SCOTT GALLOWAY: Major changes to the world's largest social networks are coming by the end of 2020, which will further divide the US along blue and red political lines (via profgalloway)
on why I was wrong about Quibi and the streaming wars. Also, a senior exec at the firm called and asked me not to bad-mouth them before their launch, as it was bad form. A fair point, and I've been quiet on the issue.Yesterday a reporter called and asked why I was so confident pre-launch that it would fail. The answer is obvious, and ageist. To my knowledge, there's never been a successful media-tech firm founded by people in their 60s.
What happens next? The firm is likely now pursuing assisted suicide, as I believe Ms. Whitman and Mr. Katzenberg find the pain of tech failure unbearable. They are shopping the firm to bigger media platforms so they can pull a Masa Son and save face by blaming their conflation of luck and talent on COVID-19.
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