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If streaming media merely becomes a conduit for unacceptable, yet uncensored content, because that is the sector that seems to be the most profitable soonest, lobby groups may move to outlaw the medium, or else severely restrict and regulate it. Knee-jerk reactions are possible when there is a policy vacuum. Governments and regimes around the world that don t like their citizens to be informed and empowered may also seek to legislate to turn streaming media off within their spheres of control. Satellite television is already banned in some less-liberal Middle Eastern states. If enough opposition is brought to bear, resulting in legislation to ban or severely restrict streaming media, this may all but kill the medium at birth. It is arguable that supersonic passenger transport never found favor because of lobby groups that petitioned against the noise and pollution of the Concorde. Would supersonic air travel be as rare and expensive as it is today, if it had not been for the activities of those lobby groups and the politicians who acted to satisfy them We ll never know, but we do know that public opinion can outlaw a technology. Streaming media is at risk of being banned if all it succeeds in providing profitably is pornography.

constant and plug 5 percent into the growth rate window of the general input screen (Exhibit 8-14), we see that Merrill s intrinsic value is $43.83.

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So you might say I ve moved to a much more integrated approach What s especially different about today s perspective on the role of technology, says Kosanka, is that we actually try to solve our process challenges without technology, if possible, and use technology when it s required and when it actually enhances the project so [that] it justifies the investment Kosanka has used IT to take costs out of the supply chain Our total investment in IT over the last seven years has dropped every year, and as a percentage of sales it has dropped even faster, he says While we ve decreased the amount spent in the infrastructure, we ve been maintaining or growing our investment in applications to help the business units operate their processes better Basically, we ve done a good job of managing our costs to get higher performance for lower costs.

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Streaming media is a technology and a medium that could be tremendously important, generating growth and providing end-users with much better access to information and entertainment than they ever had before Streaming media could be a much bigger business and have a greater societal impact than television However, while the potential is great, delivery of the system, to date, has been less than what is required to cross the chasm between early and mainstream consumer adoption It is an open question whether or not people will spend more time looking at screens (in other words, consuming more media) as a result of streaming media technology I believe there are reasons to expect that they will, but perhaps in smaller increments of time: more sessions of shorter duration Will streaming media cannibalize radio, television, and computer-game audiences I think the answer is that it inevitably will.

We now have just a handful of major systems that we use OC achieved these gains primarily by outsourcing many operational aspects of the IT infrastructure, from help-desk and data-center operations to network management Now the organization looks at technology very differently from even seven years ago Ressner refers to the common set of technology and process elements as an enterprisewide toolkit Flexibility comes from using that toolkit and recognizing the unique characteristics of a particular market segment or customer Without having the process and IT foundation in place that we have today, it would be difficult, if not impossible, and certainly much more expensive, to customize an approach..

Merrill Lynch Valuation Low-Growth, Increasing NOPM Scenario: 5-percent Growth Rate, 12-percent NOPM, Value $55.19

Will streaming media enrich society From the point of view of increased richness and reach of communications, the indications are positive Will streaming media make money Again, it appears that the potential exists, but that the limit will be related to the increase in the average number of hours we spend consuming media There is no bottomless pit of attention to attract All media consumers are mortal Attention is finite and increasingly precious Why hasn t the potential of streaming media been realized to date Besides the sheer degree of the technical challenge and the scale of the logistics required to build out the system, I believe the main impediment to progress has been the lack of coordination between sectors of the industry.

As one sector has developed delivery technology or built excess optical capacity, other sectors such as the consumer electronics industry or the content providers, have waited on the sidelines Every company acted rationally, within its own legitimate concerns, but the result of this piecewise progress was that those forging ahead, unsupported by other sectors, lost money The net effect on streaming media technology has been slow progress from promising technology to everyday use When the broadcast systems were introduced, a small number of companies supplied the first content, production facilities, transmission infrastructure, receivers, and customer support Look at how RCA in the US and the BBC in the UK went about introducing television Companies were more vertically integrated in those days (or aspired to be)..

As it builds better partnerships with distributors and retailers, OC has developed a new perspective on its suppliers. We have a point of view that

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