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Quotes tagged “The Present Of Media”
It is taking a $31 million loss in the process.”
It’s possible that retention bonuses or other payouts that don’t show up on the acquiring company’s books account for the discrepancy.”
In contrast, "a business" earns exceptional profits only if it is the low-cost operator or if supply of its product or service is tight. Tightness in supply usually does not last long. With superior management, a company may maintain its status as a low-cost operator for a much longer time, but even then unceasingly faces the possibility of competitive attack. And a business, unlike a franchise, can be killed by poor management.”
Revenue from Google sites grew 24% during the second quarter, compared with just 3% revenue growth across Google’s network.”
In this nascent new order, competitors are defined largely by their limitations. While the terms and prices that publishers can accept from advertisers are set by the need to support a connected news or entertainment organization — the reason they chose this controversial path in the first place — conventional agencies are hampered by a dependence on lucrative TV work, from which they are accustomed to low volumes and high margins.”
Traditional creatives (though talented) gained cultural influence through their connection to insiders and access to capital. Today’s curators are influential because they have relationships with audiences. They’re hired by fans because of their taste, not hired by executives to satiate the appetites of fans. This, when combined with frictionless commerce and fan engagement channels, can also make these influencers far more wide-reaching and multi-vertical than even the Oprahs and Martha Stewarts of the past.”
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Kelly Peacock is an accomplished poet and social media expert based in Brooklyn, New York. Kelly has a Bachelor's degree in creative writing from Farieligh Dickinson University and has contributed to many literary and cultural publications. Kelly assists on a wide variety of quote inputting and social media functions for Quote Catalog. Visit her personal website here.
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