Jason George takes us back a few years to an original disruptor, Aereo, a company that tried to bypass regulations and use technology to distribute media content in the days before Netflix and the subscription-based business model.
The scrappy technology startup faced an existential threat. The company was down to its final arguments in the United States Supreme Court, where the ruling would determine its fate and if millions of invested dollars would be lost. The fact that Aereo existed at all was a byproduct of arcane telecommunications regulations, which had evolved over the decades along with the medium of broadcast television, which it intended to disrupt.
The American government mandated that over-the-air channels using the public airwaves be distributed for free. Their shows could be viewed by anyone with a basic antenna. This could be a clunky means of accessing television, as broadcasting is subject to the vagaries of weather and topography that interfere with the signal.
Cable and satellite providers stepped into the gap, becoming the preferred entertainment sources for many households. In addition to numerous specialty channels they always included the primary broadcast networks viewers demanded. The wrinkle in this arrangement arose from the fact that television providers had to pay over-the-air networks for the rights to carry their programming, even though a home viewer could presumably access the same content for free.
Areas of interest in this article include:
- Subscription fees and copyright infringement
- Innovation and regulatory workarounds
- Modern capitalism and corporate value creation
Read the full article, Innovation and Hacking Regulations, on the Jason George website.
In this two-part series, Eric Arno Hiller interviews Spend Matters founder, Jason Busch, about the growth of the market of Product Cost Management software and the state of the art today.
A lot has happened in the world of procurement software in the last 20 years. Purchasing has added a lot of new tools to what was mostly a relationship-focused discipline. These developments include:
- Data-rich environments of spreadsheets, MRP and ERP systems
- Supply chain management and supplier relationship management systems
- Online auctions
- Spend analytics tools/product cost management (PCM) software
Although the relationship side of the business is just as important as ever (some might say more important), purchasing analytics are here to stay, and they continue to become more prevalent in the discipline. The same is true for product cost management tools and their offshoots of service cost management tools. In this series, I am going to discuss the evolution of these tools and the state of the art.
Read the first full article, The evolution of product cost management tools and the state of the art, on Hiller Associates’ company blog.