Sony Pictures CEO Thinks the Net Wasn't Worth It
rossturk writes "Michael Lynton, CEO of Sony Pictures Entertainment, said, 'I'm a guy who doesn't see anything good having come from the Internet, period.' Why? Because people 'feel entitled' to have what they want when they want it, and if they can't get it for free, 'they'll steal it.' It's become customary to expect a somewhat limited perspective on things from old-world entertainment companies, but his inability to acknowledge that the Internet has changed everything makes me think he's a very confused man. Is this when we all give up hope that companies like Sony Pictures can adapt? Will we look back on this as one of the defining moments when the industrialized entertainment industry lost touch for good?"
Given that Sony recently posted its first loss in 14 years, I think perhaps it is time for them to get with the new modes of media distribution instead of keeping its head in the sand and decrying them.
"I bless every day that I continue to live, for every day is pure profit."
They used to make quality products, not so much anymore. My latest experience is the last straw. Last year, I purchased a Sony navigation unit. I soon found that the maps were outdated, and missing major landmarks, and even an Interstate highway that had opened the year before. Support assured me that the next update would solve these problems. Well, after many months, an update has finally been released for the mere price of $99. So, in other words, Sony wants me to pay another $99 to fix what was broken from the time they built the unit. I consider it a lesson learned, and will not longer purchase Sony products.
"To those who are overly cautious, everything is impossible. "
No. Sony isn't just a "media company". It's one of the big technology companies. And it's relevant that one of the biggest technology companies hate Internet.
they have run out of 'product'.
the music today sucks. and cd audio is good enough for 99% of the people out there - yet the industry invented new forms of audio, 'rich' in drm (true-hd and dts master crapola). there is NOTHING sonically better that MATTERS for movies yet we are told we have to re-buy things all over again.
blatant money grab. don't fall for it. boycott bd, hd-dvd and any new audio formats that aren't open.
and dont' EVER mix audio and video. keep your hdmi 'clean' of audio and use regular spdif for audio (its open and drm-free).
don't re-buy your 5.1 stereo - DD5.1 will be here for decades and won't be going away any time soon. resist the 'urge' to fill the bank accounts of music execs (and equipment makers!) trying to get you to re-re-buy things time and time again.
yes, the cost of making cd's (even 10 yrs ago) was a fraction of pressing a vinyl album yet they charge MORE for cd.
the industry has taken us for a ride for a long time. payback time - boycott their stuff and have them feel financial pain.
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"It is now safe to switch off your computer."
He is CEO of Sony Pictures, not Sony. The actual CEO of Sony looks like he has a brain and knows how to use it, judging from this recent interview: http://techon.nikkeibp.co.jp/article/HONSHI/20090427/169423/?P=2
Mada mada dane.
It's short for "I emphasize the finality of the preceding sentence by drawing attention to the period", and it's a complete sentence. The long form is too much effort to read and type so normal people use the abbreviation.