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jerryking : time_warner   6

How Should Antitrust Regulators Check Silicon Valley’s Ambitions? - The New York Times
By Hernan Cristerna
July 3, 2018

The question is: At what point should regulators step in to check the ambitions of the tech giants--Facebook, Amazon, Apple, Netflix and Google? Those five companies hold considerable influence over the internet......the United States needs an approach to merger regulation that protects consumers by supporting transactions that create enterprises capable of standing head-to-head with the tech giants.

The decision to allow AT&T to acquire Time Warner is a step in this direction. So was the decision to approve Disney’s purchase of much of 21st Century Fox.

In a rapidly transforming marketplace, regulators should enable incumbents to stand up to the largest tech companies that are using new technologies — such as cloud computing, big data and artificial intelligence — to upend existing industries.....
“Old economy” companies must be allowed to combine in order to increase their scale and innovation capabilities so that they are on a level playing field with the tech giants.....Regulators must now take notice of the verdict in the AT&T case so that they can calibrate their approach in the next round of transactions.
21st_Century_Fox  antitrust  regulation  regulators  platforms  Department_of_Justice  AT&T  Time_Warner  FAANG 
july 2018 by jerryking
Vertical media mergers are just so 19th century | Financial Times
June 21, 2018 | Financial Times | Anne-Marie Slaughter.

Media companies are falling over themselves to merge with one another right now. AT&T took the US to court over the right to buy TimeWarner, and Comcast and Disney are engaged in a bidding war for some of 21st Century Fox. Big looks set to get bigger. Yet according to our best thinkers on the future of capitalism, the corporate titans driving these decisions are heading firmly backward.

AT&T and Comcast are communications companies that are attempting to go vertical and control every layer of a media empire from underground cables to the creation of content....Andrew Carnegie was determined to own coal mines and railroads as well as steel mills. The goal was control from top to bottom, closed access and economies of scale.

But that is old-fashioned thinking, according to the current crop of books on the dramatic economic changes being wreaked in the next phase of the information age. They argue that vertical integration amounts to building silos in an era that will be dominated by platforms — owning in an era of renting — and looking for mass markets when customers want individualized products.

Hemant Taneja makes a strong case for “customised microproduction and finely targeted marketing” in his book Unscaled. An investor for the Boston-based firm General Catalyst, he does not question the value of having many customers rather than few. But he argues that fast-growing companies in sectors ranging from energy to healthcare and education are succeeding because they customise their goods and services to a “market of one”.

The rise of artificial intelligence and cloud computing allows these companies to “rent scale”, he writes. Small, nimble companies can now out-compete big ones in specific markets, adding scale as they need to.....Netflix’s market value exceeded that of Comcast back in May and it is now bigger than Disney. Its global headcount is 5,500, nearly one-fifth of Time Warner’s and one-50th of AT&T’s. Netflix does not have the size to build as large in-house AI capabilities. But a quick search for “media data analytics” reveals a score of companies. Why pay for that capability when you can rent it
Andrew_Carnegie  Anne-Marie_Slaughter  artificial_intelligence  books  cloud_computing  end_of_ownership  entertainment_industry  Netflix  platforms  scaling  size  vertical_integration  AT&T  Comcast  customization  Disney  gazelles  nimbleness  mass_media  personalization  mergers_&_acquisitions  21st_Century_Fox  Time_Warner  19th_century  microproducers  target_marketing  unscalability  silo_mentality 
june 2018 by jerryking
How to Save CNN From Itself - The New York Times
By JESSICA YELLIN JAN. 26, 2017

in the past 20 months CNN’s management has let down its viewers and its journalists by sidelining the issues and real reporting in favor of pundits, prognostication and substance-free but entertaining TV “moments.”

Still, I believe the network can again play an essential role. At its best, CNN is a journalistic enterprise with unparalleled reach and resources, connecting its viewers with people and conflicts half a mile or half a world away.

That’s why I believe that as a condition of Time Warner’s bid to merge with AT&T, CNN should be sold to a new independent entity. This sale would also include CNN international, Headline News and its digital and related properties. Though AT&T has dismissed talk of a sale, one could be compelled by regulators. A consortium of concerned Americans — philanthropists, foundations, small-dollar donors — could fund a trust to operate an independent CNN dedicated to news in the public interest. Subscription fees from cable and other service providers, along with ad revenue, would allow the network to support itself.
Time_Warner  CNN  mergers_&_acquisitions  pundits  journalism  Ted_Turner  AT&T 
january 2017 by jerryking
At Time Inc., a Leader to Help It Fit the New Digital Order - NYTimes.com
By DAVID CARR
December 4, 2011

Time Inc., the largest magazine publisher in the United States, would be run by Laura Lang, who was the chief executive of the digital advertising agency Digitas....Time Inc., the home of Olympian brands like Time, People and Fortune, will be run by an executive who would not know a print run from a can of green beans....it would have been unthinkable that a large consumer magazine group would be run by someone with plenty of experience buying ads for clients, but with no experience selling them. But Ms. Lang knows other things that could come in handy, including how to use multimedia and social media to increase reader engagement in a way magazines rarely achieve....What magazines have not been able to do is to provide reliable measures of effectiveness....It isn’t a reach to bet that Ms. Lang will help magazine publishers be a part of a media age built on metrics.
David_Carr  CEOs  women  TIME_Inc.  Time_Warner  digital_media  magazines  advertising_agencies  Publicis 
december 2011 by jerryking
NYC Prepares for Life After Cable TV - Metropolis - WSJ
September 23, 2010 | Wall Street Journal | By Aaron Rutkoff.
New York City's new deal with Time Warner Cable and Cablevision contains
something different: an escape clause for the city. If fees from
cable-TV sales drop more than 22.5% as consumers shift to Internet
video, the ten-year contract will be terminated and the city will be
free to renegotiate the terms. The provision is the first of its kind in
a municipal contract with cable companies, city officials said.
CATV  New_York_City  Time_Warner  Cablevision  iTunes  web_video 
september 2010 by jerryking

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