"I am a guy who hasn't seen any good come out of the Internet...It seems to have done damage to every (part) of the entertainment business."
--Michael Lynton, chairman & CEO Sony Pictures Entertainment
Thursday, May 14, 2009
Quote of the day
"I am a guy who hasn't seen any good come out of the Internet...It seems to have done damage to every (part) of the entertainment business."
--Michael Lynton, chairman & CEO Sony Pictures Entertainment
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Sneeriously?!?!?!?
ReplyDeleteWow, how cynical! Though as CEO of Sony he would say that I guess. If you can't charge for it, it can't be any good. Never mind the legions of new independent musicians, writers and film-makers that the internet has help get their stuff out there and be seen!
ReplyDeleteTraditional Media is going to make the change (or not) kicking and screaming.
ReplyDeleteThis is one of my personal favorites. I'd like to dedicate it to a young man who thinks he hasn't seen anything good today. Cameron Frye, this one's for you.
ReplyDeleteIt's just sad. Taditional media could be making out like fat rats if they just embraced internet content.
ReplyDeleteI totally agree!
ReplyDeletekicking and screaming, I tell you
ReplyDeleteGuglielmo Marconi called, he said that he's seen nothing good come out of the invention of the TV set.
ReplyDeleteMy. Lynton could have Sony pictures record videos of him saying exceptionally dumb things, post it on YouTube and then sell ad space.
ReplyDelete> This is one of my personal favorites. I'd like to dedicate it to a young man who thinks he hasn't seen anything good today. Cameron Frye, this one's for you.
ReplyDeleteLOL! Awesome.
'The talkies replace vaudville? Ludicrous!'
ReplyDeleteSeriously though, it's kind of sad that this man sees what could easily be the greatest single distribution and communication tool on the damn planet as some kind of detriment to the bottom line. If you utilize the tools you have available, including the Internet, you can not only produce amazing material but have the means to get it to people in a way that the old paradigm just couldn't.
Methinks it's more a fear of a levelled playing field coupled with the knowledge that advanced Internet buzz has the potential to make or break your media (be it a film, novel, comic, whatever). Never mind that the inverse could be true, as X-Men Origins: Wolverine's opening weekend illustrated in spades, besides the fact that there was a free copy available for download online.
Oh dear God, did I just use Wolverine to justify a point? The dirt. . .won't. . .come off. . .!
Stac
It's statements like these that make me so glad I'm spending most of my money on indie artists rather than Sony. What's that? We can cut out the marketing middleman and spend more on the artist? Sign me up!
ReplyDelete"Taditional medica?" This is why I shouldn't check out blogs while eating lunch. :)
ReplyDeleteWithout the Internet, THE BLAIR WITCH PROJECT would have made, like, a buck-fifty at the box office. And that was for starters. Online movie trailers get buzz going much earlier for "geek" films than traditional promotions ever could. And practically for free! This guy's deluded.
ReplyDeleteI don't think this dude believes a word he is saying. I think it's just a front.
ReplyDeleteEither that or he's extremely petty.
Interesting. Doing a video Google search on "Michael Lynton" pulls up 42 videos. Several of these are interviews Mr. Lynton has given, but right at the top there's a paid placement for CNBC.
ReplyDeleteHuh. Wonder how damaging that's been to CNBC?
Was just talking about this the other day. Things like "On Demand" access to films have made new revenue streams for entertainment providers. How does Mr. Lyndon think those movie gets to his TV set? Pixies?
"It seems to have done damage to every (part) of the entertainment business [where we control the channels of distribition]."
ReplyDeleteKey element that was left out.
That is the real power of monopolies and oligopolies. It is how Standard Oil obtained and maintained its monopoly - in that case by controlling rail shipping.