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Read Shelly’s commentary on the DISH NETWORKS (NASD: DISH) loss of subscribers, “Mortgage Crisis Causes DISH Network To Fall Off The Roof” on the blog.

Watch Shelly’s commentary on NBC’s (NYSE: GE) decade high Olympic ratings and their success streaming the games online.

APPLE (NASD: AAPL) iPhone users have downloaded over 60 million applications. While most of the applications are free, Apple reports that sales of applications are running around $1 million a day. While their has been some controversy about software malfunctions, bugs, and a glowing ruby priced at $1,000, analysts believe that with continued growth and sales the applications store could be a billion dollar business.

ELECTRONIC ARTS (NASD: ERTS) is hoping to see sales trending upwards for Madden NFL ’09, which will be released tomorrow. The video game manufacturer, whose bid for TAKE-TWO INTERACTIVE (NASD: TTWO) is still in the air, has noticed that pre-sales for mega-brands like Madden are slipping, along with its stock. EA is hoping to regain some momentum through other established brand games, while also rolling out more games for Nintendo’s Wii and a version of The Dark Knight.

WARNER BROS. (NYSE: TWX) The Dark Knight topped the box office for the fourth week in a row, bringing its total gross earnings to $441.5 million. The latest Batman film surpassed Shrek II for the third highest grossing domestic film ever, placing it behind the original Star Wars ($461 million) and Titanic ($600.1 million).

About Shelly Palmer

Named LinkedIn’s #1 Voice in Technology for 2017, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on machine learning and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"NBC Hits Decade High Ratings for Olympic Coverage: MediaBytes with Shelly Palmer August 11, 2008" by @ShellyPalmer

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