"The age of the conglomerate is over," Redstone said, addressing a small group of reporters at an annual retreat for media moguls in Sun Valley, a scenic resort tucked into the mountains of Idaho.Which is precisely what The Antagonist said right here several weeks ago and a good while before that.
"Sometimes divorce is better than marriage," Redstone said. "The world has changed" since Viacom announced in 1999 that it was buying CBS Corp.
"It's time to take a new look and adapt."
On a similar note, a Dutch judge, in keeping with the Dutch national pass-time of adopting incredibly reasonable approaches to everything such as the regulation of nature's plants, has ruled that five major Dutch ISPs must adopt the only reasonable approach to the privacy and rights of their customers in light of corporate bullying from Brein, an organisation which represents 53 media companies looking take some Dutch kids to court rather than adapt their business practices to meet the demands of the market.
Maybe Brein should pay attention to the wise words of Sumner Redstone, empire builder of the media world, if not those of The Antagonist.
Both stories via the excellent Digital Music Weblog.