Daily Archives: September 12, 2006

Valley meets Hollywood: News Corp. Buying Jamba

The merger of Silicon Valley and Hollywood continued to accelerate this week. First there was the widely covered announcement by Apple of a new iPod with higher resolution capable of playing back movies. And those movies will be available on the same day of DVD release – yet another sign of the window compression underway in the entertainment industry. Why rent from Netflix or buy from Amazon when you can download the same film with a few clicks on the computer?

And linked here is a story about Rupert Murdoch’s News Corporation on the hunt again for high tech companies that advance the digital revolution. News Corp is taking a controlling interest in Jamba, a mobile entertainment company now owned by VeriSign.

News Corp. Buying Jamba