Anand Sanwal, CB Insights CEO, constantly reminds organizations that the most difficult decision management has to make is determine it’s time to change direction, replace/kill their best product line because the world is changing; and if they don’t do it, someone else will (https://bit.ly/2KyO3zw).
When you scroll through the list of 59 quotes, the missteps are painfully, humorously obvious; and you can draw a strong comparison with the shift that is taking place in the M&E industry.
While cable TV is still the entertainment industry’s cash cow, customers around the globe are cutting/shaving their cords.
The cancellations of traditional video service subscriptions and declines in viewership are depressing advertising growth, according to Michael Nathanson, of the MoffettNathanson analyst firm.