After Google acquired YouTube, they began looking for ways to create a revenue model for the ultra-popular video sharing site. Now, news is leaking out that YouTube may be bringing advertising supported feature films to the site. According to an anonymous Hollywood executive quoted in this article, Google's negotiations with Hollywood studios are paying off, and we can expect to see movies on YouTube within the next three months.
This move will position YouTube to move into the space occupied by Hulu, a joint venture between NBC Universal and News Corp. Hulu offers users a variety of TV shows from NBC Universal and Fox, along with a few feature-length films.
The fact that there's a lengthy discussion in this article about whether Hulu's superior video quality gives it a competitive advantage over YouTube tells me that we've crossed a threshold with web video. This format's popularity is already expanding exponentially, and there's every sign that popularity will only increase over the coming months.
The FCC's new rules on white spaces have given the green light to electronics manufacturers to begin formalizing their white space device designs and submitting them to the FCC for final approval before they go to market. GigaOM's article says it will be at least a year before any device finds its way to consumers. Between perfecting the geo-locating features that the FCC mandated in the white space rules and the spectrum-sensing technology, there's still a lot of work to do for manufacturers hoping to bring these devices to market.
All these rules are designed to prevent these devices, which promise to bring wireless high-speed broadband over long distances, from interfering with broadcast and cable television reception. For their part, broadcasters have vowed to continue their opposition to white space devices due to their potential for interference.
The third-highest subscribed news magazine has decided to completely drop its printed publication and publish on the web only.
But, the move to an all-Web publication "allows us to stay ahead of a changing media landscape and do an even better job of motivating our readers to act on the information we provide them," company President Bill Holiber and editor Brian Kelly wrote in a recent in-house memo.
Wow. This really is news. Most newspapers and magazines are struggling to find a way to survive in the Internet age, and I expect to see more announcements like this one from other publications as they work to stay competitive in a world where people have a broader array of information choices and often choose the Internet and TV over print.
Newsweek reports in an exclusive that both the Obama and McCain campaigns' computer networks were hacked by an unidentified foreign entity. At the beginning, the Obama campaign's IT professionals thought the attack was a phishing attack aimed at stealing contributors' credit card numbers. According to this article, the FBI and Secret Service advised both campaigns that a foreign power had hacked their computers in order to gain information on policy positions to gain an upper hand in negotiations with a future presidential administration.
Amazing piece of news. It's high time to get serious about online security, especially when the national security is at stake.