Category Archives: Business

Decline in Film and TV commercial production continues in Los Angeles

FilmLA, the non-profit organisation that oversees the issuance of film permits in the Los Angeles area, has released its film production data for the second quarter. Things are looking exceptionally grim for film and TV commercial production in Los A
Posted in Business | Tagged , , | Leave a comment

Avid posts bigger losses than expected in the second quarter

Avid has suffered a bigger-than-expected 32% loss in its revenue in the second quarter, mostly due to the 36% decline in its product revenue. Although Avid is an immensely popular NLE video editing solution, the increasing popularity and accessibilit
Posted in Business | Tagged , | Leave a comment

YouTube’s delicious irony

The user-generated-content fanatics would have us believe that websites like YouTube are a world-shattering revolution. They are somewhat revolutionary, but not in the way they think. YouTube is replete with videos that can very politely be referred
Posted in Business | Tagged , | Leave a comment

YouTube inching towards profitability

Recent reports cast heavy doubt on the future profitability of YouTube. Despite the very gloomy forecast made by a Credit Suisse analyst, and the subsequent more optimistic claim by RampRate that YouTube’s loss will not be so gargantuan in 200
Posted in Business | Tagged , , | Leave a comment

YouTube looking increasingly like on-demand TV

It has finally happened: you can now watch a substantial selection of TV shows on YouTube, including classics like “Charlie’s Angels.” It’s great to see that YouTube has adequately reacted to Hulu, which was drawing some ser
Posted in Business | Tagged , | Leave a comment