February 13, 2008

What’s It Worth? The Media Biz in Perspective

Just thought I’d dash off a quick note to put a few recent media-business items in perspective. The first one you’ve heard about extensively; you might find these others somewhat amusing…

Microsoft’s offer for Yahoo!: $44.6 billion
Oil company Exxon’s profit for just the 4th quarter of 2007: $11.7 billion
State of California’s budget deficit: $14.6 billion
Purchase price of HotOrNot, the online dating & rating service, as reported by TechCrunch: $20 million
HotOrNot’s annual revenue: $5 million
Budget for the movie “Cloverfield”: $25 million
“Cloverfield” box office gross for just its first four weeks: $76 million
Total investment received by video site Revver.com: $12.7 million
Debt currently owed by Revver.com: $1 million
Asking price to purchase all of Revver.com (and to assume its debt): $300,000-$500,000

And you thought the real estate market was irrational?

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Freddy is the Founder & Creative Strategist of Atomic Tango. He also teaches at the University of Southern California (go Trojans!), shoots pool somewhat adequately, and herds cats. Freddy received his BA from Harvard and his MBA from USC.

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