Here's The Truth About The Future Of The Media Industry (GOOG, NWS, TWC, TWX)

We're putting on a big conference on the future of media in New York City today (IGNITION).

To set the stage, Jay Yarow and I put together some slides on the reality of today's media industry.

The main message: The future's already here.

The total market value of "new media" companies is now equal to the total value of "old media" companies. 

And as the media industry continues its collision with mobile, location, social, and ecommerce, there's not much mystery about where that value's going in the future.

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Here's The Truth About The Future Of The Media Industry (GOOG, NWS, TWC, TWX)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/k7j1g-NDsYA/ignition-future-of-media-2010-12

Facebook's Size Is Overrated: It's PBS (TWX, CBS)

Here's an amusing take on the size of Facebook from Jack Wakshlag, chief research officer at Turner.

On stage at our Ignition conference he said CBS's audience is five times as large as Facebook. When asked what network Facebook would be if it was on TV, he answered, "PBS."

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Facebook's Size Is Overrated: It's PBS (TWX, CBS)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/RNbYy3YEyJY/cbss-audience-is-five-times-as-large-as-facebooks-facebooks-audience-is-pbs-jack-washlag-chief-research-o-2010-12