Dr. McAfee is a principal research scientist at the MIT Center for Digital Business.
Andrew McAfee is a principal research scientist at the MIT Center for Digital Business.
The activities of the Digital Business Unit are expected to generate double-digit growth rates until 2015.
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The arrival of the Internet and web has added a new dimension, bringing in an era of entirely digital business.
Paul Zwillenberg of BCG says that entrepreneurs building a digital business are outperforming rivals who do not embrace the web economy.
The future of digital business depends primarily on mastering the mobile channel.
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Brent Lewis, who runs Harlequin's digital business, says his firm's digital readership is composed of the same middle-aged women who read its printed books.
He also says he would be shocked if a year ago if anyone in the digital business is offering videos with just one business model.
This year, overall revenue is expected to grow 4% and, the big charge for writing down the digital business aside, operating earnings are rising more swiftly.
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Madelyn Ferris, who oversees Paws' digital business, said she has found that many of the app developers who have licensed Garfield don't understand the implications of the new Coppa rule.
"We are excited to be working with Amazon to offer consumers the ability to enjoy their music anywhere-on any device-with Cloud Player, " said Dennis Kooker, President, Global Digital Business and U.S. Sales, Sony Music Entertainment.
To stay ahead of the competition, Westwood One has been busy broadening its product and service offerings by seeking new opportunities in programming and distribution, including investing in expanding its digital business and information technology infrastructure.
Despite Warner's challenges, it is faring slightly better than other major music companies given the strength of its digital business, which has a higher market share than the company's physical sales, according to Pacific Crest Securities analyst Evan Wilson.
For eBusiness leaders, understanding these tools and the direction they are headed will be important to understanding their utility in helping them drive the business and in ensuring they have the tools they need to optimize an ever more complex digital business.
"Music fans are passionate consumers, so making it as easy as possible for them to buy music and enjoy it anywhere, anytime and on any device, is important to us, " stated Rob Wells, President of Global Digital Business at Universal Music Group.
"The Dreamcast is fondly remembered by a large community of dedicated fans as a console that was ahead of its time in terms of graphics, quality and online gaming" commented Haruki Satomi, VP of Digital Business at SEGA of America and SEGA Europe.
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With the advent of video communication apps like Skype, cloud storage options like Google Drive and Dropbox, time management programs like Basecamp and TimeFox, and a variety of other digital business solutions, making the home or local cafe your office is easier than ever.
Dell has been in and out of the television business, the digital music player business, and the handheld organizer business.
But along with the iPad, Apple is also launching its own digital book business.
But competition from Apple would be far more daunting, given its dominant position in the digital music business.
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The move out of the digital camera business makes sense for the company.
And also the digital book business is very important for an e-commerce business.
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He has been replaced by his cousin Peter Levinsohn, who oversaw the digital media business for Fox's tv and movie studios.
By contrast, Amazon's digital book business is largely focused on its Kindle e-reader and Kindle software that runs on some other hardware.
The Yahoo Labs study certainly indicates Forbes is still catching up to the social success of others in the digital news business.
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Kodak did eventually make more aggressive moves into the digital tech business.
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