(02-21-2019 12:31 AM)arkstfan Wrote:  

(02-18-2019 09:30 AM)quo vadis Wrote:  

(02-17-2019 11:23 PM)Attackcoog Wrote:  

(02-17-2019 10:45 PM)quo vadis Wrote:  

(02-17-2019 05:27 PM)Attackcoog Wrote:  I dont know. Facebook basically owns a website. Its a popular website--but its already largely abandoned by its early adopters (young kids) for Twitter and Instagram. Yahoo and MySpace are lessons in how quickly a website based giant can fall apart. Disney and networks like NBC or CBS have a crap load of owned content thats valuable regardless of the platform its transmitted from. I'd suggest that those older content driven companies are bit more solid right now....though I guess that can change as well.

FWIW, Facebook bought Instagram for $1 Billion in 2012. It is estimated to be worth $100 Billion today.

I did not know that. Instagram---and twitter---is where my young adult kids spend all their phone screen time. Id think thats a property with some room to grow. Still---your talking about a flightly clientele thats always looking for the next trendy thing....so who knows.

That's true, but the concept is likely to endure. E.g., Myspace was knocked out - by Facebook, but the concept - social media - endured and got bigger.

IMO, ignoring firms like Facebook, that have among the largest market caps in the world - is short term thinking.

Part of the attachment to traditional media among G5 can probably be explained by striver status psychology. E.g., in academia, some professors insist on being called "doctor" or "professor" by their students and even colleagues (or are silently irked when they aren't), while others don't care what they are called. Usually, the former are either (a) brand-new PhDs who just earned their degree and are trying to build their reputation, or (b) those who got their degree from a non-prestigious school. The ones who don't are usually senior types with a long-established research record and status in their fields.

IOW's, those who are secure in their status don't require the formal acknowledgment of it, while those who are insecure about it do. Bowing to such insecurities might cause G5 to miss important opportunities.

That's what we in the legal profession call a load of bull. It rattles around yet makes no sense.

Facebook pulled out of streaming boxes and is just now coming back. Hasn't even been on Apple TV for a year and they aren't putting any significant effort into pushing it. They bury the fact they even support it.

Actually, it makes a lot of sense. There is a lot of research that shows that insecurity about status tends to be associated with a preoccupation with status recognition.

As for Facebook, we know they are in the infant stages of broadcasting live sports. But if they were actually to make a conference an offer for media rights, that would presumably be a manifestation of a commitment on their part to upgrade their capabilities, etc.

If I was a conference commissioner, I would definitely be happy to meet with anyone from Facebook who wanted to discuss buying some aspect of our media rights.