Now along comes the potential creative destruction brought by a different distribution methodology, the Internet.
From Barry Diller
This is a world in which reasons are made up because reality is too painful.
The world is changing. Networks without a specific branding strategy will be killed. I envision a world of highly niched services and tightly run companies without room for all the overhead the established networks carry.
We want to be able to sell you anything, anywhere, any time you want it.
Sometimes it seems like there's more footnotes than text. This isn't something we're proud of, and over time we'd like to see our footnotes steadily shrink.
I'm just saying if you want to reach large audiences, then rely on professionals, meaning people who are in the industry and are trained for it, rather than just idiot savants.
If we're going to talk about our businesses, we're going to have to talk about them within the constraints of the disclosure rules, without giving guidance, because we're not going to give guidance, because we don't believe that it is a sensible game to play.
There's no way you can predict what is going to happen in six months or two years in most businesses, and certainly not for businesses that are growing at the rate that we have grown.
The entertainment business hasn't had a new idea in years.
What I've learned over the years is that focus and singular purpose is the best approach for businesses.
3 perspectives
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1 perspectives