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Hollywood types see peer-to-peer possibilities
While the entertainment industry is going after users of peer-to-peer file sharing systems, it might be planning to exploit those same networks. A panel of experts at the Consumer Electronics Show in Las Vegas say that those against file-sharing are realizing that the networks, which are not illegal of themselves, are a good way to distribute content. Unsigned bands often use the networks to circulate their music, and the exposure can lead to record contracts. The panel said entertainment companies are just waiting for plans that include digital rights management and copy-protection standards, so that the networks will be beneficial to industry moneymakers. One potential model is paid-for-pass-along where firms get paid each time a file is shared.

FEMA yanks tsunami game in disaster's wake

The Federal Emergency Management Agency (FEMA) seems to be torn over whether a tsunami game on its web site was a good idea. The agency said Friday that it has removed the online video game intended to be an educational tool for children because it might trivialize the effects of a natural disaster. After making its debut on the agency’s web site in 1998, the game remained there until it was removed Dec. 26, right after a devastating tsunami struck Asia. After educators complained of not having access to the game, FEMA placed it on the web site once again before yanking it a second time. In the game several objects, including a car, a starfish and a surfboard, are scattered after a tsunami strikes and players must put the objects back to their proper places. A dancing frog appears on the screen when one wins the game. Those who still want to access the game can contact FEMA.

Study: China will surpass U.S. web usage

In less than three years there will be more people logging on to the internet in China than in the United States, according to a prediction by Panlogic. China’s growing fascination with the internet will cause it to bypass the estimated 137 million U.S. internet users by 2008. Several things contribute to this trend, such as a preference in China to use the internet over the telephone. Also, many Chinese people make internet use a social affair by meeting with friends at internet cafes. They are particularly interested in the news available on the net and the commercial messages and exposure to Western lifestyles.

Dow Jones completes deal for MarketWatch
Publisher Dow Jones has completed its previously announced acquisition of MarketWatch for $528 million. Under the new ownership, MarketWatch's web site and TV operations won’t have a CBS tag on the name but will only be known as MarketWatch. The company’s radio network will also use the same name. MarketWatch will be integrated into Dow Jones’ Electronics Publishing division. Dow Jones publishes The Wall Street Journal, Barron’s and several other titles.


Jan 24, 2005 © 2005 Media Life




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