[kictanet] Zuckerberg appears to admit Facebook is a media company

[Mildred Achoch]

All good questions! And I will add one more: How do the relevant Kenyan
regulatory authorities plan to address this issue of media convergence?

Regards,
Mildred Achoch.

Check out the Rock 'n' roll film festival, Kenya TV Channel!
http://kenyarockfilmfestivaljournal.blogspot.com



On Wed, Jan 4, 2017 at 11:27 AM, Ali Hussein <ali at hussein.me.ke> wrote:

> If it walks like a duck, sounds like a duck and swims like a duck... :-)
>
> In today's complicated world however, where whole industries have been
> disrupted its more difficult to pigeon hole a company into an industry..
> The loose definition is usually taken from the business model of companies
> - Say if more than 50% of your revenue comes from advertising space on your
> platform then you are a media company; from Software and Hardware then you
> are an IT/Technology Company; from voice calls/data a telco company etc.
>
> This however is the traditional definition hence why I'd agree with
> Zuckerberg in his assertions that whilst Facebook is a media company it's
> simply not a traditional media company.
>
> So if we look at the local context I'd like to pose some questions:-
>
> 1. Which industry is Safaricom in? Media? Telecommunications? Banking?
> Entertainment?
>
> 2. How about Equity Bank? Telco, Banking?
>
> 3. Wananchi? Media? Telecommunications? Content disruption?
>
> *Ali Hussein*
> *Principal*
> *Hussein & Associates*
> +254 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
>
> "Discovery consists in seeing what everyone else has seen and thinking
> what no one else has thought".  ~ Albert Szent-Györgyi
>
> Sent from my iPad
>
> On 4 Jan 2017, at 10:15 AM, Mildred Achoch via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Happy new year everyone,
>
> This may be of interest:
>
> "Facebook’s chief executive, Mark Zuckerberg, appears to have finally
> conceded that the social network is a media company, just not a
> “traditional media company”."
>
> https://www.theguardian.com/technology/2016/dec/22/mark-
> zuckerberg-appears-to-finally-admit-facebook-is-a-media-company
>
> Regards,
> Mildred Achoch.
>
> Check out the Rock 'n' roll film festival, Kenya TV Channel!
> http://kenyarockfilmfestivaljournal.blogspot.com
>
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