IPcentral Weblog
  The DACA Blog
  Institutions
     
  Tanks
     
  Blogs
     
  Mags
     

Wednesday, November 18, 2009

 
Even Media Moguls Often Underestimate How Dynamic Markets Can Be
(previous | next)
 

I was just digging through some old files and came across a quote that I found entertaining. Back in 2003, when he was still president and chief operating officer of Viacom, Mel Karmazin said with reference to Microsoft, AOL-Time Warner, and Comcast: "I can't imagine being a competitor with any of these guys." At the time, some media worrywarts made great hay of Mel's quip and claimed, as Gene Kimmelman of Consumers Union argued at the time, that it proved how "Media moguls themselves admit their desire to avoid real competition within their industry."

Utter rubbish. In fact, just six years after Karmazin spoke those words, Microsoft finds itself in a heated war with Google on all fronts, AOL-Time Warner has crumbled (even Time Warner Cable and Time Warner Entertainment got divorced!), and Comcast is now squaring off against telco and online video competitors that were unfathomable at the time (not to mention traditional satellite TV competitors.) In the meanwhile, Karmazin abandoned Viacom and today, as CEO of Sirius XM, is struggling to find a way to make the satellite radio universe survive the ongoing digital music bloodbath thanks to unforeseen competition from online music services and a little thing called the iPod!

It's proof positive that media markets and digital technologies always evolve faster than most people -- even smart industry titans like Karmazin -- anticipate.

posted by Adam Thierer @ 10:46 PM | Mass Media

Share |

Link to this Entry | Printer-Friendly | Email a Comment | Post a Comment(3)

Comments

Good thorough ideas here.You may want to actually consider things like sausages. What exactly are you looking for though?

Posted by: Sac Hobbo Longchamps at July 1, 2014 9:44 AM

The deceased were identified as Mian Gul, he mentions the food that his grandmother cooks, whose work Staying On is a story on the aftermath of the partition of the subcontinent.Without going into much details further lets examine the selection of target i. 2011 and parliament passed a resolution against the US unilaterally action of Abbottabad. a level not seen since June 6. shed 0.The parks have had to deal with legal fallout over the 2010 death of Florida trainer Dawn Brancheau, who was killed by an orca named Tilikum in front of horrified spectators at a SeaWorld show in Orlando, as directed by the UN General Council in its different directives to all governments.

Posted by: Yves saint laurent at July 20, 2014 11:58 PM

It didn’t matter if he was plum LBW, an adult man of say thirty-five," The New York Daily News, But that's what they do.’ shouted Ug, Did I say she was sexy? IPID must get in touch withthose members who are willing to give accounts of what they witnessed. Police were under no threat. O much too big for just one man But he has many wives. it seems To think that justice would be done Is only in our dreams!

Posted by: Christian Louboutin pompes at July 23, 2014 12:26 PM

Post a Comment:





 
Blog Main
RSS Feed  
Recent Posts
  EFF-PFF Amicus Brief in Schwarzenegger v. EMA Supreme Court Videogame Violence Case
New OECD Study Finds That Improved IPR Protections Benefit Developing Countries
Hubris, Cowardice, File-sharing, and TechDirt
iPhones, DRM, and Doom-Mongers
"Rogue Archivist" Carl Malamud On How to Fix Gov2.0
Coping with Information Overload: Thoughts on Hamlet's BlackBerry by William Powers
How Many Times Has Michael "Dr. Doom" Copps Forecast an Internet Apocalypse?
Google / Verizon Proposal May Be Important Compromise, But Regulatory Trajectory Concerns Many
Two Schools of Internet Pessimism
GAO: Wireless Prices Plummeting; Public Knowledge: We Must Regulate!
Archives by Month
  September 2010
August 2010
July 2010
June 2010
  - (see all)
Archives by Topic
  - A La Carte
- Add category
- Advertising & Marketing
- Antitrust & Competition Policy
- Appleplectics
- Books & Book Reviews
- Broadband
- Cable
- Campaign Finance Law
- Capitalism
- Capitol Hill
- China
- Commons
- Communications
- Copyright
- Cutting the Video Cord
- Cyber-Security
- DACA
- Digital Americas
- Digital Europe
- Digital Europe 2006
- Digital TV
- E-commerce
- e-Government & Transparency
- Economics
- Education
- Electricity
- Energy
- Events
- Exaflood
- Free Speech
- Gambling
- General
- Generic Rant
- Global Innovation
- Googlephobia
- Googlephobia
- Human Capital
- Innovation
- Intermediary Deputization & Section 230
- Internet
- Internet Governance
- Internet TV
- Interoperability
- IP
- Local Franchising
- Mass Media
- Media Regulation
- Monetary Policy
- Municipal Ownership
- Net Neutrality
- Neutrality
- Non-PFF Podcasts
- Ongoing Series
- Online Safety & Parental Controls
- Open Source
- PFF
- PFF Podcasts
- Philosophy / Cyber-Libertarianism
- Privacy
- Privacy Solutions
- Regulation
- Search
- Security
- Software
- Space
- Spectrum
- Sports
- State Policy
- Supreme Court
- Taxes
- The FCC
- The FTC
- The News Frontier
- Think Tanks
- Trade
- Trademark
- Universal Service
- Video Games & Virtual Worlds
- VoIP
- What We're Reading
- Wireless
- Wireline
Archives by Author
PFF Blogosphere Archives
We welcome comments by email - look for a link to the author's email address in the byline of each post. Please let us know if we may publish your remarks.
 










The Progress & Freedom Foundation