No matter how bad the last few years have been for your business, you can at least take solace from the fact that you’re not in the media industry. (Unless, of course, you are in the media industry.) Shrinking revenues, customers who pirate (and actively distribute) products, dizzying technology change, new competitors, defecting advertisers, plummeting discretionary consumer spending — almost everything that could go wrong for music, magazine publishing, radio, newspapers, and broadcast television has gone wrong in the last fifteen years.
The Media Industry is the Canary in the Coalmine
No matter how bad the last few years have been for your business, you can at least take solace from the fact that you’re not in the media industry. (Unless, of course, you are in the media industry.) Shrinking revenues, customers who pirate (and actively distribute) products, dizzying technology change, new competitors, defecting advertisers, plummeting […]
March 08, 2011
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New!
HBR Learning
Innovation and Creativity Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Innovation and Creativity. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Unlock your team's curiosity and willingness to take smart risks.