Something I’ve been saying forever:
- TV-centric media companies look at online video as cannibalistic, but reluctantly get into it.
- Print-centric media companies look at online video as incremental, and see it as salvation and retribution for missing out on Web 1.0 media opportunities, which were largely text-based, and which were as cannibalistic to them as online video is to TV-centric media companies.
I’m not alone in thinking that, Time agrees. Enjoy this video on Time Warner: