In good times or bad, the activity within mature business sectors — shipping, construction, auto manufacturing — is easily understood. Even as competitors rise and fall, succeed or fail, the products and their delivery change very slowly over time. So when moments of genuine uncertainty arise, they are worth watching, because they are both revealing and entertaining.
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We don't know which view of the future will win out. Ultimately, that's the strongest possible argument for the government to pursue a light regulatory touch. ____________________________________________________________ John, what do you mean by this line? I hope you don't think the Government should jump in to protect the business model of traditional cable television providers. Because the programming on both Verizon and Comcast sucks. Give me the ability to order al la carte and we can talk. _____________________________________________________________ Or do you mean you like the Apple model where every thing is locked behind walls?
No one knows what's going to happen in the digital content business. There's the whole column, condensed and understandable, done for nothing.
Wow! Very enlightening, if you have been away from all media for the last 18 months and/or have never read a word about digital content. For more meaty content, follow Mr Bray at BG or Mr Pogue at NYT.