Warner Music Group's IPO is viewed as a way for the group of investors, led by former Universal/Vivendi chief Edgar Bronfman, to begin to recoup on their $2.6 billion purchase of the company in 2004. The IPO is estimated to be able to raise about $750 million, much of which will be returned to investors. The move is timed when several Warner artists, including Madonna, Green Day and Linkin Park, show increased sales and when the company is seeing a profitability spurt after cutting its work force by 28 percent last year. Warner posted a fourth-quarter profit of $36 million, helped by cost-cutting; however, its revenue fell 7.6 percent to $1.09 billion from $1.18 billion a year earlier. One financial analyst commented in a Reuters report that, "This is consistent with our belief that digital [downloads] will accelerate unbundling of the album format and have a negative impact short-term on [music] sales." The analyst sees the record industry struggling for the next two to three years amid continued online piracy, pricing pressure and competition from video games and DVDs. The music industry saw a 1.4 percent U.S. sales gain in 2004 after several years of declines. Sales this year are down nearly 7 percent, according to Nielsen SoundScan.
This eBook provides both new and veteran shooters an in-depth understanding of the technology that lies between the camera lens and the recording medium and how to maximize a camera's performance.
File-based technologies have replaced video tape methods for a majority of production and broadcast operations. The worlds of AV and IT are coalescing to create new methods and workflows for media
Video compression, editing and displays is an in-depth tutorial on MPEG compression technology, editing MPEG content and evaluating color video monitors written by long-time video expert, trainer and writer Steve Mullen, Ph. D.
2012 will be the year of mobile DTV. That’s the view of Erik Moreno, who along with Salil Dalvi, senior VP for Mobile Platform Development at NBC Universal, is co-general manager of the Mobile Content Venture.
Hear snippets of podcast interviews done throughout 2011 with Pat McDonough of The Nielsen Company, Glen Friedman of Ideas & Solutions!, Danny Wilson of Pixelmetrix and Greg Herman of Watch TV. Pictured is Danny Wilson, Pixelmetrix.
