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Concepts

Distribution and Transaction Costs

The key economic change introduced by the Internet is the effective elimination of marginal distribution and transaction costs.

  • Facebook’s Motivations

    The impact of Facebook’s News Feed changes on the media is far less interesting than what the changes — and their stated purpose — say about Facebook itself.

  • Disney-Fox Deal Announced, Horizontal Antitrust, Whither Hulu

    The Disney-21st Century Fox deal is official, and the antitrust questions continue to loom large: there are clear issues with regards to a horizontal merger, but is having a vertical competitor to Netflix worth it?

  • The Pollyannish Assumption

    Moderating user-generated content is hard: it is easier, though, with a realistic understanding that the Internet reflects humanity — it is capable of both good and evil.

  • Disney to Buy 21st Century Fox?, Two Strategies for Content Companies, Netflix and ESPN

    Disney may buy portions of 21st Century Fox; it is a deal that makes a lot of sense for both sides, particularly when you consider how the industry has been fundamentally changed.

  • Facebook Earnings, Facebook’s Strategy Credit (and Apple’s), Facebook and the Future

    Facebook absolutely crushed earnings, confirming its duopoly power; the company’s commitment to hurting profitability did the same. Then, a reminder that Facebook has a positive role to play in the future.

  • Tech Goes to Washington

    Facebook, Google, and Twitter testified before a Senate committee: it provided evidence of how tech prefers power over decentralization, even if it means regulation

  • Netflix Earnings, Netflix’s Price Raise, Additional Netflix Notes

    Netflix had another great set of earnings that highlight the company’s sustainable differentiation. The company’s ability to raise prices does the same, as well as its clearly disruptive role.

  • Trustworthy Networking

    The problems Facebook are facing today are the result of running into the future without considering unintended consequences, much like Microsoft and the Internet. There are clear solutions for the ad problem, but the filter bubble issue is much more fraught.

  • Uber in London: A Correction, Books and Blogs Revisited, More Aggregators

    A comment on Twitter 280, and a correction on Uber in London. Then, why blogs are better than books (in some cases), and a whole list of aggregators not covered in Defining Aggregators.

  • Defining Aggregators

    Building on Aggregation Theory, this provides a precise definition of the characteristics of aggregators, and a classification system based on suppliers. Plus, how to think about aggregator regulation.