Silicon Valley conquers Hollywood, part 3 — think small, not bigThe tech companies have all the money. Between them Amazon, Apple, Google, Intel and Microsoft have $300 billion in cash and no debt — enough capital to buy anything. Apple all by itself could buy the entire entertainment industry, though anti-trust laws might interfere.
Right now these companies are not trying to buy the entertainment industry but to buy access to content and audiences. Their primary goal is disintermediation of cable and broadcast TV networks. The vision held by all is of Americans sitting in our homes buying a la carte videos over the Internet and eating popcorn.
What I do know is the Analog and Semiconductor Industry makes things happen for the world and people that they want and demand to have happen. Digital data at the touch of a finger or click of a mouse. I don't for see that in the near future this would change. It is up to us to just try to keep up!
Gary Fowler, Analog Solutions, Executive Technology Recruiter