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by pwthornton
5146 days ago
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A CEO is not an average consumer. It's his job to understand how and why people watch video. If he thinks his job is just to understand video on cable, he'll never be able to maneuver his company in this era. The irony is that cable TV is still doing pretty well. If the industry ever completely implodes, people will blame the men and women in charge at the time. But it's often the decisions made when things are going well that ultimately seal a companies fate. Getting a head of TV over IP is the smart bet. The best time to do it is when profits are healthy and R&D spending is easy. The problem is that many of these guys are old and rich. They don't see why someone would want to watch video differently, which is exactly why they shouldn't be in charge. Being really wealthy is an excellent way to not understand a market. |
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At a publicly traded company, that is rarely the CEO's job.
There, the CEO's job is usually to keep Wall Street happy (or less unhappy).