Posted by Twain on July 8, 2009

Paid content on Sun Valley 2009 agenda

I just read these comments from Bob Iger, CEO of Walt Disney:

· http://blogs.wsj.com/digits/2009/07/07/sun-valley-paid-content-on-the-agenda/

That’s consistent with Rupert Murdoch’s plans at Newscorp:

· http://www.hollywoodreporter.com/hr/content_display/technology/news/e3i22db2de2f279e316e965eaca55ef769a

· http://www.readwriteweb.com/archives/rupert_murdoch_lets_charge_for_online_content_again.php

Now this may not be obvious but paid CONTENT is different from paid SEARCH LINKS where Google dominates almost 70 percent of the global market. There’s some concern that the public will not pay subscription charges to read articles, view videos or the right to participate on discussion forums.

Personally, I think ordinary consumers would pay if there’s a PURPOSE, CHANNEL FILTER and CONTEXT to that content. As a consumer I wouldn’t pay for content that was simply mindless noise or dross. I’d pay for the content if I needed it to complete a project, though. For example, I’m prepared to pay for substantial quality McKinsey / DataMonitor / Jupiter Media Matrix reports; I’m not prepared to pay for tweets by Ashton Kutcher on Demi Moore’s derrière, although others would pay. That type of content is harmless and purposeless banter. Now contrast this with Demi Moore showing women how to apply make-up in a YouTube video. THAT is content some women would probably pay for if they wanted to look like a Hollywood A-lister (and there’s your context — LOL).

PAID CONTENT = PURPOSE X CHANNEL FILTER X CONTEXT

Posted by Twain on July 8, 2009

Allen+Co Sun Valley conference, Marc Andreessen’s US$300m VC fund and Google Chrome OS

I have a new life objective: be invited to the Allen+Co Sun Valley conference by 40.

These are interesting reads:

· http://www.portfolio.com/business-news/reuters/2009/07/08/media-chiefs-ponder-future-at-sun-valley-conference

· http://finance.yahoo.com/tech-ticker/article/274235/Marc-Andreessen-Raises-300M-Venture-Firm-Predicts-Hundreds-of-Others-Will-Close?tickers=TWX,%5EIXIC,HPQ&sec=topStories&pos=9&asset=4610bd3a5c312a1ea53e3cac4b889170&ccode=

· http://blogs.wsj.com/digits/2009/07/07/sun-valley-paid-content-on-the-agenda/

· http://blogs.wsj.com/digits/2009/07/08/sun-valley-will-twitter-ceo-be-this-years-star/

· http://www.huffingtonpost.com/2009/07/08/google-chrome-os-new-pc-o_n_227513.html

· http://www.pcworld.com/article/168039/five_questions_about_google_chrome_os.html

I know someone who’s at the Sun Valley conference so I’m going to see if he’ll tell me anything!

Marc Andreessen closing a US$300m VC fund is pretty remarkable since Google Venture’s fund is a third of that size at US$100m and the fund raising environment remains testy. Prior to officially successfully closing the fund, in an interview with Charlie Rose, he said that over the last three years, he and his investment partner (Ben Horowitz) had made 36 investments of up to US$200,000 and were aiming to raise a US$250 million fund. This means they’ve overshot their target by US$50 million and is good news for start-ups. His new VC firm will allocate up to US$1 million on technology companies they decide to invest in.

A word of caution, though: we’re already seeing how the global economic crisis is affecting tech sector layoffs:

· http://www.techcrunch.com/layoffs/

Posted by Twain on July 8, 2009

Rubik 360 in the UK

The Rubik360 goes on sale in Hamleys on 15 July 2009. Here’s how it works in action:

This is Erno Rubik in a Time magazine interview, holding the original Rubik cube:

For brain health, it’s important to play games which test our mental and hands dexterity — yes, computer metaverses as much as toys like the Rubik360. Every so often I can be found in Hamleys:

It’s one of my favorite stores.