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"Panasonic tells how a typical Japanese multinational learned to restructure itself according to this flexible "American" approach while preserving some essential Japanese attributes. Panasonic is the main brand name for Matsushita Electric Industrial Company; author Francis McInerney consulted for Matsushita's American subsidiary in the late 1990s—when the firm's troubles became most apparent."
Larry King: What's the Web? -- Net-Gen: Who's Larry King?
OnDisruption.com, November 22, 2006
Michael Urlocker
CNN host Larry King says he's never done Internet.
And that's Ok, because most of the Net Generation does not pay attention to CNN nor do they know who Larry King is.
Nothing better illustrates the gap between mainstream media and new disruptive information services like YouTube than this. This is not a mere generation gap as much as a it is a canyon into which incumbents media companies will fall unless they re-invent their service offerings and business models to create a new relevancy to their audiences.
...Francis McInerney at North River Ventures tracks the collapse of network TV caused by the dramatic fall in the price of computing power and bandwidth. As McInerney writes in his blog: "The network TV model broke over 10 years ago when the MIPS barrier was crossed and with Google rapidly realigning advertising efficiencies, network cash flows are starting to hurt."
