Live sports rights have been the last bastion of appointment television, and the prices paid for them reflect that status. The NFL, NBA, Premier League, and a handful of other properties command rights fees that have increased at rates that cannot continue indefinitely. The question is not whether the bubble breaks, but where. The traditional model — broadcast and cable … [Read more...] about The Sports Rights Bubble and Where It Breaks
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The Real Reason Boeing Can’t Recover
Boeing's problems are routinely described as a manufacturing crisis, a safety crisis, or a management crisis. All three are accurate. None of them is the root cause. The root cause is a cultural transformation that happened twenty-five years ago and is extraordinarily difficult to reverse. The proximate turning point was the 1997 merger with McDonnell Douglas. The outcome of … [Read more...] about The Real Reason Boeing Can’t Recover