Welcome to Market Revolution's blog

Thank you for visiting Market Revolution's blog.

We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Monday, 31 March 2008

The importance of a good story order

Thanks to Roy Greenslade's blog for this. Worth 20 seconds of time in anyone's working day......

Here's a gem from the Daily Record's Pat Roller column about a story that appeared in the Cumbernauld News, though it doesn't appear on that paper's website, perhaps unsurprisingly.

"If you have recently lost a brown/black longhair cat with a red collar, Cumbernauld woman Elizabeth Nikplavlovic contacted the News to say she had found one and wanted to put the owner's mind at rest. Unfortunately, the cat had been hit by a car before Elizabeth found it lying beside the Seafar ring road and it had to be put down. Elizabeth is happy to speak to the cat's owner."

Thursday, 13 March 2008

AOL buys Bebo

AOL's been an interesting business to watch over the last 10 years. From darling of the dotcom boom, buying Time Warner as a dashing young digital upstart, then finding the position somewhat reversed since the dark days of 2002, to business without portfolio in the UK since selling its domestic broadband business to Carphone Warehouse last year.

Now it's buying Bebo. On the face of it, an odd move. Strategically, yes, buy into social networking and use it to push your content, but Bebo? Facebook's younger rival? Home to schoolkids throughout the world. Yes, it has good audience numbers, but are they a good fit for the AOL brand? Are there 427 million good reasons to buy.....

Time will tell.

Report below taken from Marketing Week:

Internet company AOL has announced it is to acquire social networking site Bebo for $850m (£427m). AOL says the deal will give it a "premier position" in social media.

Bebo has around 40 million users worldwide and is the third most popular US social media site and the sixth in the UK, according to Nielsen Online figures. The company has around 100 employees operating in offices in the UK and the US.

AOL chairman and chief executive Randy Falco says: "Bebo is the perfect complement to AOL's personal communication network and puts us in a leading position in social media." He adds: "This positions us to offer advertisers even greater reach and marketers significant insights into the desires and needs of consumers."

Bebo president Joanna Shields will continue to run the social media company after the deal is closed and will report to Ron Grant, the president and chief operating officer of AOL

Tuesday, 11 March 2008

Murdoch all but bows out of Yahoo race

"No, we're not going to get into a fight with Microsoft, which has a lot more money than us," Mr Murdoch said today in response to a question at the annual Bear Stearns Media Conference

Artist unveils 'newspaper house'

Newspaper House
Local residents brought newspapers to complete the house
About 120,000 discarded freesheets collected from across London have been fitted into a wooden structure to make a house from newspaper.

The 4 meters high house by artist Summer Erek is meant to demonstrate that newspapers should be recycled instead of being thrown away. About 10,000 papers were collected by Project Freesheet while train companies donated two tonnes of newspapers left by commuters.