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C-NEWS, The Daily Hunt
E-mail Thursday, 05 October 2006



VIACOM's NEXT CHALLENGE: Conquering online media

Viacom Inc.'s new chief executive, Philippe Dauman, has vowed to change the way his company's shares are viewed by Wall Street, but he may find his biggest challenge will be figuring out how to succeed in online media. Tom Freston, the company's former chief executive, was ousted partly because Viacom failed to make a bid for MySpace, the popular social networking Web site that has been such a boon to News Corp

MYSPACE GETS ITS OWN TV SHOW

The program, Project MyWorld, features three young women from Los Angeles traveling the world to meet friends they’ve met on social-networking Web site MySpace

JEAN PAUL GAULTIER sends a size 20 model down the runway

It's not just a hobby - some small sites are making big money.

TechCrunch pulls in $60,000 in ad revenue every month. Boing Boing, a four-person operation that bills itself as a directory of wonderful things, is on track to gross an estimated $1 million in ad revenue this year. The digital-media news site PaidContent.org, headquartered in the second bedroom of a Santa Monica apartment, is set to post even more than that. And Fark.com, a site packed with sophomoric humor run by a lone guy in Lexington, Ky., is on pace to become a multimillion-dollar property. In short, some of the most popular blogs, long the bane of the mainstream media, are themselves becoming mainstream.

With Internet-like speed, blogs have gone from self-indulgent hobbies to flourishing businesses. Real businesses, with real revenue streams from real advertisers--not overhyped next big things with pick-a-number valuations based on selling out someday to some overenthusiastic big-media sugar daddy.

TEACHER SUES STUDENTS OVER MYSPACE OUTING

Placing tacs on a teachers chair? OUT. Creating a fake Myspace for the assistant principal and outing her as a lesbian? IN. An assistant principal in Austin, Texas, is suing two 16 year old students who created a bogus
myspace under her name, claiming she was gay. Seems to us all they needed to do was out her for being an assistant principal.

iTUNES : WHAT'S WITH THE BUG UP ITS ASS?

Overheating, dead on arrival, riddled with bugs. Apple and Pete Doherty share the same issues. As hip as they may be, the iPod and it's cousin iTunes have been causing more than a few problems for both Apple and PC users. Ours refuses to play Michael Bolton tunes.

GADGET OF THE WEEK
Newly released Skype devices that connect to Wi-Fi networks aren't portable like cellphones, but they can be handy at home.


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