There's a business school case study about the fledgling airline business in the early part of the 20th century. According to the story, after the Wright Brothers flew their airplane, some entrepreneurs decided that they should fund an aircraft company. They thought about where to get the money and decided to seek out one of the richest, most powerful corporations in America. They arrived at the offices of a giant railroad company and made their presentation. The executives listened attentively to the pitch and then summarily dismissed the nascent aviators, telling them, "We're in the railroad business, not the airline business."
November 8, 2006 — It’s about 1:30am on the East Coast. Election coverage is winding down. The Democrats took control of the House and everyone is still waiting to see what will happen with the Senate. Of course today’s really big news is that Verizon will be offering YouTube content on its Vcast and FIOS […]
TO LISTEN TO HOWARD STERN’S new radio show on Sirius Satellite Radio, you need a satellite radio receiver and a paid subscription to the service–or do you? The show is being rebroadcast (albeit slightly delayed) on a bunch of “pirate” radio stations. It’s all over the Internet in the form of podcasts and progressively downloadable […]
Some major telcos have started lobbying our elected officials for the right to create a two-tiered Internet, “regular” and “premium.” You guessed it, not only would the telcos get to charge everyone more for the faster service, they’d also get to deny the faster service to competitors. Ouch! As you can imagine, the prospect of […]
Cable and Congress are at it again. During a hearing that was supposed to be about indecency, Federal Communications Commission Chairman Kevin Martin brought up a study which “concludes that purchasing cable programming in a more a la carte manner in fact could be economically feasible and in consumers’ best interest.” The idea of a […]