Things I Like About London

I’ve been here nearly two weeks and very much enjoying it so far.  Here’s what I like about London:

  1. The work-life balance.  People work hard during the work day but there are boundaries.  Working late or on the weekends is anathema here.
  2. The cosmopolitan nature of the City.  Besides Brits, I’ve hung
    out wiith Aussies, a Canadian, an Irishman, a Hungarian and
    Icelanders.  And that was just in the past week!
  3. The food options.  The chains here like Pret a Manger or Eat.
    are *much* higher quality than the food in the States with lots of organic options.  Ethnic
    choices abound.  I’m especially digging the Middle Eastern cuisine.
  4. Sundays. It seems to be a veritable rite to pass Sundays at a
    pub.  I did just that with my
    friend Bryan last Sunday watching Man U beat Chelsea (at a pub in
    Chelsea).  I suspect this will become all the more frequent as the
    weather gets colder.
  5. The mix of the old and the new.  London has thrived by reinventing herself with the changing times — the skyline in the picture below says it all with St. Paul’s Cathedral flanked by cranes and modern office buildings in the financial heart of the City.

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Most Americans Aware Of HD Radio

So apparently concludes a survey, soon to be released, by Critical Mass Media from a study conducted on behalf of a HD Radio industry organization where they claim that 75% of Americans are aware of HD Radio.  I don’t think 75% of Americans are aware of the Internet let alone HD…I guess I’m skeptical.

Project Playlist Gets Funded By…

Mystery investors…they raised $3 M, which came to light in PE filings, but it’s not clear who funded them as GigaOm and others point out.  Project Playlist enables people to stream mp3s that are in the web through widgets and aggregate these files.  They have attracted a lot of traffic so it is clearly resonating with users, however the labels believe they operate in a gray area (at best).  Maybe  the investors want to keep their identities secret to avoid the labels going after them for what they might consider an infringing service, considering the recent Napster settlements.

Peace One Day Concert

I was lucky to be able to attend the Peace One Day Concert last Friday.  Peace One Day is a NGO founded by filmmaker Jeremy Gilley, which Brightcove is proud to be a supporter of.  In his words:

I founded Peace One Day in 1999 to document my efforts to create an
annual day of global ceasefire and non-violence with a fixed calendar
date. In 2001, POD achieved its primary objective. United Nations
General Assembly resolution (A/Res/55/282) was unanimously adopted by
UN member states, formally establishing an annual day of global
ceasefire and non-violence on the UN International Day of Peace, fixed
in the global calendar on 21 September – Peace Day.

This culiminated in a benefit concert at the Royal Albert Hall with performances by Corinne Bailey Rae, Kate Nash, Marc Almond, James Morrison, Yusuf (Cat Stevens) and Annie Lennox.  What a wonderful event.  It was 3 hours but didn’t feel that long.  Having short sets from the performers interspersed with messages from the speakers was a good format.  Corinne Bailey Rae and Yusuf were the highlights for me – they have wonderful, sweet voices, which sounded great in such an exquisite setting.  However, Annie Lennox was the one the crowd most wanted to see, and she delivered with an energetic, passionate set.  Congrats to Jeremy Gilley and the Peace One Day team for pulling off such a memorable event.

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Interesting Factoids on Digital Music

I attended a seminar given by Screen Digest yesterday.  Their digital music analyst, Dan Cryan, gave a presentation of some of his research.  Some of the more interesting factoids:

  • 93 M MP3 player users in North America & Western Europe (not counting mobile phones)
  • There’s a high degree of correlation between spending per capita on digital music and mp3 player penetration.  This seems intuitive but points to how the download market is being driven by non-PC hardware.
  • Hardware-based retail services account for 80% of the market
  • iPod penetration is much lower in Germany and Spain relative to generic MP3 players
  • Spain’s digital music market has been decimated since the judicial ruling that essentially made p2p downloading legal for personal purposes

Wag The Chin: WebTV Panel In London

I was honored or, I should write, honoured, to participate in the WebTV Takeover event put on by the good folks at Chinwag last night.   I like the format of these events.  They charge a reasonable fee (about 25 or 30 GBP) and provide snacks and drinks for the first hour or two.  That encourages mingling beforehand.  Also, since the attendees are doing this on their own time and often at their own expense, they are much more engaged than your typical conference panel with bored onlookers constantly checking their Blackberries (including yours truly).  The discussion was more than 90 minutes long and wide-ranging covering delivery mechanisms, business models, content, net neutrality and even whether Americans are fat.  All in all, the issues here are very similar to the ones in the US.  Some key differences include the vibrance and prominence of the independent production community here vs the US, the greater concentration of ISP market penetration here and public funding of the TV via a license.   The major broadcasters, the BBC, Channel 4 and ITV all have broadband VOD products that allow consumers to catch-up on their viewing, which the US broadcasters have started to do but not in as big of a way.

Paidcontent UK covered it here (with terrible picture of me — Rafat, you have to train your stringers on how to use cameras!) and here as did Eaon Pritchard, Alan Patrick, and Fiona Blamey.

[Personal] A New Chapter: London Calling

This year has been full of life
changes for me:  In the next day, I’ll be relocating to London for the next several months, and possibly
longer, to
help ramp Brightcove’s efforts in the UK and EU.  As many of you
know, one of the precipitating factors to this move has been a change
in my personal circumstances where over the past 9 months, Dara and I
came to the realization that we were perhaps much better as friends
than
husband and wife.  The process has been
painful, emotionally fraught and the hardest thing we’ve ever been through.  But it has also been healthy for us, illuminating, even liberating, and I’m
glad we figured
it out now before our lives got much more complicated. 

There have also been silver linings: I have
learned much about myself and gotten closer to friends and family
through the wonderful support they’ve offered.
  I’ll forever be grateful to Dara for the fond memories, for her
patience, her love, for teaching me so
much and making me a better person more comfortable in my own skin.  I feel blessed to know her.


The other silver lining in all of this is that I’ve always wanted to
live abroad and travel extensively, with London holding a special place
in my heart.  So I’m really looking forward to my new adventures, to
seeing new places and meeting new people.  I’ll be through Boston
and New York fairly regularly but, if you’re based in the UK/EU or
headed my way, drop me a line!

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eMarketer: More People Buying Less Music

eMarketer came out with a report on music purchasing using data from Bridge Ratings and the Census.  32% of the US population purchased music last year, compared with 27% the year before and 20% in 1980.  Of course, due to the unbundling of the album online, the $120 spent per capita in 2006 is much lower than the $228 per capita number just 6 years earlier in 2000, which results in a drop in overall revenues.  This is somewhat intuitive but it’s good to have data backing it up.

 

US Music Purchasers, 1980-2006 (% of population)

 

Annual Music Spending per Capita in the US, 1980-2006

Off topic: Russell Peters, Dane Cook @ The Comedy Connection

Late Friday afternoon, I found out that Russell Peters was going to be in town giving several performances at the Comedy Connection, located in Boston’s historic Quincy Market building.  Russell Peters is a Canadian comic and an underground phenomenon.  In fact I heard of him from some of my relatives and parents’ friends. So I scrambled and was able to get 3 tix to the otherwise sold-out shows.Img_0029 

He did not disappoint.  I haven’t laughed that hard in a long, long time.  Notwithstanding his name, Russell is South Asian and his sets are full of witty observations and impressions of various ethnic groups.  And it shows in the audience that attends his shows:  south asians, asians, blacks, arabs, latinos, whites, they were all there last night laughing away.  Below are some clips from Youtube (not for those easily offended by non-PC jokes).

His opening act, Shane Moss, did a good job as well.  I’ve seen opening acts bomb and then get desperate to try to get the crowd laughing.  Shane had a nice delivery and some really funny bits.

After Russell’s set, to the crowd’s delight, Dane Cook made an appearance and did a set.  It was a pleasant surprise but I actually found him to be the least funny of the 3.  Img_0032


Apple Gets Into Ringtones

Apple made a slew of announcements today about new, lower iPhone pricing, new iPods and traction of the iTunes store.  One of the announcements that got relatively little attention but could be disruptive in its own way was the support of ringtones via the iTunes store.  For an additional $0.99 (on top of the price of the song) you’ll be able to create your own ringtone from 500,000 odd tracks that they’ve licensed for this purpose.   This is better for consumers in three ways: 

  1. The total price of $1.98 is lower than what most carriers charge.
  2. 500,000 tracks means a lot of choice compared to what is readily available on a carrier’s deck.  I don’t know what those numbers are but I’m guessing the carriers’ decks don’t offer ‘mid – long’ tail content as ringtones.
  3. Consumers have more choice as to what part of the song to select for the ringtone as opposed to being forced to use the part that someone else chose for you.

There has been software like Xingtone that has allowed consumers to create their own ringtones from music they already own.  A newer, web-based service, Phonezoo, is what I call ‘youtube for ringtones’ whereby consumers can create, upload and share ringtones that they’ve created. 

These new services could be disruptive for carriers and middleman ringtone distributors especially given the slowdown in the overall ringtone market.

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