An Apple milestone, a warning to TV companies
Apple’s iPod and iTunes milestone announcement here.
“It’s pretty clear to me, as to most people who have watched it, that the record label business is just the canary in the coal mine,” said Phil Leigh, an analyst with Inside Digital Media who has followed the digital music business for years. “The Hollywood studios and the TV production companies — they need to pay attention because their businesses are going to change just as rapidly, and they need to adapt.”
Apple is dominant in the music space because of their ease of use and the experience of the iTunes/iPod connection. Content (music) was already there and they are ironing out DRM issues.
The companies that will succeed in the new online video space will need ease of use, flexibility in viewing (online, tv, mobile) AND quality, compelling content. How many TV and movie studios are ready for that kind of effort? I’d say the work is cut out for them… there are probably some startups with connections that will really make it happen. The question is: which one?
Get ready for another “wild west” of online video companies/sites competing for your attention… THAT will definitely be an interesting show! 8-)
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