Thursday, May 10, 2007

Coming soon: Old Media's last stand

I read the Reuters story about Old Media’s deep grouses against New Media. At a recent meet they returned to the hallowed topic of New Media thriving by stealing Old media’s content.

By that, they mean Google news and other aggregators.

Time Warner Inc. CEO Richard Parsons says,


..."The Googles of the world, they are the Custer of the modern world. We are the Sioux nation," Time Warner Inc. Chief Executive Richard Parsons said, referring to the Civil War American general George Custer who was defeated by Native Americans in a battle dubbed "Custer's Last Stand"."Rather than painting false pictures, Old Media must identify the rot within.


Umair is quick to point out the ‘lethal’ irony in Mr. Parson’s ‘ironical’ statement.

Who's advising Dick? With analogies like that, it sounds less like a consultancy, and more like Dick Cheney.

Google is the one who is hyperflexible and capable of mounting quick yet disproportionately devastating forays into new markets and new value chain segments.

Old Media is ‘trapped in an ever deepening value chasm’ (Umair’s words)

Umair explains that legacy bindings of Old Media, which doesn’t want to change from existing still lucrative business models to new digital media-based models, returns from which are small for the time being.

Google is not bound by any legacy unlike thickheaded General Custer.

For more on Old Media vs. New Media debate, read this earlier post on MediaVidea, Cliffnotes for Sam Zell.

Labels:

1 Comments:

At 7:03 AM , Anonymous Anonymous said...

tibia money tibia gold tibia item runescape accounts buy runescape accounts runescape money runescape gold runescape gp runescape power leveling runescape powerleveling cheap rs2 powerleveling runescape equipment buy rs equipment runescape runes cheap rs2 runes runescape logs cheap rs2 logs runescape items buy runescape items runescape quest point rs2 quest point cheap runescape questpoint runescape gold runescape items runescape power leveling runescape money runescape gold buy runescape gold buy runescape money runescape items runescape accounts runescape gp runescape accounts runescape money runescape power leveling runescape powerleveling tibia gold dofus kamas buy dofus kamas wow power leveling wow powerleveling runescape questpoint rs2 questpoint Warcraft PowerLeveling Warcraft Power Leveling World of Warcraft PowerLeveling World of Warcraft Power Leveling Hellgate money Hellgate gold buy runescape logs buy rs2 items cheap runescape items Hellgate London gold Guild Wars Gold buy Guild Wars Gold runescape items rs2 accounts cheap rs2 equipments lotro gold buy lotro gold buy runescape money buy runescape gold buy runescape runes lotro gold buy lotro gold runescape money runescape gold cheap rs2 powerleveling eve isk eve online isk buy runescape power leveling rs2 power leveling tibia gold tibia item runescape accounts Fiesta Silver Fiesta Gold SilkRoad Gold buy SilkRoad Gold Scions of Fate Gold Hellgate Palladium Hellgate London Palladium SOF Gold Age Of Conan Gold AOC Gold ArchLord gold tibia money tibia gold runescape accounts runescape gold cheap rs2 powerleveling buy ArchLord gold DDO Plat Dungeons and Dragons Online Plat

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home