Sorry, there's no way to save the TV business

16 June 2009 | 12:23 - By Stefano Boscutti

If you work in TV - and who doesn't - you’ll likely disagree with Henry Blodget's grim assessment, but he makes some thought-provoking points about video distribution.

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The traditional TV industry - cable companies, networks, and broadcasters -is where the newspaper industry was about five years ago: in denial.  There are murmurings on the edges about how longstanding business models will come under pressure as internet distribution takes over.  But, so far, the revenue and profits are hanging in there, so the big TV companies don't really care.  Just give about, oh, two or three years for the future to crash through.  Henry make more than a few smart points.  (If you're working at Channel 9 you better get your resume together.)

http://www.businessinsider.com/henry-blodget-analysts-begin-to-realize-that-theres-no-way-to-save-television-2009-6

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About this Blog

New New Media looks at how our mediascape is exploding to bits. How the latest technology and the internet are changing the way we live, work and play. How the latest media is shaping us all.

Stefano Boscutti is an executive creative director and strategist. He's like a better looking version of Todd Sampson. He also has an abiding faith that stories and wordplay (and not powerpoint presentations) will change the world.

 
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