Digital Media Bytes

A periodic roundup of relevant news… from our other blogs:

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Online Video Not Taking Business Away from Pay TV
Here’s a bit of news that cable and telco TV providers can rejoice in together. According to Bernstein Research analyst Craig Moffett, online video watching is not causing a drop in pay-TV subscriptions.

Pixlr, A Terrific Web-based Image Editor
I discovered a terrific new and free web-based image editor called pixlr.com. It works like Photoshop Elements, Paint.net and other popular image editors – but from inside any browser, with nothing to install.

Rumors of Blockbuster Bankruptcy
After reports surfaced that Blockbuster was hiring an outside firm to discuss the possibility of a bankruptcy filing, their stock plummeted.  Later that day, news came out that Blockbuster hired Kirkland & Ellis for “assistance with our ongoing finance and capital raising initiative” according to a Blockbuster spokesperson.

The Shallowing Slope of VOD Concurrency
The average VOD library size is expected to jump from under 10 TB in 2008 to over 20 TB in 2009, and, according to stats I’ve seen, on-demand viewing is projected to jump from 9% of all viewing last year to 38% of viewing by 2012. The net effect is that more VOD content is moving into the long tail.

Canoe Makes Progress with EBIF
Canoe, the joint venture tasked with nationalizing an advanced advertising platform for the cable industry, has been highly visible of late. After great secrecy in 2008, the organization is feeding information to the press in what appears to be almost a publicity campaign.