Sony Pictures CEO: "I'm A Guy Who Doesn't See Anything Good Having Come From The Internet. Period."

Of course he does see anything good coming from the internet. Information should only be for those that can afford to buy it, control it and use it to make more money and screw the masses.

I love CEO’s with so much vision and projection towards the future.

....

"IM MAD AS HELL, AND I'M NOT GOING TO TAKE IT ANYMORE!!"

I can't blame the guy. Look at what you're doing yourself: taking 3 paragraphs of a 5 paragraph story from WWDMEDIA. Got a license to do that? Probably not.

One day the defense of "fair use" for ripping off content will be ruled on by the courts and taking the majority of a story will be clearly illegal. When that and other rulings on Intellectual Property like what Sony creates happens maybe Sony's CEO will have a different view.

Oh, and forget the claim that you're linking to WWDMEDIA and they should be happy with that. First you obfuscate the link by putting it in a very none standard place (the top of the story not the bottom), second you gain the vast majority of the value and mainly you can't decide for them what they should be happy with.

guy is the CEO of sony.... need we say more about the quality of his opinions... or was that products....

A guy who doesn't see anything good having come from the internet makes me think of somebody who can't see anything, period. Let's see, here now... just off the top of my head, I can list no fewer than 5 things:

1) The internet is a fast and easy method for keeping in touch with friends, family, and people at work. Combining the personal touch of letter writing with the convenience of a telephone.

2) People can choose what they want to see, when and where they want to see it, and for how long, giving people time-shifting capabilities on information that would otherwise simply not be possible.

3) It is a vast and virtually inexhaustible source of information, both for academic purposes as well as for people may simply want to further their understanding or knowledge in some field... perhaps to make a more informed decision than they could have otherwise without spending possibly large quantities of money.

4) For news, it combines the convenience of a newspaper that one can pick up and read anytime, or stop reading at anytime, with the rapid conveyance of information that is offered by tv or radio.

5) It provides mechanisms for companies to offer basic 24/7 support via a website, as well as a means for companies to rapidly deliver content or information to customers or to future customers who have expressed an interest in it.

Saying nothing good has come from the internet is like saying nothing good has come from any other random technological development. It wouldn't surprise me in the slightest if the guy just said that to see how many people he could get riled up about it.

i think he's starting to sound like a whiny child because sce (software) is just now overtaking
spe (movies) in sales and is projected to double them by 2011. maybe he should have been a
little more visionary and brought some innovation to the current revenue model. but thats probably
too much to ask from someone who just rejected the worth of the internet entirely. bet he gets to report to kazuo hirai before they retire this dinosaur.

It's really not interesting. the rant is typical of business today. The problem isn't the fact that people 'want it now', the problem is the fact that businesses like Sony haven't figured out how to deliver it 'now' and charge extra for it! They will, though. Give them time.

Isn't Sony the bunchof idiots who were the driving force behind the BETAMAX?

Well I got two responses and the first one was cool but to ijostl, I say this:

HUH?

I didn't say a thing about the blogger, I was talking about business CEOs and the way everything seems to have an extra cost today. Methinks you should re-read my response. By the way, I'm not mad at anybody, except maybe Bill Gates and company for coming out with a piece of crap like VISTA!

Wait....doesnt Sony sell a slew of internet products?!?

I believe they do, but my point is that BetaMax was the first viable videotape product to offer commercial movies for sale on it. The machines were like $1800 and each tape was more than $100.... once again, something they were overcharging for when they could have sold more at a lesser price and might have won the videotape war. JVC started lowering it's prices to entice more people to buy. Where is betaMax today? Businesses today tend to have a bad case of short-sightedness that costs them in the long run. Ask IBM what Billy Gates was worth to them.....

Sony simply hasn't found a way to charge maximum price for the internet. yet. If they had, I'm sure their CEO would have a much different outlook.

@JohnBfromTN on twitter says "Sony Pictures CEO states nothing good has ever come from the Internet: (via @9miles) LOL! what a jerk."

@mike_damico on twitter says "RT @faris: “I’m a guy who doesn’t see anything good having come from the Internet, Period” SonyPicturesCEO [Wowza.]"

His response shows the reason why the film and music companies are having a difficult time adapting. Reframe his answer to, "I don't get the internet" which makes it easier to understand his response. The present media companies for the most part have a brick and mortar mentality, with management trained in the classical model of doing things, none of them can understand the changes taking place in technology in relation to their present business model. The media companies should shift into classic startup silicon valley innovation mentality. Unfortunately business is like evolution, evolve or die. I am guessing there won't be any evolving, only the chance to be eaten by a better adpated predator.

Movie, music and newspaper industries remind me of patents for companies like Rambus without the end of life provisions taken into account. Rambus liked to charge huge royalties for their technology licenses (fair enough I guess) but there was a limited lifespan.

Movie, music and newspapers don't want their end of life for their delivery mechanisms or income streams. I don't blame them but the reality is, technology is changing and their previous models won't work. Think of a wedding photographer. They had typically kept the negatives and would charge you for each copy of a photo that you may want. That business model doesn't work anymore. They may still keep the [virtual] negatives but anyone can now buy just one of each and scan in to reproduce as much as they want.

They all need a different business model based [at least] on the notion that they cannot control distribution and therefore cannot monetize in the same manner. They may never be able to monetize with the same margins as the past and that must be considered.

I think most folks value *some* movie, music, etc., and if the biggies don't give it to us we may suffer for a while but the gaps will be filled by the thousands of smaller companies who will to live on less of a margin. The biggies can still exist but they've got to stop lamenting the death of their current business model. And for God's sake, they've got to stop trying to restrict technology or impose unfair taxes or laws to save their old ways. Humans are like water in an old bucket... they'll find the leaks and get what they want. It's up to the respective industries to give it to them in a reasonable manner in a profitable manner or simply close their doors. Believe me, someone else will eat that lunch happily.