[IP] ted turner on media consolidation
Begin forwarded message:
From: Benjamin Black <ben@xxxxxxxxxx>
Date: July 23, 2004 4:27:09 PM EDT
To: David Farber <dave@xxxxxxxxxx>
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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