Happy New Year!
I wanted to quickly share my top 10 media predictions for 2011 with you all. Here we go;
1) Microsoft will buy Yahoo and Living Social
2) Google will up it's bid for Group On ...Group on will not budge
3) Netflix will be acquired by a movie studio and/or tech company
4) Apple will introduce lower price point IPADS/IPhones and partner with another major movie studio to increase its content
5)Both Google and Apple will help content producers monetize more efficiently and create less barriers of entry to take on established news media sources
6) Android will be the preferred OS for phones and tablets and gain market share over Apple
7) Huffington Post will increase market share, gain more investors and become one of the defacto news sources in 2011 and beyond
8) Photo Industry will become even that much more consolidated and you'll find Getty, AP and Reuters sign up as man content providers as they can get a hold of
9) The NYT metered pay wall will be the gold standard for how old media will be able to make money in the new media world
10) Facebook will go public Q4 this year and have a market cap of $65 billion dollars at its initial public offering!
So, let's revisit these predictions this time next year. What I do hope for, in addition to what I just predicted, is that similar to what Sharon Waxman had to say over at The Wrap..Media needs to change, innovate and take more risks than ever before in order to re-innvigorate the industry.
In the meantime, it's going to be a busy, exciting and interesting year for eveyone; Elevation Photos included!
Happy New Year!
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