As the global recession has hurt every aspect of the economy, some sectors are thinking outside of the box to gain a competitive advantage and boost the market value of their stocks and exchange traded funds (ETFs).
Sony (SNE) has recently been in talks with Google (GOOG) to post movies on YouTube. As of now, no major Hollywood production company shows full-length films on YouTube, which is the Internet’s most-viewed site. By posting full-length movies on the Internet, film companies will be able to reach a broader audience and keep up with society’s changes and likes, states Andy Fixmer and Brian Womack of Bloomberg.
This will not be an easy task to deal with because of the pressures that come with film piracy. However, CBS (VIA) and Walt Disney (DIS) have already started to put clips and full-length episodes on You Tube.
To add more spark to the technology sector, Intel (INTC) has announced that its venture capital arm is eyeing investments deals in the $10 million to $50 million range. The company’s mandate is to provide funding to foster technologies that will later help microprocessor sales, states Ian King of Bloomberg.