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CEO: YouTube in Trouble, Too Many Users & Not Enough Cash

50°
283w ago - YouTube is about to go down the gurgler according to Benjamin Wayne, the CEO of Fliqz.

He stated in his blog that YouTube, was an "incandescent tower of video Babel; monument to the sloughed-off detritus of our exponentially-exploding digital culture".

However he claims that it has reached the zenith of its meteoric rise; and Icarus-like, wings melting; is spiraling back to earth.

Wayne pointed out that YouTube is on track to lose roughly $470 million in 2009 something its overlord Google is not going to be happy about.

He said that the economics are hard to overcome and there is no way that YouTube will make enough cash to be sustainable in the long term. The outfit would have to make $9.48 for every video impression shown something which they cannot do.

Wayne added that YouTube's traffic will grow and cost a fortune to run. He thinks that eventually the outfit will have to come up with a subscription.
 

Rumor: Want Cash for PlayStation Home? Collect Trophies!

200°
302w ago - There was a rumored meet and greet that took place in the Home closed BETA that released details of PlayStation Home's upcoming release.

The meet and greet was held by the 3 head's of Home (hosted by Locust_Star and CydoniaX, and also they brought in Tdog) and announced the following:

- Home will be for use by those only 18+
- To gain cash in order to purchase things in Home you'll need to collect trophies (Currency System)
- There will be a random weather generator that produces rain, snow, clouds, sun, etc.
- The Home Open Beta will begin December 15th or 30th of this year

Some Home users have called this fake... so like most rumors, this is unconfirmed until it's officially announced.
 

Activision want Harmonix to cough up the cash for guitar patch

50°
352w ago - And so we have finally got down to what this PS3 guitar compatibility patch is all about - cold hard cash. An Activision spokeswoman has been quoted as saying that any agreement between them and Harmonix will involve Harmonix writing out a check as Activision believe they should be compensated for use of their technology.

To quote: Activision spokeswoman Maryanne Lataif said her company was willing to work with Harmonix to make the various game controllers fully compatible with one another. "Unfortunately for Rock Band users, Harmonix has been unwilling to discuss an agreement that will allow us to provide that option in a manner that maintains the high standards people have come to expect from Activision," Lataif said.

She added that any agreement will involve someone at Harmonix writing a check. "We believe we should be compensated for the use of our technology," said Lataif.
 
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