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Meg Weaver, writing in her 10/12/05 Wooden Horse News Alert asked:
Is this guy serious?[media content] Listen to this article
Terry Semel, CEO of Yahoo, talked to the attendees at a recent Internet trade show, calling Yahoo a "media company" because "in the 20th century, media was about content and distribution." But now, "to be a media company, technology is at the core."
Media is not about content?
posted by Georganna Hancock M.S. | 8:47 AM
2 Comments:
I don't agree with the comment, but I do agree that it's become fact. The media is about capitalism rather than informing. Why else in the world would we allow the crisis in Darfur to slip under the radar screen, and anyone who's ever been a pro athlete or in a movie get signed to a book deal while thousands of talented authors would sign to an agent/publisher in a flash?
Our world is all about money, now, so sad but true.
I doubt there was ever controversy that businesses exist to make profits. I think what Meg Weaver questions is the notion that beyond making money media companies are no longer concerned with the actual information they carry, that high technology is more important than data are. "Data" and "media" are both plural words, by the way.
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