Tuesday, November 15, 2011
Google Funded Entertainment Changing Paradigm
So far the TV industry has done exactly the wrong thing. Instead of embracing change, it's fighting it. The problem is it's defending the indefensible. The TV model has gone rotten from all sides. On the content side, writers and producers hate dealing with bloated studios that have appointed themselves gatekeepers for what shows can be made. On the consumer side, nobody wants to pay $150 per month for 500 channels of stuff they don’t want, which is why more and more people are unplugging their cable subscriptions, and why an entire generation of young people have never bought into TV in the first place. From the business side, advertisers realize TV makes less sense than it once did and are moving away.
(from The Daily Beast).
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