Dollar Shave Club and the Disruption of Everything

With the above dynamics in mind, we believe that there is going to be tremendous near-term innovation in the pay TV distribution business. The internet has made it possible for new entrants to innovate quickly and materially. Consumers will have more choice and convenience going forward. This competition will drive prices and margins down in pay TV... See more

The means of distribution changed. It is very easy to generate revenue when you’re the only player in town. That changed with the internet and newspapers took a very long time to fundamentally change.