Finance
U.S. CIO Aims to Cut Legacy Spending, Proposes IT Modernization (CIO)
With the startling new finding that federal agencies spend about three-quarters of their IT budgets on keeping legacy systems running, is it any wonder that the administration is p... More
Traditional Media Spend Slows, Digital Maintains Strong Growth (MediaPost)
Global consumer spending for traditional media will continue to slow down to under a 1% growth rate in coming years -- while digital media consumer spending will maintain double-di... More
Report: Netflix Availability Bad News for Movie, TV Spending (MESA)
Once Netflix becomes available in a region, everyone else who deals in the sale of movies and TV is hurt, according to a new report, and spending on Netflix doesn’t make up the o... More
It’s Official: Tech Spending Is Slowing Down in 2016 (Recode)
After several years of consistent growth, the world’s information technology industry is on track to experience the biggest slowdown in spending by individuals companies and gove... More
Why Streaming Services Play a Vital Role in Building a New Music Economy (The Drum)
Opinion: The global streaming data is indicative of how our listening habits and behaviours have changed as consumers. What used to be the gold standard for the number of physical ... More
Netflix’s Global Push Means Big Spending in Small Countries (The Hollywood Reporter)
Netflix's splashy spending at Sundance grabbed headlines, but the real story may be how the streaming giant is splurging on original content overseas. Netflix in 2016 is projected ... More
Data Analytics Among Top Trends Driving IT In 2016 (Thoughts on Cloud)
Data analytics continues to be one of the top areas of IT investments and organizations expect to substantially increase their spending in this area in 2016. That is one of the pre... More
Lights, Camera, Activation: Super Bowl Studio Spending Soars (AdAge)
A year after Universal Pictures sucked all the air out of the category with an audacious six-spot buy, rival studios are reasserting themselves with more aggressive investments in ... More
Amazon Posts Sales, Earnings Gains (MESA)
Amazon on Thursday announced sales of $35.7 billion, up 22% year over year, and a profit of $482 million, up more than double from the $214 million the company posted the fourth qu... More
Sony Sees Best Q3 Profit Since 2008 (MESA)
Sony Corp. rode big gains from its gaming and film divisions to post its best fiscal third quarter profit since 2008, the company reported late Jan. 28. The company posted operatin... More
Quantum Rides Scale-Out Storage Revenue to Operating Profit
By Chris Tribbey Scale-out storage, archive and data protection solutions company Quantum posted operating income of $2 million for its fiscal third quarter (ended Dec. 31) thanks... More
Security and Innovation Driving Transformation of the CIO – Study (Information Age)
The increased prominence of technology in the workplace continues to shift the role of the CIO, according to new research. In a study by Insight UK, 79% of business decision makers... More
Venture Capitalists Chase Rising Cybersecurity Spending (MIT Technology Review)
The rash of headline-grabbing cyberattacks on major companies over the past few years has made one thing abundantly clear: it’s not enough to rely only on traditional security ... More
PwC: Media Spending on the Rise (Multichannel News)
Spending on media and entertainment is expected to rise by about 5% in the U.S. in the next five years to $723 billion, as consumers continue to blur the lines between digital and ... More
PwC: 2014 Saw More — and More Expensive — M&E Industry Deals (MESA)
In 2014 there were 890 deals made in the entertainment, media and communications (EMC) industries, up 3% from 2013, and the value of those deals increased by more than 90%, mostly ... More