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Why Higher Education Cannot Resist Disruptive Change - Forbes

But what happened in Hollywood was the reverse. The five major studios grew stronger despite eschewing sound for decades. It was 27 years between the first public exhibition of films with sound and the release of the first major Hollywood talkie, The Jazz Singer. Even then, senior studio executives scoffed: Harry Warner famously asked, in 1927, Who the hell wants to hyperlink hear actors talk? Jesse Lasky, producer and a founder of Paramount, said patronizingly of his wifes oil painting of trees blowing in the wind, which hung over his desk, Do you have to hear the wind to appreciate the artists intention? Almost universally, the new companies that pioneered in sound failed. One of the few anomalies was Warner Brothers, which made The Jazz Singerironically, Harry Warners company. Its success was dependent upon merging with the weakest of the go here big five as controlling partner. How were http://www.dailystrength.org/people/3012298/journal/10516341 the major studios able to thrive in the face of a new technology, while the historic leaders in press were largely undone by new technology? The difference is that the studios controlled film production, talent (actors, writers and directors), film distribution, and exhibition (theater chains).
Source: http://www.forbes.com/sites/realspin/2014/07/16/why-higher-education-cannot-resist-disruptive-change/

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