Conventional wisdom is that when times are tough, Americans go to the movies. Favorites in our Silicon Valley neighborhood, according to Netflix, include "Outsourced," a movie about a laid off call center employee sent to India to train his replacement; and the "King of Kong." What are yours? Cast your ballot.
The television networks are up against a perfect storm: Ratings stink; piracy is rampant, as viewers migrate to the web; and now, thanks to this little credit crisis, advertisers are expected to cut ad spending or cancel buys.
If it wasn't immediately obvious why Comcast forked over a reported $150 million for Plaxo, a social networking site, it may become clearer later this month, when Plaxo officially launches Fan Pages for FanCast, Comcast's online video site. The social features available in beta now let users join fan groups of various TV shows, where they can share episodes and discuss plot developments to their heart's content with fellow obsessives.