Posted in: Advertising, Broadband Video Companies, Hulu, Interviews and Talks, Making Money & Web Video, NBC, News, Video Distribution, Video Sharing & Video Clips, Video on Demand by Dave Parrack on September 16, 2009
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Chris Tew Says:
September 17th, 2009 at 5:27 pmJust as the media industry is slowly making progress, and monetizing online demand (taking it away from online pirates) Rupert Murdoch will help switch people back to torrents and piracy.
In the meantime other more innovative forward looking companies will grow their dominance over the online space.
Murdoch’s reactions to fighting to keep the old business model, rather than embracing the new disruptive technologies which are set to win will just cause him to lose market share in the long run, trading short term profit for long term growth and sustainability.