Quote of the Day

“Media executives are going into self-preservation mode. They know that all media businesses are going digital, eventually.
But right now, they are more concerned with sheltering their core
business than with pushing forward a digital business that will leech
attention and profits from the core business.”

Erick Schonfeld,, Tech Crunch, writing in an article about how The Digital Divisions Are Dead At Big Media

Susan sez: Ain’t this the truth!  It’s getting harder and harder for these large business to compete at appropriate profit margins.