The Internet is now!

Media's Pirate Peril - WSJ.com

Way back in 1999 I watched a 60 minutes piece on the Internet and a busboy who had just started a web site and secured some VC. I don't even remember what the site was, I do know it's long gone.

This busboy enthusiastically said in 2 years he would put CBS out of business and that the reporter interviewing him would no longer have a job. It was incredible chutzpah and obviously didn't happen, but that busboy was only off by about a decade.

This report in WSJ describes Disney's plans to do subscription services for TV, video and other content. There's no question that things were headed in that direction, but this recession has accelerated the process. Newspaper, Radio, TV, Music and Movies are all going away. Not completely, but we will not recognize those media and their radically different distribution models in 3 years. The Internet and the recession are the secret elixir of that metamorphosis.

So in a replay of that 60 Minutes episode of a decade ago; get on board or get pounded by the wave. If you don't we'll be hunting for what's left of you in the foam...