by John Hawkins | May 9, 2007 1:25 pm
From a Reuters article called, “Old media turns combative against new media.”
“…Leading media executives took a combative tone against Internet companies on Tuesday, suggesting that Big Media increasingly considers new content distributors like Google Inc. to be more foe than friend.
At a panel discussion on the second day of the 56th annual National Cable & Telecommunications Association conference, top executives said talk of the demise of traditional media in the digital age was overblown.
The Googles of the world, they are the Custer of the modern world. We are the Sioux nation,” Time Warner Inc. Chief Executive Richard Parsons said, referring to the Civil War American general George Custer who was defeated by Native Americans in a battle dubbed “Custer’s Last Stand”.
“They will lose this war if they go to war,” Parsons added, “The notion that the new kids on the block have taken over is a false notion.”
So, how did that war end up going for the Sioux Nation?
Hat tip to Instapundit for the story.
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