economics of attention – Page 8

moving beyond “man bites dog” news

Sensational news has always been a seller for mass media. … Read the post moving beyond “man bites dog” news

movies and television shows are equal on Netflix

Netflix CEO Reed Hastings recently stated that Netflix subscribers watch about equal minutes of movies and television shows.[1] Those movies plausibly average 80 minutes in length, while the TV shows, perhaps 40 minutes. Hence Netflix subscribers watch roughly twice as many TV shows as movies. The secondary-market TV-show business developed largely as an adjunct to … Continue reading movies and television shows are equal on Netflix

media politics in a difficult media transition

Some points to ponder: In the U.S., a large number of lawyers, the FCC, and federal courts have spent years arguing about the use of f**k and similar words on broadcast television. Those words are regularly used on cable television. Why is the use of f**k and similar words on broadcast television so much more … Continue reading media politics in a difficult media transition

identify theft losses compared to fire property losses

Identity theft is a major problem. Among U.S. households, 6.6% had at least one member who was a victim of identity theft in 2007. These identity theft victims reported $14.6 billion in financial losses. For comparison, total direct property losses from criminal and accidental fires in buildings amounted to $10.6 billion in 2007.[1] Hence financial … Continue reading identify theft losses compared to fire property losses

time watching television continues to grow

Average television watching time per U.S. adult grew from 16 hours per week in 1995 to 20 hours per week in 2009. From 2003 to 2009, television watching time increased 9%.[1] Television watching time accounts for about half of total personal discretionary time and far exceed time spent on the web.[2] Not surprisingly, new media … Continue reading time watching television continues to grow