Monday 4 June 2012

This article may be full of overgeneralizations and conclusions based on incomplete data, but the main message is pretty clear: The TV business as we know it is not immune from the broad industry, cultural, and technological changes happening all around us -- and there is a lesson to be learned from what happened to previous industries (like print newspapers) in the past few decades.

The trick for companies inside the TV industry now is figuring out how to cope with and/or take advantage of these changes, while simultaneously doing what's best for consumers without destroying shareholder value. If the incumbents in the TV business can't do this, there are plenty of would-be players on the sidelines who'd be happy to disrupt the industry and take some of that value for themselves.