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Ted Turner's Beef With Big Media

Posted by ryuzaki0 on from the whuh? dept.

pizen writes "Washington Monthly has an article from Ted Turner where he talks about the problems with the media conglomerates and calls for them to be busted: 'At this late stage, media companies have grown so large and powerful, and their dominance has become so detrimental to the survival of small, emerging companies, that there remains only one alternative: bust up the big conglomerates.'"

2 of 552 comments (clear)

  1. Re:Ayn Rand - Atlas Shrugged - Read by ch-chuck · · Score: 0, Troll

    Oh yeah, nothing more relevant than a 50 year old fiction philosophy by a refugee from communism. Her knowledge of the railroad industy and the dangers of monopolistic robber barrons that Teddy Roosevelt busted up is less than her knowledge about science (miracle metal? Engines that get power from static in the air? Give us a break!)

    [I still think John Galt was modeled after John G. Trump who worked on electrostatic generators with Van Der Graff at MIT - in the 50's it was a generator that promised amazing effeciency but, like bubble memory and the flying car, never caught on]

    --
    try { do() || do_not(); } catch (JediException err) { yoda(err); }
  2. Re:Irony by tomhudson · · Score: 0, Troll
    From the article:
    Their managers are more averse to innovation because they're afraid of being fired for an idea that fails. They prefer to sit on the sidelines, waiting to buy the businesses of the risk-takers who succeed.
    In other words, like I said, there are more niches available after consolidation than before, because the bigger you are, the more $$$ you need to generate to break even on a project.

    Fred Silverman, who took ABC from 3rd place to 1st, exploited the gaps.

    The more the large media consolidate, the easier it is to exploit the voids they leave behind.

    It just means you've got to do it differently. The old tricks don't work for Turner any more. Big Deal.

    Its not a question of making another CNN. Its about figuring out what the NEXT big thing should be, and creating it.