May 9, 2007

Old Media Turns Combative Against New Media

colcuster.gif Leading media executives took a combative tone against Internet companies on Tuesday, reports Media Channel, suggesting that Big Media increasingly considers new content distributors like Google Inc. to be more foe than friend.

"... At a panel discussion on the second day of the 56th annual National Cable & Telecommunications Association conference, the discussion quickly moved to criticism of the perception that traditional media businesses are dead, and to the rampant copyright offenses enabled by new digital technologies.

“The Googles of the world, they are the Custer of the modern world. We are the Sioux nation,” Time Warner Inc. Chief Executive Richard Parsons said.

"They will lose this war if they go to war,” Parsons added, “The notion that the new kids on the block have taken over is a false notion.”

emily | 7:09 PM | The threat to big Media | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
The Permanent Link to this page is: http://www.textually.org/tv/archives/2007/05/015865.htm



Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?