Friday, October 1, 2010

Making Money on the Internet



After the coffee. Before deciding whether I should see the new "Wall Street" when I know I'll just sit there picking it apart for two hours.


Status update. Has a movie gotten more ink lately than "The Social Network"? The Scott Rudin-produced, Aaron Sorkin-written look at the birth of Facebook is generating tons of controversy about how it portrays Facebook founder Mark Zuckerberg, who has made it clear he is not a fan of the movie and it's not just because Jesse Eisenberg is playing him. This time, it's the Los Angeles Times and Wall Street Journal weighing in with stories on the film and Facebook's efforts to derail it.


Is greed still good? When Oliver Stone was making his sequel to the 1980s classic "Wall Street," he reached out to the street for help. Besides cameos from big shots Warren Buffet and James Chanos, he got several well-known Wall Street players to consult on the film even though Stone's politics are on the opposite end of the spectrum from the masters of the universe. Said Vincent Farrell, the chief investment officer of Soleil Securities of the apparent contradictions: "I'm like everybody else, totally starstruck." The Los Angeles Times with a peek behind-the-scenes of "Wall Street: Money Never Sleeps." Meanwhile, the New York Post notes that no one is getting rich from their cameos in the movie.


Don't let the door hit you on the way out. Another top Disney executive has resigned, the latest high-profile departure at the Mouse House. This time it's Internet chief Steven Wadsworth who is stepping down. According to the New York Times, Wadsworth was viewed as a "weak link" among Disney's management team (guessing that'll be one subscription to the gray lady that will be canceled) and his performance in the job was forcing Disney CEO Bob Iger to "spend an outsize amount of time managing the division." Not sure what an "outsize amount" translates to in terms of minutes of the day, but it doesn't sound good. 


CNN shakeup? Is CNN U.S. President Jon Klein headed for the exit? FTV Live, a TV news website that is often on the money, says CNN will announce that Klein, who has struggled to turn around the cable news channel's prime time network, will be replaced by Ken Jautz, a CNN executive vice president who oversees HLN, CNN's sister network, whose ratings have grown lately. Of course, the timing is a little odd, since CNN has already named a replacement for Larry King at 9 p.m. and has a new show at 8 p.m. launching shortly.


Not a fan of the 99-cent store. Viacom Chief Executive Philippe Dauman is the latest to bash Apple's dream of renting TV shows on iTunes for 99 cents an episode. While Disney and News Corp. have signed on for a test run, other major media conglomerates are steering clear because they think the price is too low and the risk their to core businesses too great. "We don't think Apple has it quite right yet," Dauman said. More from Reuters.


Where were the teabaggers? The moderates made gains in the election for board seats of the Screen Actors Guild. The actors, including Ron Perlman, won all 13 of the seats up for election and are advocates of a merger with American Federation of Television and Radio Artists. News and analysis on what it all means from the Los Angeles Times and Deadline Hollywood.


Inside the Los Angeles Times: The much-anticipated (but not by me) sequel to "Wall Street" is expected to take in $20 million in its opening weekend. David Letterman says he was not in on Joaquin Phoenix's crazy act; a writer on the show begs to differ. 


-- Joe Flint


Twitter.com/JBFlint



Your awkward family photos already make for hilarious comedic relief on the popular blog Awkward Family Photos. Beginning today, those photos will also score you at least 33.3% off your next family vacay to Orlando and potentially much more, as Virgin America has partnered with the meme blog to promote its upcoming new service to Orlando.

Virgin America is encouraging families to upload their most awkward photos to Awkward Family Photos (AFP) for a chance to win four roundtrip tickets to anywhere the airline flies. Submissions will be accepted via AFP and Virgin America’s Facebook Page through Oct 5, at which time the 20 most uncomfortable finalists will be selected and put to a public vote.

AFP voters will decide on the winner of that prize, but one California entrant will also be handpicked by Virgin America and AFP to win an Orlando family getaway including flights and accommodations. “The winners will be whisked in style from Los Angeles onboard Virgin America’s celebratory flight and greeted on arrival in Orlando at a red carpet welcome party hosted by Virgin Group Founder Sir Richard Branson,” according to the announcement.

The grand prizes are enticing, but even if your family’s awkwardness is not the most awkward of all (perhaps a good sign), you can still get the 33.3% family discount (for parties of three to six people) on a Virgin America Orlando flight. The same discount applies to Awkward Family Photos lookie loos who vote on their favorite submissions.

Prizes aside, the Virgin America Orlando promotion is quite interesting given the airline’s unorthodox choice for a contest partner. Instead of a Twitterclass="blippr-nobr">Twitter or class='blippr-nobr'>Facebookclass="blippr-nobr">Facebook-driven campaign, Virgin America is opting to partner with a niche blog for a specialized purpose.

AFP, like many other many meme-oriented blogs and viral sensations, survives by making money through advertising, online stores and book sales. When Internet users vote with their attention, a meme is born. Virgin America appears to see opportunity in affiliating their brand name with an online pop culture phenomena, potentially paving the way for more big brand meme partnerships to come.

At the end of the day, the AFP photo contest is an interesting twist to social advertising and promotion norms that celebrates and supports class='blippr-nobr'>Internetclass="blippr-nobr">Internet memes — what an awkwardly appropriate way to launch a new city.

Image courtesy of Awkward Family Photos

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Catherine Herridge - Fox <b>News</b> | Gender Discrimination | Age | Mediaite

The US Equal Employment Opportunity Commission filed a complaint yesterday against Fox News for a gender and age discrimination case dating back to 2007. The FNC correspondent, Catherine Herridge, is still an employee with the company, ...

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Fox News Sunday host Chris Wallace said his goal is to give Kentucky US Senate candidates Jack Conway and Rand Paul "a fair shake" during their first debate Sunday on national television. extra description.

Today in Tech: <b>News</b> around the Web - Fortune Tech

A round-up of the companies, deals, and trends that made headlines. Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter.


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After the coffee. Before deciding whether I should see the new "Wall Street" when I know I'll just sit there picking it apart for two hours.


Status update. Has a movie gotten more ink lately than "The Social Network"? The Scott Rudin-produced, Aaron Sorkin-written look at the birth of Facebook is generating tons of controversy about how it portrays Facebook founder Mark Zuckerberg, who has made it clear he is not a fan of the movie and it's not just because Jesse Eisenberg is playing him. This time, it's the Los Angeles Times and Wall Street Journal weighing in with stories on the film and Facebook's efforts to derail it.


Is greed still good? When Oliver Stone was making his sequel to the 1980s classic "Wall Street," he reached out to the street for help. Besides cameos from big shots Warren Buffet and James Chanos, he got several well-known Wall Street players to consult on the film even though Stone's politics are on the opposite end of the spectrum from the masters of the universe. Said Vincent Farrell, the chief investment officer of Soleil Securities of the apparent contradictions: "I'm like everybody else, totally starstruck." The Los Angeles Times with a peek behind-the-scenes of "Wall Street: Money Never Sleeps." Meanwhile, the New York Post notes that no one is getting rich from their cameos in the movie.


Don't let the door hit you on the way out. Another top Disney executive has resigned, the latest high-profile departure at the Mouse House. This time it's Internet chief Steven Wadsworth who is stepping down. According to the New York Times, Wadsworth was viewed as a "weak link" among Disney's management team (guessing that'll be one subscription to the gray lady that will be canceled) and his performance in the job was forcing Disney CEO Bob Iger to "spend an outsize amount of time managing the division." Not sure what an "outsize amount" translates to in terms of minutes of the day, but it doesn't sound good. 


CNN shakeup? Is CNN U.S. President Jon Klein headed for the exit? FTV Live, a TV news website that is often on the money, says CNN will announce that Klein, who has struggled to turn around the cable news channel's prime time network, will be replaced by Ken Jautz, a CNN executive vice president who oversees HLN, CNN's sister network, whose ratings have grown lately. Of course, the timing is a little odd, since CNN has already named a replacement for Larry King at 9 p.m. and has a new show at 8 p.m. launching shortly.


Not a fan of the 99-cent store. Viacom Chief Executive Philippe Dauman is the latest to bash Apple's dream of renting TV shows on iTunes for 99 cents an episode. While Disney and News Corp. have signed on for a test run, other major media conglomerates are steering clear because they think the price is too low and the risk their to core businesses too great. "We don't think Apple has it quite right yet," Dauman said. More from Reuters.


Where were the teabaggers? The moderates made gains in the election for board seats of the Screen Actors Guild. The actors, including Ron Perlman, won all 13 of the seats up for election and are advocates of a merger with American Federation of Television and Radio Artists. News and analysis on what it all means from the Los Angeles Times and Deadline Hollywood.


Inside the Los Angeles Times: The much-anticipated (but not by me) sequel to "Wall Street" is expected to take in $20 million in its opening weekend. David Letterman says he was not in on Joaquin Phoenix's crazy act; a writer on the show begs to differ. 


-- Joe Flint


Twitter.com/JBFlint



Your awkward family photos already make for hilarious comedic relief on the popular blog Awkward Family Photos. Beginning today, those photos will also score you at least 33.3% off your next family vacay to Orlando and potentially much more, as Virgin America has partnered with the meme blog to promote its upcoming new service to Orlando.

Virgin America is encouraging families to upload their most awkward photos to Awkward Family Photos (AFP) for a chance to win four roundtrip tickets to anywhere the airline flies. Submissions will be accepted via AFP and Virgin America’s Facebook Page through Oct 5, at which time the 20 most uncomfortable finalists will be selected and put to a public vote.

AFP voters will decide on the winner of that prize, but one California entrant will also be handpicked by Virgin America and AFP to win an Orlando family getaway including flights and accommodations. “The winners will be whisked in style from Los Angeles onboard Virgin America’s celebratory flight and greeted on arrival in Orlando at a red carpet welcome party hosted by Virgin Group Founder Sir Richard Branson,” according to the announcement.

The grand prizes are enticing, but even if your family’s awkwardness is not the most awkward of all (perhaps a good sign), you can still get the 33.3% family discount (for parties of three to six people) on a Virgin America Orlando flight. The same discount applies to Awkward Family Photos lookie loos who vote on their favorite submissions.

Prizes aside, the Virgin America Orlando promotion is quite interesting given the airline’s unorthodox choice for a contest partner. Instead of a Twitterclass="blippr-nobr">Twitter or class='blippr-nobr'>Facebookclass="blippr-nobr">Facebook-driven campaign, Virgin America is opting to partner with a niche blog for a specialized purpose.

AFP, like many other many meme-oriented blogs and viral sensations, survives by making money through advertising, online stores and book sales. When Internet users vote with their attention, a meme is born. Virgin America appears to see opportunity in affiliating their brand name with an online pop culture phenomena, potentially paving the way for more big brand meme partnerships to come.

At the end of the day, the AFP photo contest is an interesting twist to social advertising and promotion norms that celebrates and supports class='blippr-nobr'>Internetclass="blippr-nobr">Internet memes — what an awkwardly appropriate way to launch a new city.

Image courtesy of Awkward Family Photos

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

Catherine Herridge - Fox <b>News</b> | Gender Discrimination | Age | Mediaite

The US Equal Employment Opportunity Commission filed a complaint yesterday against Fox News for a gender and age discrimination case dating back to 2007. The FNC correspondent, Catherine Herridge, is still an employee with the company, ...

Fox <b>News</b>&#39; Chris Wallace to moderate Rand Paul-Jack Conway debate <b>...</b>

Fox News Sunday host Chris Wallace said his goal is to give Kentucky US Senate candidates Jack Conway and Rand Paul "a fair shake" during their first debate Sunday on national television. extra description.

Today in Tech: <b>News</b> around the Web - Fortune Tech

A round-up of the companies, deals, and trends that made headlines. Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter.


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