Word: broadband
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...slumber this winter, when America Online announced plans to buy Time Warner (which owns this magazine, many cable outlets and possibly a small part of your soul). As if guys like Hawke running around with video cameras weren't scary enough, now they had to worry about those thick, broadband cables carrying big entertainment to PCs on demand. Even more threatening is the probability that AOL, by far the biggest Internet player that sends monthly bills to its customers, will charge micro fees to use the Web to watch movies or listen to music. That means it will be able...
...anywhere, anytime-you-like dream machine. When that device arrives, I predict it will inherit the best genes of the Palm line: the readable color of the IIIc, the thinness of the V and the built-in wireless connectivity of the VII (although at broadband speeds, so you can pull down video and audio). And if I have my druthers, it will run on Palm's elegant, easy-to-use operating system, which with the IIIc is upgraded to version...
...programming mixtures reach us through a variety of pipelines all owned by one of four Great Big Media Companies. These are all exactly alike in their collection of assets, each of them owning broadcast, narrowcast, die-cast, retrocast and cybercast, broadband, narrowband, audio, video, satellite and an upload-and-download phalanx of option-driven interfaces. Each of our Great Big Media Companies has thousands of brands that make us feel all warm and toasty and provide an emotional connection to a past that nobody can actually remember. We love our GBMCs and buy their stocks all the time...
...rapidly mutating economy made this deal in some ways inevitable. In AOL, Case had built a brand, a customer base and (by Internet standards) healthy profits. But he faced a future that may see Internet access become a commodity, and he lacked access to the leading source of broadband--the fat, fast pipes of cable television that could carry vast amounts of Internet content. And Case didn't have much in the way of content either. Time Warner's cable-television system, the country's second largest, owned plumbing aplenty to distribute AOL's services. The company also...
Within a year expect major initiatives in broadband, where AOL visionaries see their eventual future, and in recorded music, an area that has been less gold mine than minefield for Time Warner in the past few years. "We can change the way people interact with music, change the distribution medium," says Jonathan Sacks, the senior vice president who supervises the main AOL service. Contemplate a music company that no longer has to bother manufacturing or shipping CDs, or sharing revenue with retailers--one that distributes its music directly from its hard drive to yours...