September 1st, 2010
Last November, I wrote a column here about the future of cable television. In that column from last November I forecast:
“Cable television subscriptions will experience noticeable percentage declines in the next three to five years.”
Last week it was announced that for the first time in history paid television subscriptions dropped 216,000 with cable taking the greatest hit.
The conventional wisdom of course is that this is due to the bad economic conditions of today. Of course that is a factor, but the times have been bad for the past two years. The new dynamic is what I touched upon …
October 21st, 2009
To many, the absolute collapse of the magazine industry in 2009 may seem stunning. What is stunning to me is that the industry didn’t see it coming and take steps to avert this collapse. Once again, another industry can only see a year ahead and thinks that a down year – 2008 – would be followed by a flat or up year. Historically in the advertising business that has been the career experience of the senior executives, so why not look to the past for reassurance?
The Big Three auto companies had an insular culture that didn’t pay attention to outside …
February 10th, 2009
December 9th, 2008
We are coming to an end of the greatest financial age of sports in history. The twelve years between 1996 and 2008 were years when the money around sports exploded beyond any precedent era. This also means that, going forward, the economics around sports in general will decline, at least for the next 5-8 years if not longer.
The bookends for these 12 years of explosive financial growth are the Atlanta Olympics in 1996 and the Beijing Olympics of 2008. The Atlanta Olympics were the first post-cold war Olympics and, being held in the U.S. created a huge marketing platform. The …