Why HBO’s president panned internet streaming
In an article published a couple of days ago, Forbes writer Erik Kain suggested that HBO’s president, Eric Kessler, called internet streaming distribution a “temporary phenomenon,” and then he blamed HBO’s supposed incompetence for causing the extremely high rates of piracy for its original content. It was a very misleading and shallow article.
Who would believe that the president of HBO is so dense that he would make such an absurd comment? It’s so unbelievable that I went to the primary source, a 40 minute video interview with Mr. Kessler, which draws a fascinating picture of HBO’s business strategy. After listening to the entire interview twice, I could not pinpoint where Kessler actually said “temporary phenomenon.” He hinted at the opposite, in fact, and then he articulately rationalized HBO’s position from a business perspective. (He did mention that the depressed economy was
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