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Lehman jumps on Silicon Valley bandwagon: Content may no longer be king in the entertainment business

Posted on July 07, 2008

Here in Silicon Valley, it has become a sport to beat up on traditional media companies for doing things like enforcing content copyrights. The argument you hear in these parts goes something like this: The way of the future is for content to be completely free, so media companies have to adapt to that or die. End of story. Meanwhile, Wall Street analysts are increasingly thinking the same thing.The latest: Today, an analyst at investment bank Lehman Brothers, Anthony DiClemente, says that Content may no longer be king in the content business. Digital content distribution, audience frag...

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