Diane Mermigas writes:
The big-league players in new media have suddenly found themselves split into two camps: the haves, like Google and Apple, that are making money hand over fist with leading new tech applications, and the have-nots, like Yahoo! and Time Warner, that are struggling to gain traction and revenue. ¶ It's a split that many did not expect to occur so soon in the conversion process, with so many traditional media companies playing catch-up to their digital broadband future. In fact, the contrast between these media companies -- one analyst called it "pretty amazing" -- is stunning, especially in a week of quarterly earnings and other announcements. ..."
Link: Hollywood Reporter.