Latest Updates
Showing posts with label Digital. Show all posts
Showing posts with label Digital. Show all posts

Digital economy or bust: the story of a new media startup - part 31

Digital economy or bust: the story of a new media startup - part 31
Speechwriting, badger racing and posts about Ricky Gervais – it was time for a change with £15k on credit cards
Sam here. I'm on the train up to the Edinburgh television festival. Our friend's not coming. Not enough money in the Enter4Entertainment expense budget, I said.
Now, I had to deliver a bit of bad news last week, but this is the weekend of truth. Obviously there will be a couple of posts about Ricky Gervais (who he, eh?) and all that, but there's a meeting at half three with Rupert Sawyer. Got a job for me, he says, on email, going to be one of the telly ideas, help him out in development – you know, badger racing, that sort of thing. Might be time for a change with £15k on the old credit cards.

"Hiya," said Sawyer downstairs at the conference centre. "I gotta go, meeting, but look I've brought along Sonia to sort things out."
Hang on, I thought, as Sonia, Rupert's frumpy head of press, sat down. What sort of job in telly was she going to offer me? "I thought …" I began.
"Rupert wants you to write a speech for him for next month, we'll pay you £1,000," she said. Obviously, I said yes, but in that moment I realised I would have to un-resign.

Digital jukebox Spotify on track to report modest first profit

Digital jukebox Spotify on track to report modest first profit

Music streaming service Spotify now has almost 2 million paying customers

Spotify, the digital jukebox, is forecast to report a profit for the first time when it publishes its 2010 results later this year, in the biggest indication yet that a business model is emerging that could stem the millions lost to music piracy.

Already ahead of iTunes as the biggest digital music retailer in Sweden and Norway, Spotify now has 1.9 million paying subscribers in the US and Europe, although most of its 6 million active users still use its song library for nothing.

The music streaming service lost nearly £17m in the UK alone last year. But industry expert Martin Scott at Analysys Mason forecasts that the company will report revenues of €59m (£52m) for the year to December 2010, compared to just under €13m in 2009.