TAPLIN INTERVIEWS CHERNIN AND CRAWFORD ABOUT MEDIA CIRCA 2020
From Jon Taplin’s blog, his conversation with Peter Chernin, former President of News Corp and Gordon Crawford, the Managing Director of Capital Group, “the most important media investor.” It’s titled Art of the Long View; The Media Company of 2020.
Some notes on the presentation are available at Paid Content. Their lede:
For investors wondering if there are still any opportunities in media, former News Corp (NYSE: NWS). COO Peter Chernin has some advice: focus on digital and look to developing countries. In a panel discussion with Gordon Crawford, managing director of The Capital Group Companies, at the USC Annenberg School for Communication, Cherin also offered a warning—not that most investors needed it. “You stay out of the U.S., you stay out of western Europe, and you stay out of broadcast, newspapers and traditional media.”