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February 02, 2004

Shift in balance of power

This strikes me as a worthwhile observation about an industry power shift that is slowly but steadily progressing:

The decision by Steven P. Jobs, chief executive of Pixar Animation Studios, to walk away from his partnership with Michael D. Eisner and the Walt Disney Company is the clearest indication yet that Mr. Jobs is becoming the personification of the digital media mogul.
  The collapse last Thursday of the Disney- Pixar negotiations over a new distribution agreement appears to have been a clash of egos and business interests. But it was also very much a sign of the changing balance of power between the conventional media giants and the entrepreneurs wielding digital technologies that are rapidly changing the way media content is made and distributed. [NY Times, by way of MacInTouch]

February 2, 2004 in Web/Tech | Permalink

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