MTV: Another Futile Run At Apple

MTV, a division of Viacom (VIA) is teaming up with RealNetworks (RNWK), the music distribution company, to compete with the Apple (AAPL) iTunes product. The new offering will have the MTV marketing muscle and distribution through the Verizon Wireless and Vodafone (VOD), the leader wireless carrier in Europe.

The competition against AAPL has all the hallmarks of a success. MTV is substantial global music brand. It is trying to diversify revenue off of its traditional cable TV platform. VOD and Verizon Wireless have about 150 million wireless subscribers between them.

But, the problem with these consortia is that they are made up of members with competing needs and interests. They are, by nature, operated by committee. And, this one is trying to catch a market leader which has the lion’s share of the music download business, over 120 million iPods, and the new iPhone.

A committee cannot compete with APPL.

Douglas A. McIntyre

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.