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mpouraryan
mpouraryan
4/28/2016 4:29:59 PM
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Platinum
Virtually Breathless :)))
...as I worked to catch up for the day, I just saw the story this morning and speculation about Katzenberg's' Future--what is clear is that Comcast is positioning itself to be more of a content provider and strengthen its' position--my fear is whether Comcast will exercise this power responsibly or not.

 

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Mike Robuck
Mike Robuck
4/28/2016 4:42:15 PM
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Author
Re: Virtually Breathless :)))
I think the FCC has the same concern, and it will be watching Comcast. We'll see what happens in the approval process. 

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mpouraryan
mpouraryan
4/28/2016 5:07:36 PM
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Platinum
Re: Virtually Breathless :)))
Although Transformation is always to be witness to, the problem is creativity gets lost in the process of corporate concerns and being 'politically correct".     So far the Roberts Family seems to have understood how to execute.

 

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afwriter
afwriter
4/29/2016 2:04:19 AM
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Platinum
Re: Virtually Breathless :)))
If Time Warner can do it Comcast can do it.

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JohnBarnes
JohnBarnes
4/29/2016 7:45:44 AM
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Platinum
Re: Virtually Breathless :)))
I don't know, @mpouraryan, I kind of hope that somebody somewhere in the Big Content world will be willing to exercise their power irresponsibly. Socially, politically, and most of all artistically, it's getting to be a pretty closed loop; does anyone really think radio is better and/or does more good since ClearChannel and its competitors got big enough to standardize the product? Or really want to go back to three networks (one only kept alive for antittrust purposes)?

At some point we'll tip back into a Price's Law situation for content; this just looks like another step in that direction to me.

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mpouraryan
mpouraryan
4/30/2016 11:13:43 AM
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Platinum
Re: Virtually Breathless :)))
As it is becoming a "Closed loop", it is also becoming challenging to break into beyond a doubt.   Since you brought up clear channel, I checked on its' Parent...and they're not doing so "hot"--as I also saw that CBS is looking at strategic options for its' radio unit--as such transformation can take some strange turns.

Enjoy the W-End :))) 

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ms.akkineni
ms.akkineni
4/28/2016 7:26:51 PM
User Rank
Platinum
Entertainment Domain
Another sensational story in the world of media and entertainment. This is just reemphasising that lot of fous in streaming technology. Mobile streaming has become equally if not even more evolving.

It would be interesting to watch what happens. But we have to agree with @mpouraryan's comment that during the course of these things creativity gets lost and other corporate adjustments take the priority. 

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mpouraryan
mpouraryan
4/28/2016 11:36:51 PM
User Rank
Platinum
Re: Entertainment Domain
Let's hope not...

Just picked this up from Fastcompany as I finish off my "Virtual Walk-About" before running off...it is quite a story:
How Jeffrey Katzenberg Created, Built, and Sold DreamWorks Animation
avatar Shared by
Fast Company
thumbnail www­.fastcompany­.com - On Thursday, Comcast made it official and bought DreamWorks Animation (DWA) for a hefty $3.8 billion, bringing to a close a Hollywood saga that began back in the early 1990s when Jeffrey Katzenberg...


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ms.akkineni
ms.akkineni
4/28/2016 11:54:20 PM
User Rank
Platinum
Re: Entertainment Domain
@mpouraryan:

Very interesting read, Thanks much for sharing.

It was good reading through Katzenberg's journey to date and this deal with  DreamWorks, his  baby. I am very impressed to know the way he wore many hats through his efforts to reach his accomplishment. That rage from his Disney's departure is a clear factor for his hunger to prove himself and reach places. He surely did that today. Just would like to mention I was an Ex-Disney employee and his name didn't ring a bell, my bad.

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mpouraryan
mpouraryan
4/28/2016 11:58:01 PM
User Rank
Platinum
Re: Entertainment Domain
It is indeed quite a story--and an inspiring one.

Lessons to be learnt by us all who are students and travelers in this continuous transformation road!!



:))

 

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ms.akkineni
ms.akkineni
4/29/2016 12:02:42 AM
User Rank
Platinum
Re: Entertainment Domain
It surely is an inspirational one !

Absolutely agree with you that there is lot to learn in such stories. Keep sharing good stuff like this and really appreciate that.

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mpouraryan
mpouraryan
4/29/2016 12:04:58 AM
User Rank
Platinum
Re: Entertainment Domain
It is a pleasure and a privilege to serve--I only have to "temper" my enthusiasm at times...

 

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dcawrey
dcawrey
4/29/2016 4:01:00 PM
User Rank
Platinum
Re: Entertainment Domain
Very interesting to see service providers like Comcast and Verizon purchase content companies. I think they both realize being in the content game makes them stand out more that just offering connectivity services, whether that's broadband or wireless. 

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mpouraryan
mpouraryan
4/30/2016 11:15:48 AM
User Rank
Platinum
Re: Entertainment Domain
The synergy is understandable and logical in some ways.  The question is how to make it work--but I would suggest that AOL was not bought, per se, for its' content but its' advertising technology.    Fascinating to be witness to though....

 

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faryl
faryl
4/29/2016 11:31:50 PM
User Rank
Platinum
Re: Entertainment Domain
Great article! Thanks for sharing -

I'll be interested to see how things turn out with this part in particular:

"while Katzenberg will take on the role of consultant to NBCUniversal. Katzenberg will also be chairman of a new division called DreamWorks New Media, overseeing entities like AwesomenessTV, a thriving digital network aimed at millennials in which DWA owns a controlling stake."

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mpouraryan
mpouraryan
4/30/2016 11:17:00 AM
User Rank
Platinum
Re: Entertainment Domain
It would be a logical transformation especially with the transformation of TV itself as TV is becoming increasingly "APP Driven" with the likes of Pluto; Sling; etc. 

 

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batye
batye
4/30/2016 2:00:13 PM
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Platinum
Re: Entertainment Domain
@mpouraryan I think this day everything become an app driven... as where is an app for that :) 

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mpouraryan
mpouraryan
4/30/2016 2:01:28 PM
User Rank
Platinum
Re: Entertainment Domain
The challenge all have on the "transformation" bandwagon is to make sure they stay relevant and stand above the crowd.    It is becoming ever so crowded.

Have a great weekend

:))

 

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ms.akkineni
ms.akkineni
4/30/2016 5:46:41 PM
User Rank
Platinum
Re: Entertainment Domain
  It is becoming ever so crowded.


Just so crowded? I think it's beyind that. This never ending competition of apps at times is becoming little too much. Often times real interesting apps are unseen and unheard for several reasons and soon fading away. 

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mpouraryan
mpouraryan
4/30/2016 7:18:27 PM
User Rank
Platinum
Re: Entertainment Domain
How one "stands above" the crowd is the challenge--Look at how "sling", "HBO Now" and others are trying to figure out how to get our attention--that's not even considering other things that are out there.

Have a fab W-End :)))

 

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batye
batye
5/1/2016 6:34:05 PM
User Rank
Platinum
Re: Entertainment Domain
@mpouraryan  yes, as technology changing more people want to know and learn :) 

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ms.akkineni
ms.akkineni
4/30/2016 5:40:52 PM
User Rank
Platinum
Re: Entertainment Domain
Good Points @mpouraryan.

I agree TV is no longer perceived as treaditional TV. it'a acting more like a front face for many applications.

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mpouraryan
mpouraryan
4/30/2016 7:17:10 PM
User Rank
Platinum
Re: Entertainment Domain
If the transformation does not continue, it will in the end become irelevant.

 

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afwriter
afwriter
4/29/2016 2:06:08 AM
User Rank
Platinum
Of Course
Of course a day after I predict Comcast's demise they go an pull this.  They wouldn't have become the company they are without business savvy.  Diversification like this will keep them going for years; heck, Nintendo started off in the 1800s as a playing card company. 

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JohnBarnes
JohnBarnes
4/29/2016 7:57:51 AM
User Rank
Platinum
Re: Of Course
@afwriter, every day on my way to work I drive past the company headquarters of Ball, which started out making jars for home canning (they don't anymore but their trademark is licensed by a spinoff company), and made artillery shells for WW2, built satellites for NASA in the 1960s, and today is big in avionics -- and recyclable aluminum cans.

They're currently making major investments in big data and data science.

The difference may or may not be that some companies diversify to gain expertise and opportunity, and some seem to diversify to narrow it. Comcast has had a pretty stodgy leadership; it will be interesting to see whether the Dreamworks spirit invigorates them, or they excercise the sort of slow crush-and-dampen that Sony seems to have done on creative companies.

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afwriter
afwriter
4/29/2016 10:14:42 AM
User Rank
Platinum
Re: Of Course
@JohnBarnes I enjoy your shared skeptism about anything Comcast does.  Is it possible that we have some "comcast customer only"  Dreamworks material coming?  I also wonder what this will do with Netflix's deal with Dreamworks?

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Mike Robuck
Mike Robuck
4/29/2016 10:22:27 AM
User Rank
Author
Re: Of Course
@John Barnes I didn't know that about Ball. I used to drive by a Ball factory in Boulder, Colo. many years ago, and we have third and fourth generation Ball canning jars. 

 But back to Comcast, I think this is a hedge against video declines down the road. Comcast wants to be a content provider like Disney. There was a lot of doom and gloom along the same lines when it bought NBCUniversal. The FCC attached some strict rules on that purchase (more diversity programming was one.) I agree with afwriter, here's hoping Comcast doesn't squash DreamWorks creative thinking. 

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Michelle
Michelle
5/2/2016 11:05:07 PM
User Rank
Platinum
Re: Of Course
@Mike I hope the Comcast deal just acts as a funnel to keep DreamWorks well-funded and functioning as it is. It would be a shame if the buy resulted in a collapsed DreamWorks. :(

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JohnBarnes
JohnBarnes
4/30/2016 12:27:48 AM
User Rank
Platinum
Re: Of Course
@afwriter,

Well, content has a way of escaping from sole-provider deals that is amazing to observe, so amazing that people who have seen it a hundred times don't believe it.  There is ultimately only temporary money in "X-only" content deals; "only" has a tendency to collapse under even very slight pressures.

Publishers are more realistic: for generations, magazines and book publishers tended to buy "First" or "Reprint" rights for "Region" and for narrow uses (magazine v. bound volume, etc.). Hence what many writers in my generation learned to sell to the US market: "First North American Serial Rights," meaning the right to be the first company, with a short exclusivity period, to publish the work in a magazine or newspaper circulated on the continent of North America. ("North American" because magazines moved freely between the US and Canada and almost as freely between US and Mexico). This wasn't because publishers didn't prefer "All Rights Forever Everywhere" -- most did -- but they knew realistically that FNASR was enforceable and "All Rights" required a defensive effort far beyond the value of the item.

Content distributors keep dreaming of a perpetual lock on highly in-demand content. But it's not possible. If it's highly in demand, that lock will be broken, legally or not.

 

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freehe
freehe
4/30/2016 7:44:20 PM
User Rank
Platinum
Re: Of Course
How will the deal be approved if DreamWorks and Verizon both owe stakes in Awesomeness TV, seems like a conflict of interest for Comcast. The same thing is happening with the AmBev and Pepsico Deal.

It is great that companies are able to provide customers with more services but it doesn't make sense for the FCC to allow companies to get big, say they are too big, tell them to break off into smaller companies only to merge and get big again. Sigh!

 

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ms.akkineni
ms.akkineni
4/30/2016 8:16:33 PM
User Rank
Platinum
Re: Of Course
I was excatly thinking about the same, both companies stake in Awesomeness TV. It will be interesting to watch further. 

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mpouraryan
mpouraryan
5/1/2016 6:43:53 PM
User Rank
Platinum
Re: Of Course
..and to add to the discourse, we have to ever so concerned about innovation.    It reminds me of the last scene in the HBO documentary, The Newsroom, when everything was ultimately driven by corporate concerns, sponsors & things that have truly held innovation back as I see it.   How these guys navigate thru it all will be interesting to observe as we are all witness to this "transformation" process.

:)



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batye
batye
5/2/2016 1:25:49 AM
User Rank
Platinum
Re: Of Course
@mpouraryan  I agree with you, as we living in the future now....

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faryl
faryl
4/29/2016 11:28:23 PM
User Rank
Platinum
Re: Of Course
I didn't know that about Nintendo!

Googled to read more about that and found this tidbit that seems somewhat particularly relevant to this post:

"In the late 1950s, Hiroshi Yamauchi, then-president of Nintendo, made two consequential visits to the United States. His first visit was to the United States Playing Card Company, at the time the largest card making company in the world. On his visit there he had hoped to find ways in which to enlarge his own company, but went away in astonishment that it was very similar in size to Nintendo. His second visit was to The Walt Disney Company. There, he would discuss the possibility of distributing playing cards baring the likenesses of Disney's properties in Japan. He successfully bargained with them and returned home with one of the most lucrative licenses in the entire world. With access to several Disney characters, Nintendo aired their first television commercial. The success of the Disney cards was so substantial that Nintendo's profits tripled and they were allowed to join the Osaka and Kyoto stock exchange"

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clrmoney
clrmoney
4/29/2016 10:22:32 AM
User Rank
Platinum
Comcast and Dreamworks
I wonder how will this work out between those two wil be better or worse for business etc.

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