Semel Yells At Former Colleagues
from the when-will-they-wake-up? dept
Well, at least one entertainment exec seems to get the basics of the opportunity that the internet holds for the entertainment industry. Unfortunately, he’s switched sides and joined the “evil” tech industry that is working so hard to destroy the entertainment industry. That’s right, former Warner Brothers head, and now Yahoo! CEO Terry Semel, pointed out that entertainment execs have been dragging their feet in embracing the internet. It sounds like I’m just repeating what I’ve been saying for years here, but it’s good to hear a former entertainment industry exec seem to understand. He points out that they all knew the internet posed a challenge – but they never did anything about it. Instead, they just cry to Congress for more protection.