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Domain: newyorkmetro.com
Stories and comments across the archive that link to newyorkmetro.com.
Stories · 2
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Has AOL Lost Its Sex Drive?
TheViewFromTheGround writes "Why have the years since the merger with Time Warner been so hard on America Online? Michael Wolff, a consultant who advised Time Warner not to buy AOL in the early 90's, says that the the big problem is Time Warner's denial of AOL's core value: a monopoly on dirty chat. The argument says that AOL was successful because they had a critical mass of people and that it skillfully marketed talking dirty by appearing to be family friendly. Now, the old media bedfellow is pushing AOL to stop its pimping ways." -
The Music Biz Is the New Book Industry
jonerik writes "The new issue of New York Magazine includes this intriguing article by Michael Wolff which makes the case that the music biz will soon be going the way of the book industry. Arguing that larger-than-life characters such as Ernest Hemingway, John Steinbeck, and Dorothy Parker were the rock stars of their time, Wolff points out that 'where before you'd be happy only at gold and platinum levels, soon you'll be grateful if you have a release that sells 30,000 or 40,000 units -- that will be your bread and butter. You'll sweat every sale and dollar. Other aspects of the business will also contract -- most of the perks and largesse and extravagance will dry up completely. The glamour, the influence, the youth, the hipness, the hookers, the drugs -- gone. Instead, it will be a low-margin, consolidated, quaintly anachronistic business, catering to an aging clientele, without much impact on an otherwise thriving culture awash in music that only incidentally will come from the music industry.' Wolff also relates a recent lunch he had at Sony Music in which a sort of paralyzed acceptance had set in; 'The recent past was very bad; the future was likely to be worse. All money earned from here on in would be harder to earn. This felt like acceptance to me: We simply don't know what to do.'"