Quality journalism is expensive, and to the extent that it provides a public good, we will find ways to fund it. But top-heavy, poorly run, arrogant-to-the-bitter-end media companies? This is their crisis, not our crisis, and it certainly isn’t about journalism.
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sleep late, have fun, get wild, drink whiskey, and drive fast on empty streets with nothing in mind except falling in love and not getting arrested …” – Hunter S. Thompson
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Sony BMG - now solely owned by Sony and operating as Sony Music Entertainment - lost $61 million on the year ending March 31st according to the filings.
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his approach, however, created a problem: customers couldn’t download music from any Websites except those that contracted with Sony. If we had gone with open technology from the start, I think we probably would have beaten Apple Inc. of the US.” - Sony Chairmen & CEO Howard Stringer
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I have a hunch that Sony owning both a music division and a media player division led to its dwindling importance in the digital world. The Walkman and Discman were wildly popular - as dominant in their day as Apple is now.
It’s only a hunch, but I imagine a collosal internal struggle between thoses two divisions, with the music division winning.
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When the game becomes about effort over ability, it becomes unrecognizable—a shocking mixture of broken plays and flailing limbs and usually competent players panicking and throwing the ball out of bounds. You have to be outside the establishment—a foreigner new to the game or a skinny kid from New York at the end of the bench—to have the audacity to play it that way.
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