I don't think that Yahoo or any other Internet company…
“I don't think that Yahoo or any other Internet company should try to become a television network. We will be nowhere if we have to create our own content.”
About This Quote
Source Conference: Media Industry Forum, 2004
Internet firms should not become TV networks; creating original content is beyond their core competency.
In simple terms: Web companies shouldn't try to run TV networks; stick to core strengths.
Key Takeaway
Focus on core business, avoid overextension.
Themes
strategy
media convergence
content creation
core competency
risk management
Mood
analytical
cautious
Type
business
strategic
When to use this quote
- corporate planning
- investment decisions
- digital media strategy
- venture capital assessment
Key Concepts
business model theory
strategic focus
Questions to Reflect On
- Should companies stay within traditional strengths?
- When is diversification advantageous?
A Different Perspective
The media landscape evolves, and rigid core focus may limit innovation.