The long tail vs Pirates

Some thoughts from Rafat following the publication of The Long Tail which coincided with the all-time-record opening weekend of Pirates of the Caribbean which brought in $132m.

The conclusions: Blockbusters will continue to succeed even as niche media proliferates…a long-tail world doesn’t threaten the whales or the minnows…It threatens those who cater to the neglected middle, such as writers of “mid-list” fiction and producers of adult dramas. Also, competitive economics aren’t going away. As long as people herd, there will be blockbusters in one form or the other.

Wired re-Wired

Wired News report that Condé Nast is buying…. Wired News

Lycos is selling its Wired News unit to Condé Nast Publications for $25 million, Lycos parent Daum Communications announced in Korea late Tuesday, a deal that brings Wired.com and Wired magazine under the same owner after an eight-year separation.

Lycos acquired Wired News as part of its June 1999 acquisition of Wired Digital in a stock transaction valued at about $83 million at the time. Since then, Wired News has published Wired magazine articles on the web under a contractual relationship, while reporting independently on technology and science news.

Tuesday’s deal includes all the assets of Wired News, such as the website, news content and domain name, but leaves Lycos in control of former Wired Digital properties such as HotBot, Hotwired and Webmonkey. Upon completion of the transaction, the assets of Wired News will be operated as part of Condé Nast Publications’ web division, CondéNet. No layoffs at Wired News are planned as a result of the deal.

by Jim Muttram