Royalty Settlement May Be Music To Pandora's Ears [View article]
Yes, business may want less revenue, as long as they can cut even more cost with it. This is how downsizing works.
Even if the existing business does not get motivated, new business will get motivated. In this case, new Internet radio stations would be started to increase music supply. Those radio stations need to only cover the fixed cost, which would be very low to begin with, and they can only focus on getting audience without generating any revenue. Once they have enough audience, they can monetize the traffic. It is low risk business if without a minimum cap. The end result is over supply of Internet radio stations but very low level of monetization, which the music industry will hate to see.
Royalty Settlement May Be Music To Pandora's Ears [View article]
A revenue-based fee structure without a minimum cap will depreciate the true value of the songs and motivate radio stations to generate lower revenue. The rate may change, but the payment structure, revenue-based with a minimum cap, is unlikely to change.
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
Great. That gives your credibility that you are independent.
You did mention that "the flat-panel television description can be attributed to both Basic LCD and LCD 2.0 screens, but not the LCD 1.0 picture frames", but you were not specific in pointing out that LCD was nothing liquid crystal display at all, which was still my impression after reading your article. My intelligence was not up to the level to dissociate LCD from the common definition of LCD and re-associate it with the new meaning FMCN puts on. If you had kindly pointed that out directly, it would have saved my guessing work.
The "art" of the FMCN's press release is that it never said directly that LCD 1.0 poster frames are not liquid crystal display, but it does not exclude the possibility that it was not liquid crystal display. This may look smart now, but this does not help portray an honest company image.
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
What I can make out of from the company press release, your article and your comments is that the LCD 1.0 poster frame is not made out of LCD, but poster frame.
The company never directly acknowledged that they are not LCD, but used the following names, all suffixed with device.
When the company mentioned the same type of frames in its poster frame network, it used the word "traditional frames" without suffixing it with device.
I call this "miscommunication" in present continuing mode.
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
Where did you get this LCD 1.0 photo? It just does not look anything LCD but a common poster frame to me. First, it is too tall too wide and has too high resolution. Such LCD, if existed, would be very expensive. Second, such LCD would be very thick as well, and this photo shows a thin edge. Third, the surface is not glossy, not as reflective as the edge. It looks in every way like the non-digital poster frame you posted below it.
Why was this high-tech large-format high-resolution LCD 1.0 picture frame deployed in the second tier city without first deployed in the 1st tier city?
"The LCD 1.0 picture frame devices are included in the Company's LCD display network device count because, when the Company developed its LCD display network in Tianjin , Kunming and Shijiazhuang , it encountered difficulties in installing LCD screens or LCD 2.0 digital screens due to a lack of adequate power sources or other technical limitations, and therefore opted to use some traditional picture frame devices in these areas. Since the LCD 1.0 picture frame devices in these three cities were developed by the Company's LCD display network division, the Company has consistently included such devices as part of its LCD display network device count since it first began installing them. The LCD 1.0 picture frame devices also carry the Focus Media logo, unlike the traditional frames in the poster frame network. As disclosed in the Company's third quarter earnings release, the Company had 391,304 traditional frames available for use in its poster frame network as of September 30, 2011 . This number does not include the 29,878 1.0 picture devices in Tianjin , Kunming and Shijiazhuang as of the same date that are counted as part of the LCD display network."
-- this is from the company response... uhh... should we understand that this LCD does not need power to run? The text reads really fishy.
Advanced Battery Technologies: Solid Revenue Growth and Awesome Net Income [View article]
Congratulations to all ABAT believers for losing your shirt. If something is too good to be true, it probably is. If something sounds too fishy to be true, it probably is.
Global Sources: Major Concerns With One Of The Oldest China Reverse Takeovers [View article]
LOL, I would love to know where to find such a premium office building in Hongqiao. Hongqiao is the west suburban area. The land is much cheaper than downtown.
Harbin Electric: Who Allegedly Doctored SAIC Reports? [View article]
Quite the opposite, let me ask you: do you know what is changed in the new Schedule 14A? I bet you have absolutely no idea.
Let me hint you: if you read the new Schedule 14A and compare it with the previous one, you will find that one important party is trying hard to distance itself from the transaction.
Why Is Xinyuan Real Estate So Cheap? [View article]
Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
This site is dedicated to BVSN. Check it out folks.
Sino Clean Energy: Who Lied About the Weather? [View article]
Royalty Settlement May Be Music To Pandora's Ears [View article]
Even if the existing business does not get motivated, new business will get motivated. In this case, new Internet radio stations would be started to increase music supply. Those radio stations need to only cover the fixed cost, which would be very low to begin with, and they can only focus on getting audience without generating any revenue. Once they have enough audience, they can monetize the traffic. It is low risk business if without a minimum cap. The end result is over supply of Internet radio stations but very low level of monetization, which the music industry will hate to see.
So we do agree that there is a minimum cap.
Royalty Settlement May Be Music To Pandora's Ears [View article]
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
You did mention that "the flat-panel television description can be attributed to both Basic LCD and LCD 2.0 screens, but not the LCD 1.0 picture frames", but you were not specific in pointing out that LCD was nothing liquid crystal display at all, which was still my impression after reading your article. My intelligence was not up to the level to dissociate LCD from the common definition of LCD and re-associate it with the new meaning FMCN puts on. If you had kindly pointed that out directly, it would have saved my guessing work.
The "art" of the FMCN's press release is that it never said directly that LCD 1.0 poster frames are not liquid crystal display, but it does not exclude the possibility that it was not liquid crystal display. This may look smart now, but this does not help portray an honest company image.
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
The company never directly acknowledged that they are not LCD, but used the following names, all suffixed with device.
1. LCD 1.0 picture frame devices
2. traditional picture frame devices
3. 1.0 picture devices
When the company mentioned the same type of frames in its poster frame network, it used the word "traditional frames" without suffixing it with device.
I call this "miscommunication" in present continuing mode.
A Close Look At Focus Media's LCD and Poster Frame Network [View article]
Why was this high-tech large-format high-resolution LCD 1.0 picture frame deployed in the second tier city without first deployed in the 1st tier city?
"The LCD 1.0 picture frame devices are included in the Company's LCD display network device count because, when the Company developed its LCD display network in Tianjin , Kunming and Shijiazhuang , it encountered difficulties in installing LCD screens or LCD 2.0 digital screens due to a lack of adequate power sources or other technical limitations, and therefore opted to use some traditional picture frame devices in these areas. Since the LCD 1.0 picture frame devices in these three cities were developed by the Company's LCD display network division, the Company has consistently included such devices as part of its LCD display network device count since it first began installing them. The LCD 1.0 picture frame devices also carry the Focus Media logo, unlike the traditional frames in the poster frame network. As disclosed in the Company's third quarter earnings release, the Company had 391,304 traditional frames available for use in its poster frame network as of September 30, 2011 . This number does not include the 29,878 1.0 picture devices in Tianjin , Kunming and Shijiazhuang as of the same date that are counted as part of the LCD display network."
-- this is from the company response... uhh... should we understand that this LCD does not need power to run? The text reads really fishy.
Advanced Battery Technologies: Solid Revenue Growth and Awesome Net Income [View article]
Global Sources: Major Concerns With One Of The Oldest China Reverse Takeovers [View article]
http://on.wsj.com/nYmBxH
Google paid $650 per square foot for this Manhattan downtown building, cheaper than GSOL paid, even though they paid a very expensive 5% cap rate!
The Poor Misunderstood VIX: Why Barron's Is Wrong About Volatility [View article]
Harbin Electric: Who Allegedly Doctored SAIC Reports? [View article]
Advanced Battery Technologies: Solid Revenue Growth and Awesome Net Income [View article]
-- they don't indicate, they suggest.
Harbin Electric: Who Allegedly Doctored SAIC Reports? [View article]
Let me hint you: if you read the new Schedule 14A and compare it with the previous one, you will find that one important party is trying hard to distance itself from the transaction.