Today we celebrate American independence with grilled meats, explosions and booze. This holiday weekend is also a pretty good time to buy a car. You will find plenty of dealerships with inflatable Uncle Sams or bald eagles (please someone find me a picture of this) promising "explosive deals!" Now there are some folks for reasons that can only be explained as "patriotic," that will only "buy American." Of course most of these people are not aware that the Camaro is made in Canada and the Accord is made in Ohio. With globalization it becomes harder and harder to determine what car really "belongs" to what country. So instead of looking at geography and production, what if we took a more abstract approach? Because the spirit of American independence is not really about where you are from, but rather how you think. So what vehicle that is currently for sale really embodies that independent spirit? For me it would be the Tesla Model S. After all it is made here in the U.S. of A, but more … [Read more...] about What Is The Most “Independent” New Car For Sale?
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Hulu is going to finish 2012 with about $695 million in sales and more than 3 million paying subscribers, according to CEO Jason Kilar, who today disclosed the news in a blog post. He also said that Hulu's revenue had grown 65 percent from 2011, without mentioning whether the company was profitable. "We are closing on a big 2012," Kilar said, in what had to be a moment of schadenfreude given that negotiations to sell the company last year foundered over the price of any deal. "The number of Hulu Plus subscribers has more than doubled over the past year," Sklar wrote. He added that in 2012, Hulu had more than 1,000 advertisers, 28 percent more than last year. Hulu, which is owned by Walt Disney, News Corp., and Comcast NBC Universal, was reportedly on Apple's radar as an acquisition target earlier in the year. Among other potential suitors, Google, Amazon, and Microsoft have also been mentioned as having shown interest in buying Hulu. … [Read more...] about If Hulu’s still up for sale, the price of any deal just went up
A report from AllThingsD said several potential purchasers have reached out to Hulu's corporate owners, though none have made a formal offer. The site lists Ross Levinsohn, the former interim Yahoo who now works for Guggenheim Partners, as one potential acquirer. Yahoo and Amazon are a couple of others that have "kicked the tires," AllThingsD said. Related stories: If Hulu's still up for sale, the price of any deal just went up Hulu CEO finally announces his departure The half-cut cord: What's bugging me about cable Hulu, Yahoo, and Guggenheim Partners declined to comment. We've contacted Levinsohn and Amazon and will update the report when we have more information. Hulu buyout rumors have popped up pretty often over the past couple of years. The company's owners, which include Walt Disney and News Corp., put the company up for sale in 2011 but called off the process later that year, saying Hulu "holds a unique and compelling strategic value to each of its owners." However, since … [Read more...] about Hulu may not be for sale yet, but buyers are lurking
If smartphone sales grow in 2018, the industry might have the iPhone X to thank. The irony is that that growth may have everything to do with the iPhone X being hard to get in 2017.A Gartner study forecasts that 2018 will be the first year of smartphone growth since 2015, with sales cooling off in 2016 and 2017. Shipments are expected to total 1.9 billion units, up by 2 percent from this year.The iPhone X should be the engine pushing the train forward in key regions like North America, Western Europe and China. Since Apple's marquee phone won't arrive until November, sales should continue into 2018.Gartner's online study polled 16,537 respondents in the US, UK, Germany, China and India in June and July 2017. Now Playing: Watch this: Top 5 reasons to buy the Apple iPhone X 2:12 The iPhone X is also rumored to face production shortages, which could lead to a limited supply upon release. If these reports are accurate, people may not be able to get … [Read more...] about iPhone X could make 2018 phone sales great again
Viacom said Thursday that the company plans to put "Rock Band" developer Harmonix up for sale, admitting that the company didn't understand how to sell video games. Media powerhouse Viacom reported net income of $461 million on revenue of $3.3 billion for the quarter. Those results included charges of $260 million on Harmonix goodwill and the writedown of "Rock Band" assets. Harmonix was classified as a "discontinued operation". "Our decision to exit this [Harmonix] business reflects our strategy of focusing entirely on what we do best, make great branded entertainment content and deliver it through a variety of platforms," said Phillippe Dauman, the company's chief executive, in a transcript provided by Seeking Alpha. Harmonix lost $65 million during the third quarter, but it would have been higher if the company hadn't pursued a "transaction" with third parties, Dooley said. "Harmonix has and will continue to create terrific video games, but for us, it is about focus," Dauman … [Read more...] about Viacom Puts ‘Rock Band’ Developer Harmonix Up for Sale