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In a letter to the Energy & Commerce Committee, FCC Chairman Michael Copps said that 61% of television stations should be able to turn off their analog signal before June 12 without interference. Copps also believes that many of the additional 700 stations could also do the same. The House is set to vote on amended the DTV Delay bill today.
Disney’s net income slid 25% during the first fiscal quarter, which ended December 27, 2008. The Mouse noted that DVD sales, a key sales indicator, fell significantly during the holiday season. The street did not respond well, as shares of Disney fell below $20 in after hours trading.
According to the Wall Street Journal, Ticketmaster and Live Nation are close to a merger. A merger would form one the most powerful conglomerates in the music industry, giving Live Nation Ticketmaster the ability to manage everything from artists to concert promotion to ticket sales and even venue ownership. Any deal would be subject to scrutiny by the Department of Justice, as the two would have a near monopoly over the concert business in North America.
Plus, today’s consulting question, “Did YouTube and Warner Bros really take down a video of a little girl playing and singing ‘Winter Wonderland’?” Shelly has the answer on today’s MediaBytes.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.