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	<title>Comments on: Old media needs to embrace change</title>
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	<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/</link>
	<description>Nic Brisbourne's view from London on venture capital and exploiting change in technology and media</description>
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		<title>By: penplusbytes (penplusbytes)</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7732</link>
		<dc:creator>penplusbytes (penplusbytes)</dc:creator>
		<pubDate>Tue, 08 Jun 2010 08:34:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7732</guid>
		<description>Old media needs to embrace changehttp://tinyurl.com/y92g8dz</description>
		<content:encoded><![CDATA[<p>Old media needs to embrace changehttp://tinyurl.com/y92g8dz</p>
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		<title>By: brisbourne</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7261</link>
		<dc:creator>brisbourne</dc:creator>
		<pubDate>Tue, 11 May 2010 13:46:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7261</guid>
		<description>Thanks Jeremy.  Those stats are awesome.  The Apple ecosystem is starting to look like it might be the only show in town for some time to come.  I hope not.</description>
		<content:encoded><![CDATA[<p>Thanks Jeremy.  Those stats are awesome.  The Apple ecosystem is starting to look like it might be the only show in town for some time to come.  I hope not.</p>
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		<title>By: Jeremy Ashburn</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7260</link>
		<dc:creator>Jeremy Ashburn</dc:creator>
		<pubDate>Tue, 11 May 2010 05:03:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-7260</guid>
		<description>I&#039;ve recently been following the iPad craze. While I don&#039;t think that the iPad will save print I do think it will help transition print into the next wave of digital communication. I just heard an NPR article that said that as of May 3 Apple has sold a startling One Million iPads! This happened in only the first 28 days! They indicated that now 1 out of 300 Americans own the iPad and are showing it off to their friends. Now Apple’s App store has 12 million apps versus the 1 million they had at the April launch. These stats are incredible. It’s obvious that the iPad is taking off. The wildest thing that struck me is that this data only refers to the WiFi versions of the iPad; the 3G version was just released this past Friday.</description>
		<content:encoded><![CDATA[<p>I&#39;ve recently been following the iPad craze. While I don&#39;t think that the iPad will save print I do think it will help transition print into the next wave of digital communication. I just heard an NPR article that said that as of May 3 Apple has sold a startling One Million iPads! This happened in only the first 28 days! They indicated that now 1 out of 300 Americans own the iPad and are showing it off to their friends. Now Apple’s App store has 12 million apps versus the 1 million they had at the April launch. These stats are incredible. It’s obvious that the iPad is taking off. The wildest thing that struck me is that this data only refers to the WiFi versions of the iPad; the 3G version was just released this past Friday.</p>
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		<title>By: kevinbums (Kevin Burns)</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6915</link>
		<dc:creator>kevinbums (Kevin Burns)</dc:creator>
		<pubDate>Wed, 10 Mar 2010 19:14:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6915</guid>
		<description>Old media needs to embrace change &#124; The Equity Kicker http://tinyurl.com/y92g8dz - Some great points about old vs. new media.</description>
		<content:encoded><![CDATA[<p>Old media needs to embrace change | The Equity Kicker <a href="http://tinyurl.com/y92g8dz" rel="nofollow">http://tinyurl.com/y92g8dz</a> &#8211; Some great points about old vs. new media.</p>
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		<title>By: rhitu</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6907</link>
		<dc:creator>rhitu</dc:creator>
		<pubDate>Tue, 09 Mar 2010 16:13:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6907</guid>
		<description>The desire of old media to continue with stagnant business models is the same story being played out in the music industry &lt;br&gt;&lt;a href=&quot;http://bit.ly/bgFle3&quot; rel=&quot;nofollow&quot;&gt;http://bit.ly/bgFle3&lt;/a&gt; &lt;br&gt;maybe burning the boats is an extreme (!) but the flexibility to adjust to new technological developments would be a desired given in the industry</description>
		<content:encoded><![CDATA[<p>The desire of old media to continue with stagnant business models is the same story being played out in the music industry <br /><a href="http://bit.ly/bgFle3" rel="nofollow">http://bit.ly/bgFle3</a> <br />maybe burning the boats is an extreme (!) but the flexibility to adjust to new technological developments would be a desired given in the industry</p>
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		<title>By: danbloom</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6904</link>
		<dc:creator>danbloom</dc:creator>
		<pubDate>Tue, 09 Mar 2010 12:33:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6904</guid>
		<description>maybe blog on my snailpaper song, pro or con, Carl BErnsetien saw it heard it said to me BRAVO, Diana McCellan at old Wash Star calls it &quot;the world&#039;s first musical obit for newspapers&quot;&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.youtube.com/watch?v=BnZKIk1Krp8&quot; rel=&quot;nofollow&quot;&gt;http://www.youtube.com/watch?v=BnZKIk1Krp8&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>maybe blog on my snailpaper song, pro or con, Carl BErnsetien saw it heard it said to me BRAVO, Diana McCellan at old Wash Star calls it &#8220;the world&#39;s first musical obit for newspapers&#8221;</p>
<p><a href="http://www.youtube.com/watch?v=BnZKIk1Krp8" rel="nofollow">http://www.youtube.com/watch?v=BnZKIk1Krp8</a></p>
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		<title>By: danbloom</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6905</link>
		<dc:creator>danbloom</dc:creator>
		<pubDate>Tue, 09 Mar 2010 12:32:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6905</guid>
		<description>it&#039;s a noiveltsong about print newspsapers i call em snailpapers&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.youtube.com/watch?v=BnZKIk1Krp8&quot; rel=&quot;nofollow&quot;&gt;http://www.youtube.com/watch?v=BnZKIk1Krp8&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>it&#39;s a noiveltsong about print newspsapers i call em snailpapers</p>
<p><a href="http://www.youtube.com/watch?v=BnZKIk1Krp8" rel="nofollow">http://www.youtube.com/watch?v=BnZKIk1Krp8</a></p>
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		<title>By: danbloom</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6906</link>
		<dc:creator>danbloom</dc:creator>
		<pubDate>Tue, 09 Mar 2010 12:32:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6906</guid>
		<description>&lt;a href=&quot;http://www.youtube.com/watch?v=BnZKIk1Krp8&quot; rel=&quot;nofollow&quot;&gt;http://www.youtube.com/watch?v=BnZKIk1Krp8&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p><a href="http://www.youtube.com/watch?v=BnZKIk1Krp8" rel="nofollow">http://www.youtube.com/watch?v=BnZKIk1Krp8</a></p>
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		<title>By: michaeljung</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6903</link>
		<dc:creator>michaeljung</dc:creator>
		<pubDate>Tue, 09 Mar 2010 02:19:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6903</guid>
		<description>&quot;Old media’s excitement about the iPad is symptomatic of an industry in existential crisis.&quot; Holding onto everything which promises the same type of control over their domain and content. But by handing over their content into the iPad/Steve Jobs channel, they don&#039;t have THAT much control. And who knows what the App can. I bet I won&#039;t be able to push links and citations to Tumblr/Delicious &amp; Co. as easy as I am able to do here (Firefox). &lt;br&gt;&lt;br&gt;True words aren’t beautiful, beautiful words aren’t true. &lt;br&gt;&lt;br&gt;Here is an annotated riff on the situation (&lt;a href=&quot;http://michaeljung.tumblr.com/post/424728127/the-economist-schumpeter-column-the-emperors&quot; rel=&quot;nofollow&quot;&gt;http://michaeljung.tumblr.com/post/424728127/th...&lt;/a&gt;)&lt;br&gt;&lt;br&gt;Here is another opinion I have (&lt;a href=&quot;http://michaeljung.tumblr.com/post/422544296/future-of-media-from-sir-martin-sorrell-ftmedia10%29:&quot; rel=&quot;nofollow&quot;&gt;http://michaeljung.tumblr.com/post/422544296/fu...&lt;/a&gt;&lt;br&gt;&quot;[T]he time where you can reap huge profits (being able to build an empire/conglomerate) is over. That is pure economics. Thus, it -the competition- drives down your margin as you compete for customers with basically the same good (the same story that Michael Jackson died). The end of the story will be, (1) that this process (or transition effects) will plateau … sometime, (2) distinction between competitors will be the overall brand and product (talent, track record, quality), and (3) price differences will be narrow for general news.&lt;br&gt;&lt;br&gt;Basically, the business of publishing ‘what happened in the world today’, becomes a near-commodity, a digital commodity (laws of copy &amp; paste, least ownership, creativity driven, distribution not controllable etc).&quot;&lt;br&gt;&lt;br&gt;Here is another annotation about control (&lt;a href=&quot;http://michaeljung.tumblr.com/post/271524673/five-publishers-set-to-start-building-digital&quot; rel=&quot;nofollow&quot;&gt;http://michaeljung.tumblr.com/post/271524673/fi...&lt;/a&gt;).&lt;br&gt;&lt;br&gt;Saving the status quo of anno 1995 is impossible. They can&#039;t save the printing presses made of steel. The printing press of tomorrow is made of fiber optics. Period.      &lt;br&gt;&lt;br&gt;&quot;We think about things differently when we are trying to invent something, instead of trying to save it.&quot; (&lt;a href=&quot;http://michaeljung.tumblr.com/post/255242941/we-think-about-things-differently-when-we-are&quot; rel=&quot;nofollow&quot;&gt;http://michaeljung.tumblr.com/post/255242941/we...&lt;/a&gt;)&lt;br&gt;&lt;br&gt;I think I got my point across ;) &lt;br&gt;Keep on the good work.&lt;br&gt;MJ.&lt;br&gt;&lt;br&gt;PS: Added you to my VC list and first to connect when I have a prototype/mock-up of my business to support the likes of NYTimes and Bloggers at the same time. Connecting publishers with readers vice versa.</description>
		<content:encoded><![CDATA[<p>&#8220;Old media’s excitement about the iPad is symptomatic of an industry in existential crisis.&#8221; Holding onto everything which promises the same type of control over their domain and content. But by handing over their content into the iPad/Steve Jobs channel, they don&#39;t have THAT much control. And who knows what the App can. I bet I won&#39;t be able to push links and citations to Tumblr/Delicious &#038; Co. as easy as I am able to do here (Firefox). </p>
<p>True words aren’t beautiful, beautiful words aren’t true. </p>
<p>Here is an annotated riff on the situation (<a href="http://michaeljung.tumblr.com/post/424728127/the-economist-schumpeter-column-the-emperors" rel="nofollow">http://michaeljung.tumblr.com/post/424728127/th&#8230;</a>)</p>
<p>Here is another opinion I have (<a href="http://michaeljung.tumblr.com/post/422544296/future-of-media-from-sir-martin-sorrell-ftmedia10%29:" rel="nofollow">http://michaeljung.tumblr.com/post/422544296/fu&#8230;</a><br />&#8220;[T]he time where you can reap huge profits (being able to build an empire/conglomerate) is over. That is pure economics. Thus, it -the competition- drives down your margin as you compete for customers with basically the same good (the same story that Michael Jackson died). The end of the story will be, (1) that this process (or transition effects) will plateau … sometime, (2) distinction between competitors will be the overall brand and product (talent, track record, quality), and (3) price differences will be narrow for general news.</p>
<p>Basically, the business of publishing ‘what happened in the world today’, becomes a near-commodity, a digital commodity (laws of copy &#038; paste, least ownership, creativity driven, distribution not controllable etc).&#8221;</p>
<p>Here is another annotation about control (<a href="http://michaeljung.tumblr.com/post/271524673/five-publishers-set-to-start-building-digital" rel="nofollow">http://michaeljung.tumblr.com/post/271524673/fi&#8230;</a>).</p>
<p>Saving the status quo of anno 1995 is impossible. They can&#39;t save the printing presses made of steel. The printing press of tomorrow is made of fiber optics. Period.      </p>
<p>&#8220;We think about things differently when we are trying to invent something, instead of trying to save it.&#8221; (<a href="http://michaeljung.tumblr.com/post/255242941/we-think-about-things-differently-when-we-are" rel="nofollow">http://michaeljung.tumblr.com/post/255242941/we&#8230;</a>)</p>
<p>I think I got my point across <img src='http://www.theequitykicker.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' />  <br />Keep on the good work.<br />MJ.</p>
<p>PS: Added you to my VC list and first to connect when I have a prototype/mock-up of my business to support the likes of NYTimes and Bloggers at the same time. Connecting publishers with readers vice versa.</p>
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		<title>By: Webinars &#171; Tropico</title>
		<link>http://www.theequitykicker.com/2010/03/08/old-media-needs-to-embrace-change/#comment-6902</link>
		<dc:creator>Webinars &#171; Tropico</dc:creator>
		<pubDate>Mon, 08 Mar 2010 18:02:30 +0000</pubDate>
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		<description>[...] Old media needs to embrace change (theequitykicker.com) [...]</description>
		<content:encoded><![CDATA[<p>[...] Old media needs to embrace change (theequitykicker.com) [...]</p>
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