If you were launching a daily newspaper today $30m would not be an outrageous sum of money to be spending. What would be outrageous is that you were launching a daily newsPAPER. Spending $30m to create an iPad newspaper application is ludicrous. With substantial fanfare, Rupert Murdoch recently launched The Daily an iPad and tablet [...]
Tag: economy
Party Like It’s 1999. Make That 2009: 4 Lessons From the Media Decade
The end of 1999 was a wild time. It was the dawning of the 21st century. Equity markets were soaring. Media synergy fueled an unprecedented wave of mergers and acquisitions and the Web appeared to be sweeping everything up in its wake. The Internet was proving to be as powerful as the predictions too. Pure play [...]
The 9 New Rules of Media
Over the last 12 months the state of the economy and the impact of the recession have been topics in virtually every meeting I’ve been in. The discussions have ranged from detailed analysis by “leading” economists (one in particular at a meeting in March was thrilled when at the end of his 60 slide deck now predicting a decade long slide [...]
Creative Destruction
“Creative Destruction” is the term Austrian economist Joseph Schumpeter coined to define the business Darwinism that drives capitalism. The basic theory being that new ideas, technologies, ways of working, organizational approaches and other creative discontinuities spark competition ultimately driving the economy. Through economic cycles of all sorts, across every industry and size of company, creative [...]
