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Some micro economics today:

Warner Brothers is going online!

As in, being a television network, but online only. We’ll be able to view shows like Smallville plus a lot of original made-for-online content. The premier sponsor of this online network is Johnson & Johnson. It, like traditional tv, will be supplemented with adverts (no idea if these will be banner ads, or please, no! interupt-the-show ads). Perhaps this should be macro economics not micro, as it really marks the new world of web 2.0. If they’re smart enough to let us watch on our computers, I hope they also know to let us watch it at a time that works for us, plus, include online forums to respond to the shows. Time will tell.

And in other news, Wrigley’s gum is going private again. Mars, Goldman Sachs and Warren Buffett are all going to own the chewing gum company. In typical, wry humour (or not) Buffett commented that he understood the gum business better than he could understand bank balance sheets. Wrigley stock surged by over 20% when the announcement was made.


Readers:  what’s your guess?  Will WarnerBrothers do it right?  (I’m thinking they will).  Will you be watching online?  I sure will.

About the Author

Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

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