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Narasimhan made the comment in response to a question from Stephanie Mehta, editor-in-chief of Fast Company, who asked the Big Pharma executive what he does to make sure he’s not getting too complacent in his role. He said being prepared not only to embrace disruption, but to be the one who initiates it, starts with looking inward and working your way out. … [Read more...] about The phenom of Big Pharma says ‘self-disruption’ is key to success as a CEO
To Netflix’s credit, at least it understands that it should never compete against YouTube in the advertising business. Hastings, asked yet again about the possibility of advertising on the service, made clear that there’s no competing with Google, Facebook, and Amazon and the massive amount of data it’d need to target ads even to scrape out $5 billion in advertising revenue. The implication: Let all those new streaming services hoping to make money from ads flail against Big Tech’s ad machines. (That does not mean that you won’t see more brands on Netflix, of course. Perhaps those relationships with marketers can help Netflix bring down its remarkable $12 billion-plus in annual marketing expenses.) … [Read more...] about Netflix’s YouTube envy puts it on an unsustainable path
A few outcomes are possible: Viacom and CBS could merge and then go shopping for more assets to make it even more of a competitor to Netflix, Disney, and Comcast, all of which would still dwarf Viacom-CBS in market value. For example, the company could buy Lionsgate and leverage its content—The Hunger Games, Twilight—on CBS All Access, CBS’s streaming service. Lionsgate’s top brass has been actively courting deals and vice chairman Michael Burns has mentioned everyone from Comcast to Amazon to Verizon and, yes, CBS, as possible buyers. … [Read more...] about AT&T is acquiring Time Warner. Now what?
An elegant, easy-to-use interface has been a hallmark of Hulu’s since its 2008 launch, thanks to founding CEO Jason Kilar, who maintained a near-maniacal attention to design. He ensured that Hulu has been thinking about the technical nuances of television viewing for nearly a decade—unlike, say, AT&T. When Hopkins became Hulu CEO in 2013, the former 21st Century Fox executive was expected to be able to smooth out the tensions among Hulu’s corporate parents—Disney, 21st Century Fox, and Comcast (more recently, Time Warner became a minority owner)—that marked Kilar’s tenure. He also had to brush up on his tech skills. Though steeped in television distribution, Hopkins was such a digital novice that Peter Rice, chairman and CEO of Fox Networks Group, welcomed him to Hulu by sending him a Steve Jobs uniform (black mock turtleneck, New Balance sneakers, faded jeans) and a copy of The Internet for Dummies. … [Read more...] about Can Hulu Reprogram The Way We Watch TV?