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Watch Shelly’s commentary on the premiere of NBC’s Knight Rider and how managing for margins makes for terrible television. Plus, today’s consulting question comes from Heidi R., an account exec from Bethpage, NY. Heidi asks, “When is free WiFi coming to Long Island?” Watch today’s video to see Shelly’s response and submit your questions to shelly@palmer.net.

RIM is growing quickly but The Street thinks the company is spending too much money pushing new anti-iPhone, Blackberry devices. Even with higher sales and profits in Q2, investors crushed RIM’s stock in after-hours trading.

PARAMOUNT has signed a deal to produce full length feature films for distribution online and through other digital outlets. Dubbed “Paramount Digital Entertainment,” the venture will be run by Alexandra Milchan and David van Eyssen. PDE will offer video in a variety of ways, including free, sponsor-supported, subscription-based and download-to-own. Paramount Digital is the first Hollywood studio to develop content exclusively for the web.

GAWKER boss NICK DENTON is stepping down from the editor position at the popular blog network. Denton, who appointed himself editor 10 months ago, cut employees and a few of Gawker’s signature sites in April when he predicted “there is a cold wind coming.” Gawker is set to break its site record this month for hits with about 23 million, roughly 3 times higher than when Denton took the helm.

The FCC is moving forward with plans to auction off valuable spectrum. After one unsuccessful attempt at selling the space, the FCC has cut the minimum price of the spectrum from $1.3 billion to $750 million. The space up for auction is designated could be used to roll out a free, nationwide wireless network.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications, co-founder of Metacademy, and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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