| Eugene David ...The One-Minute Pundit |
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Thursday, December 03, 2009
How can Brian Roberts lose?
A couple of ways. First, he can blow the execution, like AOL Time Warner did. But this is a business that Brian already knows, and it won't involve smashing two completely different cultures that hate each other together. So the execution risk is less. Second, cable can become a dumb pipe AND the TV programming business can blow up like the newspaper business--causing Brian Roberts to lose on both sides. If that happens, Brian Roberts would have been better off selling the whole thing and buying a fertilizer company. But Brian Roberts is a media mogul. And there isn't a media mogul on earth who would give up being a media mogul to run a fertilizer company. BUT BRIAN...forget it.
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