Tuesday, February 07, 2006

An Idea So Bad It Got Shut Down... Now Gets $50 Million: "There's still no clear reason why MovieBeam makes any sense at all. It didn't make any sense at all when it was announced two and a half years ago, and there's been little improvement. We actually assumed that it had been taken out back and shot last year when Disney shut down all the tests—so it's a bit surprising to see it spring back to life with so much cash." —Techdirt

Maybe Disney and Cisco just iterating quickly on Allen Morgan's used dot-com investment thesis.