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Submission + - Streaming and Cord-Cutting Take a Toll on the Pay-TV Industry (deadline.com)

ClarkSchultz writes: Harris Interactive confirms that consumers streaming video content prefer the practice of binge viewing.The news isn't a big shocker to streaming concerns such as Netflix, Amazon, and Redbox Instant which have been mining viewer habits data, but it has an important read-through for broadcasters like CBS, NBC, Fox, and ABC. Though ad rates could fall if more viewers wait until series are available for streaming, the payoffs for quality content are proving lush: 1) CBS says it paid $700K per episode for streaming rights to Under the Dome 2) AMC Networks has pointed to Netflix as contributing to the success of Breaking Bad after initial ratings were soft. If streaming wins, who loses? Front and center is the Pay-TV industry. A wave of merger rumors (Charter/Cox/Time Warner Cable/Comcast/Dish Network) indicates the industry knows the trend of subscriber losses to the cord-cutting phenomenon will continue. An online TV initiative from a tech heavyweight like Sony, Apple, Google, or Intel could also disrupt the industry enough to put cable and satellite companies into an even bigger tailspin.

Submission + - Was Julian Assange Involved With Wiretapping Iceland's Parliament? (newsoficeland.com)

An anonymous reader writes: Wired reports that the chat logs between Bradley Manning and Julian Assange that were used as evidence in Manning's trial have made it onto the web, at least briefly. One of those logs contained something very interesting on page 4, which was picked up on by the News of Iceland, which reports, ""Jesus Christ. I think that we have recordings of all phone calls to and from the Icelandic parliament during the past four months". This text can be found in documents that the US military published on its website and is said to be part of the conversations between Julian Assange and Bradley Manning. According to the documents, Assange claims to have phone call recordings from Althingi, the Icelandic parliament, but this is the first time that the existence of such data is mentioned publicly. ... According to Icelandic laws, it is required to inform the person you are speaking with if the phone call is being recorded. Given that the parliament is not violating laws it is clear that Assange or his associates would have to have installed recording devices or wiretaps in the parliament." — What makes it even more interesting is that Wired also reports in this recent story: Someone’s Been Siphoning Data Through a Huge Security Hole in the Internet. Apparently there is more going on in Iceland than meets the eye.

Submission + - US Issues 30-Year Eagle-Killing Permits To Wind Industry

Hugh Pickens DOT Com writes: Lindsay Abrams reports at Salon that in an attempt to encourage the growth of wind power, the Obama administration has announced that it is offering wind farms 30 years of leeway to kill and harm bald and golden eagles. The new regulations, which were requested by the wind industry, will provide companies that seek a permit with legal protection, preventing them from having to pay penalties for eagle deaths. An investigation by the Associated Press earlier this year documented the illegal killing of eagles around wind farms, the Obama administration's reluctance to prosecute such cases and its willingness to help keep the scope of the eagle deaths secret. President Obama has championed the pollution-free energy, nearly doubling America's wind power in his first term as a way to tackle global warming. Scientists say wind farms in 10 states have killed at least 85 eagles since 1997, with most deaths occurring between 2008 and 2012, as the industry was greatly expanding. Most deaths — 79 — were golden eagles that struck wind turbines. However the scientists said their figure is likely to be "substantially" underestimated, since companies report eagle deaths voluntarily and only a fraction of those included in their total were discovered during searches for dead birds by wind-energy companies. The National Audubon Society said it would challenge the decision. ”Instead of balancing the need for conservation and renewable energy, Interior wrote the wind industry a blank check,” says Audubon President and CEO David Yarnold. "It’s outrageous that the government is sanctioning the killing of America’s symbol, the Bald Eagle."
Businesses

Should the US Copy Switzerland and Consider a 'Maximum Wage' Ratio? 1216

Hugh Pickens DOT Com writes "John Sutter writes at CNN that as Swiss citizens vote on November 24 to consider capping executive pay at 12 times what the lowest-paid worker at a company makes in a referendum. Some say the idea of tethering top executive pay to some sort of concrete metric might stop American execs from floating further into the stratosphere. 'Here in America, the land of unequal opportunity, the CEOs of top-500 companies make in a single day about what it takes an average "rank-and-file" worker a year to earn, according to the AFL-CIO, the federation of unions,' writes Sutter. 'Democracy starts to unravel if a few people become wildly, ethereally successful, while the rest of a country struggles.' A $1 million salary worked for American CEOs from the 1930s to 1980s, says Lynn Stout. But CEO pay, including options realized that year, jumped about 875%, to $14.1 million, from 1978 to 2012, according to the Economic Policy Institute. 'What we've got is basically an arms race,' Stout says, 'where the CEOs are competing on pay because they each want to have higher status than the others.' Peter Drucker, the father of business management, famously said the CEO-to-worker salary ratio should not exceed 20:1, which is what existed in the United States in 1965. Beyond that, managers will see an increase in 'resentment and falling morale,' said Drucker. Stout has suggested that the IRS make CEO pay a non-deductible business expense when it's higher than 100 times the minimum wage. 'Limiting CEO pay to 100 times the minimum wage would still allow top execs to be millionaires,' concludes Sutter. 'And here's the best part: If the fat cats wanted a pay increase, maybe the best way for them to get it would be to throw political weight behind a campaign to boost the minimum wage.'"

Submission + - Blue Light of Death Plagues PlayStation 4

jones_supa writes: A classic game console freezing problem seems to affect the newest generation too. It has been found out that a bunch of Sony PlayStation 4s suffer of a problem which has been christened 'Blue Light of Death'. When a PS4 is turned on with a press of the power button, the light that runs along the side of the console should first pulse blue and then switch to white. At this point the console turns on the picture signal to the display device. Those who have a unit with the glitch are instead finding that their PS4 pulses blue, never goes to white and never outputs an image. We do not have accurate statistics of how widespread the issue is, but reports are popping up in Amazon reviews, Twitter, YouTube and other websites. PlayStation support is still in midst of investigating the issue, but has already posted a bunch of magic tricks you can try to get the console past the initial startup stage.

Submission + - PlayStation 4 sells 1mil+ consoles in 24hrs (playerattack.com)

UgLyPuNk writes: Shuhei Yoshida, President of Worldwide Studios at Sony, broke the news via Twitter:
PS4 has sold through over 1 million units within 24 hours of the launch in North America!!! :D
This officially makes the PS4 the fastest-selling PlayStation in history, narrowly beating the PlayStation 2, which shifted 980,000 units on its first day of release in Japan.

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