OnHollywood: The Suits Are Clueful
Link: I have to admit that I came to AlwaysOn OnHollywood with trepidation, but I can put aside my worst fears: the representatives of the big media companies on JD Lasica's panel this morning really get it.

I think it was Ted Cohen of EMI that stated that social networking a la Last.fm will be more important than algorithmically-based filters. He also mentioned David Hyman's MOG which will be coming out in the next few weeks, as an good example of advanced social networking in the music space, a statement I agree with. [Full disclosure: MOG is a client.]
Erik Flannigan of AOL talked about the upcoing release of AIM Pages are an opportunity for the buddylist to return to the center of people's online lives, including the nerdvana-ish ideas of being notified about your buddie's activities -- like posting at a blog, or new calendar entries -- via buddylist.
The panelists rapidly converged on the notion that user selection of digital content is rapidly moving from traditional broadcast models to a web-based architecture. No surprises there. The area of the discussion where JD seemed incapable of getting an answer that would satisfy him, though, has to do with user generated content: who will they make money? Aside from a head nod to short content video -- which none of the panelists seemed really excited about -- there was nothing forthcoming, really.
But as I walked out for my second coffee, I remarkled to Greg Narain that they really seemed clueful. So, things are probably going faster in Tinseltown than I thought.

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