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Media Bit & Bytes - June 12, 2012
This week in Media Bit & Bytes: Warren Buffett becomes a
press lord; Amazon acquires publishing houses; a major
publisher goes bust; keeping revenues flowing for wireless
calls; what a UN-based agency may mean for the internet; and
new efforts to get public voices on info tech use heard in
DC.
# # #
Why Warren Buffett is Buying Newspapers
By Jeff John Roberts
Paid Content
May 17, 2012
http://paidcontent.org/2012/05/17/why-warren-buffett-is-buying-newspapers/
The Oracle of Omaha acquired his hometown newspaper in
January and also snapped up the Richmond Times-Dispatch and
62 other daily and weekly papers like The Goochland Gazette
and The Bland County Messenger. Most have small
circulations in the range of 5,000 - 25,000. Buffett can
treat his newspaper fleet as a longer term investment that
will pay off in three to five years, as they move from print
to digital. The company can then cut away many of the
printing, distribution and other legacy costs associated
with newspapers.
# # #
Amazon Buys Avalon Books, Publisher in Romance and Mysteries
By Julie Bosman
New York Times
June 4, 2012, 5:46 PM
http://mediadecoder.blogs.nytimes.com/2012/06/04/amazon-buys-avalon-books-publisher-in-romance-and-mysteries/
Amazon.com has expanded its publishing reach again by
acquiring Avalon Books, a small, 62-year-old publisher that
specializes in romance and mysteries. The purchase includes
more than 3,000 back-list titles, Amazon said, adding that
the books will be published under Amazon's imprints based in
Seattle. Amazon made a similar move last December when it
acquired hundreds of titles from Marshall Cavendish
Children's Books.
# # #
Houghton Mifflin Harcourt Publishing Files for Bankruptcy
By Dawn McCarty and Phil Milford
Bloomberg News
May 21, 2012
http://www.bloomberg.com/news/2012-05-21/houghton-mifflin-harcourt-publishing-files-for-bankruptcy-1-.html
The filing comes as traditional print-book publishing faces
growing competition from e-books. Houghton Mifflin's core
business, based on the schoolbook market, has seen sharply
declining state and local funding.
# # #
Talking Less, Paying More for Cellphone Voice Calls
By Greg Bensinger
Wall Street Journal
June 5, 2012
http://online.wsj.com/article_email/SB10001424052702304065704577426760861602618-lMyQjAxMTAyMDAwNTEwNDUyWj.html
Since the introduction of the iPhone in 2007, the amount of
time spent making old-fashioned voice calls has fallen every
year, so cell phone companies are trying to maintain their
revenues with `unlimited calling' plans. The move to
unlimited-only calling plans would simplify options, but as
customers spend more time texting and using Internet-based
calling services such as Skype, it would deprive them of
being able to trade down to cheaper calling rates.
# # #
Civil Society is Key to the Debate on International Control
Over the Internet
By Gigi Sohn
Public Knowledge.org Blog
June 04, 2012
http://publicknowledge.org/blog/civil-society-key-debate-international-contro
The UN-based International Telecommunication Union (ITU) may
be given the power to regulate internet access and the
internet itself. Despite the fact that the US Government
and US industry have vocally opposed this outcome, it is US
civil society that has the biggest role to play to ensure
that the Internet continues to be open and decentralized.
The danger is that some of the global regulatory proposals
could have dramatically bad effects on the internet.
# # #
Isolationist No More: The Internet Goes to Washington
By Stacey Higginbotham
Gigaom
June 4, 2012
http://gigaom.com/2012/06/04/isolationist-no-more-the-internet-goes-to-washington/
No longer will the conversation between Silicon Valley and
D.C. rely solely on big tech firms like Amazon, Google,
Facebook and others. The Internet upstarts are hoping they
can disrupt politics too.
# # #
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