TV quickly losing relevance in the digital age. Exec’s *explativing* nouns.
As broadband speeds increase and proliferate around the world, more and more people will continue their turn to the web for their one-stop-shop of entertainment. Everything from pictures, music, videos, games, etc. are all going online. Traditional manufacturers and producers of said goods are finding it hard to compete with the much lower price barrier of the internet. They’re finding they can’t mark up services and products as much as they can in the physical world. The obvious solution is to downsize, get leaner, become meaner, and operate more efficiently. Don’t think big TV exec’s are scared…?
ABC’s Anne Sweeney had the following to say when a recent encounter with her daughter probably left her her pants a bit soiled and her heart skipping quite a few beats.
- Anne Sweeney: Daughter, you need a TV for your dorm room
- Daughter: Mom, you don’t understand. I don’t need it. I can watch everything I like online.
- Anne Sweeney: You’re going to have a television if I have to nail it to your wall…
Can you hear the horror in voice? Anyone who says TV exec’s aren’t scared are either stupid or they’re…stupid. Ever decreasing revenue and a current failure to become successful online — not solely because of lack of online income, but because of failure to understand the digital world and adjust their business models accordingly — have TV exec’s frantically trying to salvage what little model they have left.
In the end, this quote may be taken out of context and twisted to benefit the blogger world. Regardless, if it is indeed legitimate, actually hearing what we all already know is both comforting and humorous. Just goes to show you that you can’t teach an old dog new tricks.
Thanks Sam
