Stores will close. It's already happening. Being a music store by itself is a declining business.
More Quotes from Josh Bernoff:
For the most part, Internet TV is still like the minor leagues, ... It's stuff that wasn't good enough to get on the air, or too short to get on the air.Josh Bernoff
I thought they would start higher and work their way down. The problem is, you can't go up.
Josh Bernoff
I expect it will be pretty successful. It will expand the audience for their popular television programs and bring them some revenue.
Josh Bernoff
This is the complete explosion of the distribution model for television. Today is the last day the schedule for television programming makes a difference.
Josh Bernoff
Based on the amount of ad skipping, we believe commercials will be watched 20 percent less (in '07) than they are now, ... Our best estimate is that it will cut 10 percent off of the amount paid for advertising.
Josh Bernoff
The future of media is in these niche markets. And as niches go, this one -- women -- is pretty big. NBC doesn't have any properties currently that address this group.
Josh Bernoff
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