Time Warner Says YouTube Wont Change Media Industry
Posted October 13, 2006 — in Music News
Time Warner Inc. CEO Richard Parsons said YouTube won’t fundamentally change the business model of the media industry, Handelsblatt reported.
YouTube shouldn’t be “overrated” as the technology of the video sharing Web site “is not unique,” Parsons was quoted as saying by the German newspaper. YouTube is “not the future of television,” he told Handelsblatt.
It seems a lot of corporations are uneasy about this whole YouTube concept. You can hear it in their statements. YouTube is going to make drastic changes to the media market.. Instead of analyzing the problem beyond belief .. they should counter it or it will be similar to the music industry turnover again.
Comment by real mad — October 13, 2006 @ 11:29 am
oh..oh.. could it be that some very enterprising person may have put together a little half hour show and up loaded to youtube and put product placement in the short film to pay production and now can have a new version of internet tv?big companys do we feel threaten?
Comment by larry andreson — October 13, 2006 @ 2:26 pm