In a recent blog post, I found it interesting what one media observer related about the newspaper industry in a comparison with Netflix …
Unfortunately for newspapers and other publishers with legacy businesses, they have to make the transition somehow, and the glacial pace that most of the industry has taken — which amounts to waiting for existing print subscribers to die of natural causes and thereby solve the problem — isn’t really cutting it. They can change quickly and risk the kind of customer uproar that Netflix is experiencing, or they can move slowly and be disrupted. At least Netflix is trying to disrupt itself instead of waiting for someone else to do it.