“The notion that somehow the new kids on the block are taking over I think is a false notion. Ten years from now, our companies will be here; I’m not so sure about the new kids on the block.”
This statement was uttered earlier this week by future friend to the site and TimeWarner CEO, Dick Parson (strangely he has no Wikipedia entry). Of course he is right. 10 years from now TimeWarner, Viacom, News Corp, Sony and the rest will still be around. Just like radio didnt put newspapers out of business, it just made them smaller and less relevant, the “new kids on the block” wont put old media out of business. Smaller and less relevant…
Posted by changesgood 
Change Is Good 
Michael Robertson’s Music Locker Smackdown
June 9, 2007