OPEN

The Financial Times reads the riot act to the global media indusry in a  leader today (link – no sub required for this article). Couple of choice quotes:

In the past, closed networks of distribution gave media producers
little monopolies: people bought city evening newspapers because it was
the only way to read local news, find out cinema times and scan
classified advertisements. That is no longer true.

Whether they pay by watching advertisements or subscribing, people will
still seek out interesting and original news and entertainment. Some of
it will come to them in new forms, from blogs and other “user-generated
content”, but plenty will be researched, scripted and edited in the
traditional way.

There’s nothing here that you won’t know already if you’ve been following the development of connected media its disruption of the status quo, but it is eloquently put, and serves as a rallying cry to social media evangelists, change agents and miscellaneous agitators in media and communications everywhere.

It goes into my “heavyweight quotes” folder for use in future presentations, plans and lounge bar debates.