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nextMEDIA: Re-Engineering the Broadcast Business

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For a full index of all the posts related to nextMEDIA, check out BrandingDavid.com where I will be updating everyone on various session

Dominique-Sebastien Forest, Raja Khanna, and Barbara Williams were the main panelists of this session with Robert Montgomery as the moderator. Brad Murphy, VP Sales at Revision 3 was also supposed to attend, but he had the flu and didn’t want to travel. To me, that was a sad change, since I was hoping to meet him, but understandable as they slowly reduce their costs for running their business, despite announcing great numbers for their potential income.

Robert Montgomery took a fair bit of time to explain the broadcast business online, and what it meant to video productions, and valuations on investments.

“The web of 2002 was the web of destination… now the model has emerged to be more content focused” – Dominique-Sebastien Forest.

[Read more…]

Originally posted on November 18, 2008 @ 3:01 pm

First online auction marketplace launches for growing small businesses

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The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, has launched its proprietary patent-pending trading platform to conduct live trading of accounts receivable. At The Receivables Exchange, U.S. businesses (Sellers) are able to increase their cash flow and free up their working capital by having their outstanding receivables bid on in real-time by a global network of institutional investors (Buyers).

The Receivables Exchange is changing the landscape of business financing by providing a new dimension in working capital management. The Exchange connects millions of small and mid-sized businesses (Sellers) in search of capital to a global network of institutional investors (Buyers) looking to broaden and diversify their portfolio. Buyers get direct access to an $18 trillion new investable asset; Sellers are introduced to a new source of liquidity by having their receivables competitively bid on in real-time by multiple Buyers.

“The Receivables Exchange was founded on the fundamental belief that America’s small and mid-sized businesses should have better access to working capital,” said Justin Brownhill, co-founder and chief executive officer of The Receivables Exchange. “In today’s credit crisis, we’re hearing from CEOs and CFOs across the country that the need has never been greater for them to identify alternative funding sources to reinvest into their businesses in order to maintain their success.”

Originally posted on November 17, 2008 @ 9:22 am

Circuit City files for bankruptcy

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Circuit City is not yet done with its announcements. Last week, the 59-year old store said that it is closing 155 of its stores in order to remain profitable. Today, the company said that it is also filing for Chapter 11 bankruptcy protection. Best Buy and Walmart is expected to benefit from this.

Originally posted on November 10, 2008 @ 1:48 pm

It’s closing time for 155 Circuit City stores

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Circuit City Stores Inc. is closing 20 percent or 155 of its stores in the U.S. by December 31 to ensure profitability. The closure would leave 17 percent of its workforce without job by the end of the year. With the economy expected to remain dull, Circuit City said that the company will reduce store launches and will renegotiate leases and terminate agreements if needed.

Originally posted on November 3, 2008 @ 11:02 am

Forbes.com launches Intelligent Investing

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Forbes.com has launched Intelligent Investing, a new section of the site that provides groundbreaking analysis and insight about the current economic and business climate.

“Intelligent Investing uses the power of the Web to engage our audience with the savviest minds in business on topics that resonate from Wall Street to Main Street,” said Forbes Chairman, CEO and Editor-In-Chief Steve Forbes. “Nowhere else will you find such ready wisdom – distilled into an easily-accessed, multimedia package – than on Forbes.com, the world’s leading business journalism site.“

Each week Steve Forbes will host a thoughtful, long-form interview with influential and insightful guests that will include the best market strategists, forecasters and money managers from Wall Street and beyond.

The video interviews are searchable via a scrolling transcript of each discussion. Visitors also have access to a detailed “Briefing Book” that Forbes journalists put together about every guest. The online, downloadable book also contains the text of Steve’s provocative introductory monologue to each program.

Originally posted on October 20, 2008 @ 3:49 pm