The Distribution Democracy and the Future of Media

[Commentary] Unless media corporations stop defining themselves by their products, they are going to be unable to navigate the big shift that is changing the rules of the game — what Malik call the “democratization of distribution.”

During the early days of television, access to spectrum determined who owned and operated the networks. CBS and ABC became the gatekeepers of attention — whether it was through 60 Minutes, Wide World of Sports or some other such program. Hit programs essentially ensured that viewers “attention” switched from one channel to another, and with it, the advertising dollars. Then came analog cable and we saw the emergence of more media entities — for example, HBO, ESPN and CNN — which siphoned away attention from broadcast networks to all these new entities. With digital cable, attention got sliced and diced even more, but still the scarcity of “spectrum” inside the cable network pipes meant that there was finite amount of channels available. Then came broadband, which essentially removed any channel scarcity. The distribution, which had been in the hands of a few large media conglomerates, was suddenly available to everyone. Today anyone, even talentless acts such as Rebeca Black can upload their video to YouTube and become instant celebrities. Justin Bieber, too, is a product of this channel-less revolution.