Thursday, January 26, 2012

Facebook Changes Everything

Bruno Aziza, Forbes, Jan. 19, 2012

From the article: "Facebook is expected to reach 1 billion users this summer and the company is assumed to be getting ready for a $100B IPO…. To be more specific, I think what we’ve witnessed over the last 10 years is “disintermediation.”  The music industry went from selling physical albums, to selling tracks, to selling subscriptions. The book industry went from a world where publishers selected content they felt was “fit to print,” to a sea of self-published authors who can reach audiences without ever physically printing their manuscript and make millions (any author published in the ‘old era’ as I’ve been, knows that this new method sounds better!)."  Read more