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Old media needs to learn about distribution if they want to survive in the fast-paced online, according to IAC’s Barry Diller. Diller says (as quoted in the Financial Times that video and print publishers who resist decentralized content distribution will fall into the same trap of the music biz that has seen copyright infringement and alternative distribution sap their revenue.
Now, if they don’t distribute, then you have the same effects that happen, probably with the music business. If they bury their head in old sand.
Diller is right - decentralization is the only way to reach a broad audience. Unlike the 100 or so channels of TV, there are millions of websites, and pretending that you can pull all the strings (like NBC/Fox) is the wrong way to go. Media companies who want millions of eyeballs need to work with and not against the Joost’s and YouTubes of the world […]

Published by John Gartner
Continue reading: Old Media Can’t Let Go


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