Posted by malebolgia on 14 October 2004 - 14:44 · 20 comments & 1239 views
California (Hollywood Reporter) -- Bill Gates predicts a future for the entertainment industry in which traditional broadcast television is rendered irrelevant. It's a positive vision, however, because new and better business models made possible by technology are emerging.

In an interview with The Hollywood Reporter, the Microsoft Corp. chairman and chief software architect, recalled a conversation in 1991 during which Larry Tisch was having buyer's remorse over his investment in CBS, noting that the impending changes were evident even then.

"Broadcast TV is under a challenge. That's news to no one," Gates said. "You know, ABC was more valuable for its (ESPN) sports franchise than its broadcast franchise even years ago. That was recognized. The networks have a still super-interesting position, but it won't be like it is today."

News source: CNN


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(8 replies) Quote this comment Reply to this comment #1 Posted by rIaHc3 on 14 Oct 2004 - 14:54
Bill Gates is a model.....


"Be rich Be Happy Have Everything" Thats what he models lol
Quote this comment #1.1 Posted by imtoomuch on 14 Oct 2004 - 16:01
Is there anything wrong with that? I don't think so. It's capitalism at its finest. Capitalism is great.
Quote this comment #1.2 Posted by Foub on 14 Oct 2004 - 16:24
In the search for personal wealth the important things in life are usually over looked. Or, Money can't buy happiness.
Quote this comment #1.3 Posted by SVT on 14 Oct 2004 - 16:42
Capitalism rewards the person with the lowest moral values.
Quote this comment #1.4 Posted by Sn1p3t on 14 Oct 2004 - 16:47
If he's so bent on wealth, why does he donate so much money to charity, and will donate it all when he retires?
Quote this comment #1.5 Posted by noyb on 14 Oct 2004 - 16:56
He is not bent on wealth like most assume but he is bent on control and dommination.

But what you say about the Charity efforts on his behalf is true, personally i couldn't care if he is doing it out of the kindness of his heart or PR and Tax reasons, the bottom line is the money is going to good places that's the only thing that matters.
Quote this comment #1.6 Posted by machorro on 14 Oct 2004 - 17:30
QUOTE
In the search for personal wealth the important things in life are usually over looked. Or, Money can't buy happiness.


as a quote of Will in Will & Grace:

QUOTE
the persons that says that money dont buy happiness, they are not doing it right


sorry just had to write it
Quote this comment #1.7 Posted by B-52Stratofortress on 14 Oct 2004 - 18:59
To trade by means of money is the code of the men of good will. Money rests on the axiom that every man is the owner of his mind and his effort. Money allows no power to prescribe the value of your effort except the voluntary choice of the man who is willing to trade you his effort in return. Money permits you to obtain for your goods and your labor that which they are worth to the men who buy them, but no more. Money permits no deals except those to mutual benefit by the unforced judgment of the traders. Money demands of you the recognition that men must work for their own benefit, not for their own injury, for their gain, not their loss--the recognition that they are not beasts of burden, born to carry the weight of your misery--that you must offer them values, not wounds--that the common bond among men is not the exchange of suffering, but the exchange of goods. Money demands that you sell, not your weakness to men's stupidity, but your talent to their reason; it demands that you buy, not the shoddiest they offer, but the best that your money can find. And when men live by trade--with reason, not force, as their final arbiter--it is the best product that wins, the best performance, the man of best judgment and highest ability--and the degree of a man's productiveness is the degree of his reward. This is the code of existence whose tool and symbol is money.
Quote this comment #1.8 Posted by Foub on 14 Oct 2004 - 20:59
Tell that to those who inherited their wealth and had to do nothing to get it and they own the most and through their dealings also pay the least, if any, taxes. Money to some is an addiction and the aquiring of more is their fix. Wealth doesn't really make you truly rich. Anyone who believes that it does is truly sad.
Quote this comment Reply to this comment #2 Posted by doodzzz on 14 Oct 2004 - 15:02
So now we can have our laughs 24/7 Live o_0!!
Quote this comment Reply to this comment #3 Posted by aristotle-dude on 14 Oct 2004 - 15:02
Will he stop making these idiotic predictions? His "predictions" are more like wishes/hopes that one day all media would be controlled by his company.
(2 replies) Quote this comment Reply to this comment #4 Posted by djze on 14 Oct 2004 - 15:10
Predictions from Gates? the man who was caught with his pants down by the Internet revolution?
Quote this comment #4.1 Posted by Octol on 14 Oct 2004 - 16:53
Please explain that comment. Exactly how was he caught "with his pants down"?
Quote this comment #4.2 Posted by noyb on 14 Oct 2004 - 17:02
Perhaps he meant they were not pro-active enough in seeing its potential thus not doing anything about it. It was only when they really had to that they got involved so they went shopping and bought a browser just like coming up to christmas and doing your shopping on christmas eve.
Quote this comment Reply to this comment #5 Posted by nic on 14 Oct 2004 - 15:50
Hasn't neowin already reported that there is US legislation that is going to clear up a lot of the air-waves and make digital televisions the standard by 2010 or 2008 or something? Sure, most content is going to come from the Internet in a few years. People are wanting to have watch on demand for everything.

I also want to just pay for the channels I want to watch. I think web-based subscription services to like comedy central, HBO, and whatever are going to be big in a year or two.
Quote this comment Reply to this comment #6 Posted by Sn1p3t on 14 Oct 2004 - 16:54
This is pretty interesting. I look forward to reading the results of the trials they'll perform in a few years.

Just so long as it doesn't completely require new technologies. I'm hoping we can hook up a box to the TV I hare now and go from there
(1 reply) Quote this comment Reply to this comment #7 Posted by Octol on 14 Oct 2004 - 17:00
QUOTE
I think web-based subscription services to like comedy central, HBO, and whatever are going to be big in a year or two.


I certainly hope so! I currently have satellite TV service, and to get what I want, I'm forced to take a load of stupid, useless garbage in the bargain. It'll be a great day when I can subscribe to only that programming which I want.
Quote this comment #7.1 Posted by Foub on 14 Oct 2004 - 21:00
One day there will only be one TV channel, your's.
Quote this comment Reply to this comment #8 Posted by Randall_Lind on 15 Oct 2004 - 03:07
TV sucks. I rather watch HBO then normal tv. I hate tv ads and most tv show are boreing.

The only tv shows that really rock is HBO Sunday nights. I am also sick of all the Law and Order plus CSI spin off. I am waiting for NBC,ABC,CBS and Law & Order and CSI newtowrks to come to my tv where on L&O and CSI network they will have 24 different spin off showing all day and all night. (ok that a joke but you can see how retarded I see spin off.)

USA is also a good network with Monk, Deaad ZONE and the 4400.
Quote this comment Reply to this comment #9 Posted by Hermann on 18 Oct 2004 - 13:32
Bill Gates predicting the future?

"640k ought to be enough for anyone"

"The internet is just a fad"

Yeah right!
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