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Technology Stocks : Seagrams: "Universal" appeal or spirits?

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To: vercors who wrote (4)1/31/2000 10:08:00 PM
From: waitwatchwander   of 13
 
... Has the entertainment industry really come to terms with the Internet?

The Internet disrupts a lot of old businesses. It doesn't do away with them, but it changes them. MP3 has changed the way the recording industry works. Amazon has changed the way books are bought and sold. A lot of people in the TV business think they're immune to that trend. Not only is it crazy to think you are immune, but to survive you've got to embrace the inevitability that the Internet will overwhelm the TV business.

...


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