New York Times: Was YouTube Worth It?
Market disruption hits media
In the NY Times Dealbook (see "Was YouTube Worth It?") Eric Schmidt flippantly says its just about monetizing eyeballs.
He's clearly annoyed by those absolutely desperate to label the deal a failure, so they can go back to the old media business, with the situation unchanged. Like the way the newspapers acted just before the bottom dropped out in 2005.
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Catch Me if You Can ...
Adam Lashinsky writes on News Corp / NBC attempt to kill YouTube / Google
Adam Lashinsky has a sarcastic write-up on News Corp. and NBC Universal's attempt to compete with YouTube (see "Catching Google's YouTube won't be easy").
He correctly points out the obvious signs that suggest this to be yet another feeble and futile gesture that points to the massive incompetence of "old' media at dealing with the "new", failing to control their own brand. And that they already appear to control the monetization of their product, by simple example.
Yet another consortium of big guys without a clue, even though they have a "good enough" business strategy already in place if they care to follow through. Read more ...
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