EMI is praying that Santa is generous this season as it stares at a major post-Christmas payment due on £2.7 billion in loans from Citigroup. UK analysts are warning that EMI to generate signifigant cash by March to meet its obligations, If not,Terra Firma, the private-equity which bought EMI for £2.4 billion and then added £10 million three months ago to avoid loan default could be forced to inject even more funds. What releases are EMI counting on to fill its holiday coffers? A new album from Tom Jones plus a Coldplay release made up of songs which did...
One maker of sexualized children's toys has gotten a judge to crush another, on the grounds that Bratz' creator violated its copyright and probably came up with the idea on Mattel time. A judge on Wednesday granted an injunction sought by toy maker Mattel Inc. that bars rival MGA Entertainment Inc. from manufacturing or selling its popular pouty-lipped Bratz dolls. The ruling, filed Wednesday in U.S. District Court in Riverside, follows a federal jury's finding that Bratz doll designer Carter Bryant came up with the edgy concept while working for Mattel. The same jury later awarded Mattel $10 million for...
Time Out is selling its New York edition for $40 million (£26.8 million) after its investors pushed for a return on their 13-year investment—the magazine's founder Tony Elliot wants to hold on the mag but can't afford to buy them out. He tells Times Online that a TONY sale will take place for the right price, but "if somebody offers $10 million, it won't happen". TONY's investors ploughed in a good deal of capital to set up the magazine in 1995—The Times puts it at between $10 million and $30 million—but Elliot has not found a way, or the money,...
This is fun and useful... Navigate Flickr by color! We extracted the colours from 10 million of the most “interesting” Creative Commons images on Flickr. Using our visual similarity technology you can navigate the collection by colour Read more | Permalink | Comments | Read more articles in Imaging | Digg this!...
MySpace has partnered with RipCode to give mobile users access to MySpace videos. The content will be available at MySpace’s mobile site, m.myspace.com, which currently generates around 3 billion monthly page views from 10 million users. Video will work on the iPhone, T-Mobile G1, BlackBerry Bold and BlackBerry Storm devices, among others. All user uploaded videos (meaning videos that a user has uploaded, as opposed to all videos uploaded by all users) and most premium content will be available. The new feature will use RipCode’s on demand video transcoding service. Videos are transcoded only when requested, into whatever combination of...
Earlier this year, Southern California Edison made a commitment to install a whopping 250 MW of photovoltaic power. To make that happen, they are planning 150 projects, each of which will blanket the roof of some gigantic commercial building will panels. This week, they completed the first one. The site: the 600,000 square foot roof of a warehouse owned by ProLogis, Inc. The monstrous, $10 million array will generate 2 MW of power for about 1,300 homes. When the other 149 projects are completed, the resulting 250 MW of power will serve 160,000 homes. When all is said and...
Yesterday we talked about value propositions that answer the question: “why should I buy from you rather than from anybody else?” As promised, we’re going to look closer at the practical application of a clear value statement and to achieve “congruence” (every element on your landing page either expresses or supports the value proposition). Our example is 1-800-Contacts: Note: This is an above-the-fold shot, and doesn’t show the additional graphics and text below the fold that I refer to in the next section. Crafting the Value Proposition If you scour the home page text you will find pieces of value...
That’s the really cool thing about trying to find ways to make new technology an integral part of our lives, we get to see all kinds of interesting ideas. However - it is also the cause of really mind numbing, head shaking, smacking one’s head against the desk reasons where we wonder just how far we really have progressed. There is no doubt that solar power is going to be an important part of our energy mix. Yes it still needs a lot of work in order to make it truly cost effective for mass use; but we’re getting...
The Huffington Post has raised $25 million in new funding for its site — a full $10 million more than had originally been projected. The Huffington Post is secured the cash from Oak Venture Partners, as previously rumored and first officially reported in Kara Swisher’s BoomTown column Monday morning. The fresh funding brings the site’s valuation up to almost $100 million, according to estimates quoted in Swisher’s report. “There is an inevitable shift from offline to online with people increasingly getting their news media online, and this election proved how powerful the Huffington Post could be,” an Oak Venture exec...
We're pretty sharp on the fairy dust market, and while it no doubt goes for a premium in certain parts of the world, there's still a serious surcharge being added in here for transparency. Japan's own Hario is catering yet again to the affluent among us with its Harion speaker set, which boasts a subwoofer, two mid-range drivers and a pair of acrylic tweeters -- all encased in heat-resistant glass. Of course, the company is no stranger to pumping out exclusive glass-based kit and charging a wad for it, as this particular package will run customers a staggering 16...
Filed under: Speakers We're pretty sharp on the fairy dust market, and while it no doubt goes for a premium in certain parts of the world, there's still a serious surcharge being added in here for transparency. Japan's own Hario is catering yet again to the affluent among us with its Harion speaker set, which boasts a subwoofer, two mid-range drivers and a pair of acrylic tweeters -- all encased in heat-resistant glass. Of course, the company is no stranger to pumping out exclusive glass-based kit and charging a wad for it, as this particular package will run customers a...
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