kids' Kindle Contest Should Scare Competitors
(NASDAQ:AMZN) new unlimited digital offering for kids, Kindle FreeTime Unlimited
, is a very ambitious program. For a set monthly price, families get unlimited access to ebooks, movies, TV shows, educational apps and games aimed at 3-to-8-year-olds. Kindle FreeTime Unlimited works only on the newest Kindle Fires as an extension to Kindle FreeTime, the parental controls feature that lets parents set time limits on kids’ various uses of the tablet.
"Households that subscribe to Amazon Prime will pay $2.99 per child or $6.99 per family (up to six kids) per month; non-Prime members will pay $4.99 per child or $9.99 per family per month. Content is 'pre-screened for age-appropriateness.'"
Digital Music News
Link: Hmmm: Pandora Just Reported a Solidly Profitable Quarter
(NASDAQ:P) stock is probably plunging as you read this; Wall Street is freaking out over disappointing earnings projections. But underneath all that noise is something interesting: for the quarter that just happened, Pandora actually made some money. In fact, Pandora just reported a solidly profitable fiscal quarter, thanks to strong increases across revenues, subscribers, active users and mobile usage.
"During the three-month fiscal period ending Halloween, the publicly-traded Pandora posted revenues of roughly $120 million, a 60 percent gain over the same period last year. And, earnings gained 221 percent - ie, more than triple - to $2.1 million. Other areas were also booming: mobile revenue gained 112 percent to $73.9 million, total listener hours gained 67 percent to 3.56 billion, and active users gained 47 percent to 59.2 million."
Link: Jay-Z: Not Too Famous for the Subway
"Jay-Z's one of the 100 most powerful celebrities in the world
but the 43-year-old isn't too big to take the subway -- or humbly accept that a passenger might not recognize him.
"The moment was caught on camera in Jay-Z's documentary 'Where I'm From,
' which explores the behind-the-scenes work that led to his eight performances at Brooklyn's Barclays
(NYSE:BCS) Center this fall. The video was posted to Jay-Z’s YouTube
(NASDAQ:GOOG) channel on his birthday, December 4."
No positions in stocks mentioned.