Media Bubble: To Avoid Jon Fine, Look Depressed

177

abalk2

07/27/06 01:40PM

Filed to: Media

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• Boston Globe joins trend of selling ads on sectional front pages. God knows The Jimmy Fund needs more venues in which to get its message across. [BG]
• If Jon Fine weren't such a good person he would have had a crucial scoop about National Geographic. National Geographic. C'mon, yellow cover, comes with a map inside? Eh, never mind. [BW]
• YouTube dude doesn't envision bubble bursting, won't sell yet. We see Calcanis-like levels of bitterness on the horizon. [Marketwatch]

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JasonCalacanis abalk2 07/27/06 11:25PM

I think there is an 80% chance that YouTube will go down as the Napster/PointCast of this boom/bust cycle. The major media companies could crush YouTube at any moment by forcing them to take down all the copyrighted content on the service (do a search for Chappelle). My guess is that they will crush it rather than buy it, because if any of them buy it the other four or five media companies will force their content taken down.

as we say in brooklyn: live by the gun, die by the gun.

Note: The bubble/boom/bust cycle isn't a bad thing, it's just our economies way of creating value. EBAY, Yahoo, AOL, and Google make billions in profits a year thanks to the massive boom/bust cycles we've seen over the past 10 years. It's easy to get caught up in the cycle when it is at the peak or valley, but if you look at it over time it's just a speed up version of the normal business cycle.

rock on...