Didn't See That Coming
Fred Zollo, the producer of the Mississippi Burning , dismissed the Internet threat to the movie industry, less than a decade back: “How can you watch a movie on a computer screen?” Except that almost everyone, everywhere today is glued to their smartphones watching movies! Which, by the way, are so much smaller than the computer screens that Zollo was so contemptuous about. And that’s without even getting into the people who watch movies on their tablets or even (gasp) their PC’s and laptops. Today Netflix has as many subscribers as HBO…streaming movies and serials via the Internet is starting to catch up with good old cable. This isn’t a blog to mock someone with the benefit of hindsight. Rather, it’s about this question Seth Godin that once asked: “How come so many of the attendees at the 1927 Solvay Conference went on to win the Nobel Prize in physics?” The equivalent question applies to every tectonic shift that is triggered by the tech sector, like watching movies o...