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Thread: Foxtel CEO Speech

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    Default Foxtel CEO Speech

    some interesting points..



    The CEO of Foxtel, Kim Williams, has made a major speech today calling for a rapid and fundamental alteration to the way in which the television industry is regulated.

    Speaking at the Network Insights Conference in Sydney, Williams took the fight up to commercial free to air television and to the ABC, suggesting that regulations and government practices that favour them are the last bastions of the pre-1980s protected Australian economy.

    But Williams also has government and commercial free to air broadcasters in his sites. Television, he says, is the last industry not to be deregulated in the interests of a dynamic economy.

    "Television sits today like a protected island in an ocean of economic freedom – much like one of those side-stepped Pacific Islands 25 years after the end of World War Two, where the ragged, grey-bearded Japanese soldier still stands guard with his rusty bayonet, waiting for the Americans to land, because no one’s told him his side has already lost the war."

    He drew an analogy with the industrial revolution and the invention of the steam locomotive.

    "Now imagine an alternative scenario for the birth of railways. Having constructed a new network, the protectionists came along and said: “Look,what about the companies that run the horse-drawn train industry? They’ve been around for centuries. They may not be as profitable as they used to be,but they have employee jobs and shareholders to protect; they know how the old system works; and they are slower, quieter and less dangerous. We should give them preferential use of the network and keep the steam locomotives on a few branch lines only, preferably somewhere like northern Wales. It’s the best outcome for the majority. The result would have been predictable: there would have been no industrial revolution."
    * Bill Paxton is the only actor to be killed by Alien, a Terminator, and the Predator.



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    Member Optima Collins's Avatar
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    No doubt the Industrial Revolution bought with it some profound advantages and progress, but it also gave rise to pockets of poverty, exploitation, pollution, monopolies and corruption. The equivalent case for TV in Australia that Kim Williams fails to illustrate is Commercial PAY TV. That would be the only logical evolution of an unregulated TV industry in this country, with no or very little alternative for those not willing to subscribe. The horse-drawn carriage was removed from circulation because it became obsolete. Had authorities deregulated the locomotive industry to the point that individual transportations were no longer an option, arguably the automobile would not have been feasible and we would all be paying commuters of necessity not by choice. The fact that FTA TV is improving its offerings poses a threat that Mr Williams foresees will impinge on his bottom line.

    My 2cents worth.

    OC
    Last edited by Optima Collins; 23-11-09 at 05:08 PM.

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    Quote Originally Posted by Optima Collins View Post
    with no or very little alternative for those not willing to subscribe.
    you forgot.....or unable to....

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    Change is inevitable to all facets of industry and its good to see each 'Side' throwing in their 2 bobs worth.
    Generaly the most powerful wins the day but how it impacts on day to day life isnt always apparent for some time no matter what projections are made.
    I doubt the deregulation of Television as spoken of here will be as dramatic as the Industrial revolution but certainly there will be winners and Losers.
    I must admit I just love all the flowery rhetoric each side throws out in support of their ideas.

    Ken Williams spoke of the Railways who for years held a monopoly for goods cartage throghout this state (NSW) untill it was deregulated and private companies who said they could do it better took it over.
    Well, if better means roads full of trucks now with more and bigger to come plus the refusal to deliver unless your in a town or on a Main Highway, doesnt seem better to me.
    The Tree's that bends best weathers the worst storm, albeit minus a few leaves but its still there when the storm ceases.

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