Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Best of the Blogs, Media: Amazon New York Allows Competitors to Sell Its Ebooks


Also, there will be no hologram of Ronald Reagan at the RNC.

This column highlights the most interesting and useful business and financial commentary on media from around the Web.

Link: Amazon NY Signs Deal to Sell Its Ebooks Through Other Retailers
"Amazon's (AMZN) New York-based book publishing imprint, which is headed by publishing industry vet Larry Kirshbaum, has signed a deal with Ingram to distribute its ebooks to other retailers, paidContent has learned. Amazon and Ingram confirmed the news.

"The deal, with Ingram's digital distribution arm CoreSource, will make the ebooks available to Amazon competitors like Barnes & Noble (BKS), Apple (AAPL), and Kobo - though, of course, those competitors won't be required to stock Amazon titles. The idea of Apple selling Amazon's ebooks is particularly interesting, given the Department of Justice's lawsuit against Apple and book publishers for allegedly colluding to set ebook prices."

The Wall Street Journal Speakeasy
Link: Digital Domain CEO Says There's No Hologram Reagan in the Works
"'I would enjoy seeing holograms in political discourse,' said John Textor, CEO of Digital Domain Media Group (DDMG), a visual effects house that has created digital characters for numerous Hollywood movies. 'But that rumor isn't true.'

"Textor believes the reports started with a satirical article Tuesday in the Bennington Vale Evening Transcript, a joke outlet that purports to cover news in 'San Narciso, CA,' a fictitious municipality that exists only in Thomas Pynchon's surreal 1966 novel The Crying of Lot 49.

"The article appears in Google (GOOG) News search results, with the disclaimer 'satire' next to it.

"Nonetheless several non-satirical news outlets picked up the notion and ran with it as a serious possibility for Thursday night's mystery-speaker slot, including Fox News, which like The Wall Street Journal is owned by News Corp (NWSA)."

Link: Square to Sell Card Readers at AT&T Stores
"Square, started by Twitter co-founder Jack Dorsey, signed the No. 2. US carrier on Tuesday, adding to growing list of retailers, including RadioShack (RSH), Best Buy (BBY), and Apple (AAPL), that sell its card readers.

"In a statement, Square said AT&T's 1,000 outlets would bring the total number of stores retailing the device to over 20,000.

"Earlier this month, Square had signed Starbucks (SBUX) as a merchant location using its devices to process payments at its coffee shops."

New York Times Media Decoder
Link: Pandora Posts a Loss but Continues to Expand
"A year after going public, the popular Internet radio service Pandora (P) is still expanding rapidly, with growth in audience size and revenue. But Pandora Media, the company behind it, continues to post a loss, as its revenue has not kept up with music royalties and other costs.

"Pandora, which lets users create free music streams tailored to their tastes, had $101.3 million in revenue for the three months that ended July 31, a 51% increase from the same period last year. That was slightly better than the $100.9 million that analysts had expected, according to Thomson Reuters.

"Its results helped Pandora's shares rise 9% in after-hours trading on Wednesday. The stock had closed at $10.08, down 1% for the day. The stock is down 37% from its opening price in July 2011."

All Things D
Link: Amazon Opens Android App Store in Europe
"Residents of the UK, Germany, France, Italy and Spain can now purchase Android (GOOG) apps through Amazon (AMZN), the company announced Thursday morning.

"Amazon's marketplace for Android apps launched in the US in early 2011. Its European expansion has been anticipated for some time - the company has been asking developers to submit apps for distribution in western Europe since late June. Further global expansion is planned in the near future, Amazon says.

"Similarly, Barnes & Noble announced earlier this month that it would begin selling e-books and its EInk e-readers in the UK come October, but not its Nook Color Android tablet. UK retailers John Lewis, Argos, Blackwell's and Foyles have all agreed to carry its e-readers, B&N said this week."
No positions in stocks mentioned.
Featured Videos