Ben Gilbert: belief

Transcript context

…Would [...] say pull the brake, spin around as you're about to drive off the cliff? Exactly. In the beginning of this episode, I proposed that combining content and distribution has failed before and may fail again. This has typically been for two reasons. One is both content and distribution businesses typically intend to keep horizontally operating but realize some synergies by working together, distributing the content that they own or on the pipes that they own. You can see the problems that arise here and that you prioritize doing deals with yourself or not. The second one being at the clash of cultures, there's a clash of cultures and a misperception of value. That last probably, we definitely saw what the AOL-Time Warner were. Creative houses are very different than this low-margin predictable distribution businesses. I think Disney actually has the chance to do this right. They aren't buying some other distribution company. I mean, they did buy BAMTech but they bought that for exactly the right reasons and they do nothing more than the scope of— Well, it was pure distribution technology, which AOL was not.…

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