ted turner on media consolidation

[David Farber <dave () farber net>]

Begin forwarded message:

From: Benjamin Black <ben () layer8 net>
Date: July 23, 2004 4:27:09 PM EDT
To: David Farber <dave () farber net>
Subject: ted turner on media consolidation

Dave,

Lots of interesting stuff in here of relevance to IP.

http://www.washingtonmonthly.com/features/2004/0407.turner.html

"In the media, as in any industry, big corporations play a vital role, 
but so do small, emerging ones. When you lose small businesses, you 
lose big ideas. People who own their own businesses are their own 
bosses. They are independent thinkers. They know they can't compete by 
imitating the big guys--they have to innovate, so they're less obsessed 
with earnings than they are with ideas. They are quicker to seize on 
new technologies and new product ideas. They steal market share from 
the big companies, spurring them to adopt new approaches. This process 
promotes competition, which leads to higher product and service 
quality, more jobs, and greater wealth. It's called capitalism."


Ben

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