Umair Haque / Bubblegeneration
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Tuesday, October 09, 2007

Industry Note: When Market Leaders Are Still Behind the Curve


Les Moonves is getting it half-right; but his inability to make the distinction between markets, networks, and communities is going to cause future problems.

Last.fm isn't really a social net - and misunderstanding what it is is going to cause confusion about why and where CBS should leverage it.

In this case, video might be a bridge too far - and where's the need for it? The music market is rich enough to let the Last.fm acq pay itself back numerous times over.

I think Les should focus on what the next value chain looks like - he's doing better than most media CEOs, but that's not saying much :)

-- umair // 12:37 PM // 0 comments


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