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Watch Shelly’s commentary on GOOGLE (NASD: GOOG) search data being used in an obscenity trial.
GOOGLE News is showing little growth. The news site recorded 11.4 million hits in May, far behind number one ranked YAHOO News, which received 35.8 million visitors in May, according to Nielsen Online. Like most things Google, Google News is run entirely on an algorithm.
CIRCUIT CITY (NYSE: CC.N) will hold its annual stockholder meeting tomorrow. Investors are looking to gain insight into the retailers future, as the company seeks a possible buyout. Circuit City reported a loss of $164.8 million for the three months ending May 31st.
GOOGLE (NASD: GOOG) will introduce an internet audience measurement initiative at the Advertising Research Foundation media conference today. Event information was pulled from the conference’s web site, but because of Google Cache the page is still accessible.
PARAMOUNT (NYSE: VIA) CEO Brad Grey has some serious problems to deal with. Not only did Dreamworks end its relationship with Paramount, but the studio also lost its television deal with Showtime. Rumors are circulating that if things aren’t positive at Paramount, Grey’s job maybe in jeopardy.
REAL D is increasing the number of 3-D movie theaters from 1,000 to 5,500 in the next 18 months. If a consortium known as the Digital Cinema Implementation Partners can bankroll an overhaul of projection systems, Real D could potentially reach its goal of 20,000 screens in five years.