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by jval
4378 days ago
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I do think it has predictive power, in the narrow areas in which it can be applied. I think if you're a media executive and you've seen what's happened to the NYT, you know that newspapers aren't the only media vertical that is going to face the problem of disruption. Thinking behind it is probably what's driving deals like the purchase of Maker Studios by Disney[1] - if Disney just wanted to innovate they would have just invested in better digital content delivery. Buying Maker acknowledges that lots of lower quality content producers can acquire the same audiences as high quality large budget Disney productions like Hannah Montana. You don't see disruption everywhere, for example Google and Facebook are hardly 'disruptive' as companies, but I think in the right cases the theory has predictive power and is a necessary tool in the belt of people who work in technology. 1. http://www.nytimes.com/2014/03/25/business/media/disney-buys... |
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However, I'm not sure how you see Google as not disruptive...? By revenue, it's an advertising company, and a different ballgame from print media etc. (advertisers get live feedback on performance - focus groups can't match that). The bidding idea is also brillant (from goto/overture) - google gets the highest possible price, but your competitor is the bad guy. Though I guess you might say it's the internet that's disruptive, and google's just along for the ride.