By far the best article I read today. On how the past and present of the TV business effects digital distribution (including why Hulu is moving to a subscription model) and what to expect in the future.
Crazy Nut Job does such a great job summarizing the economic turmoil that I don’t feel like I need to read as many other sources as I used to (which is lucky because my focus has shifted). And he says he’s being lazy. If you want to keep up with the global economy, I think it’s a great way to do so.
But, then, how is Facebook so profitable? Are they lying? No. They are growing. More and more people get on Facebook, and more and more businesses hear about how many people are on Facebook. It seems like a huge opportunity. So each business individually and in turn experiments with Facebook ads. They spend hundreds or thousands or more on Facebook ads. At the end of the first run, they see bad ROIs. They tweak the ads and spend more money and try again. Nothing. So they stop, understanding that Facebook ads are worthless. Everyone I’ve talked to who has actually bought Facebook ads knows this. But, not everyone has bought Facebook ads yet.
This is interesting and well thought out except no one gets the benefits of the new dollars/suckers but Facebook.
340 square feet, 24 room configurations. Just don’t leave your laundry on the floor.
(via coworker, reddit)
Incredible.
Of course, this complaint threatens to unleash havoc in all kinds of ways. “This may cause a great crisis in Europe but we already have a crisis,” said Dr Karl Albrecht Schachtschneider, law professor at Nuremberg University and author of the complaint, when we chatted yesterday.
He will ask for an injunction to freeze all aid for Greece while the case is pending, which may take weeks or months.
How will the Court rule? The breach of the no bail-out clause of Article 125 of the Treaties is so clear that it will be very hard to finesse. “It is a question of law – the duty of the court to defend the German constitution. They have no choice other than reaching a lawful decision,” he said.
