A Quote by Peter Sunde
We all know how evolution works, except one industry that refuses to evolve: the entertainment industry. Instead of looking at evolution as something inevitable, the industry has made it their business to refuse and/or sue change, by any necessary means.
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With the rise of the Internet, fashion did become part of the global entertainment industry in the last ten years, and will follow the digital evolution of the music or film industry.
Everyone in my industry, the movie industry, is looking at the music industry and going, 'How do we avoid that collapse?' And I don't know if you can, to be quite honest!
I won't speak for the entertainment industry. I speak for Disney. I've seen people in the industry come to work every morning paranoid about what the other person or other company is doing. That means you're spending time and focus on somebody else's business instead of your own.
I don't want to follow the map of what the music industry does because I've already lived the industry and I still live the industry so I already understand how it works. The industry doesn't really like us around anyway once we get older because we know too much so, that's fine - cut us off - and we'll find another way to get it out there.
I started from zero. Nobody in my family is connected to the industry. Not a single contact in the music industry or in the entertainment industry.
The fast-food industry is in very good company with the lead industry and the tobacco industry in how it tries to mislead the public, and how aggressively it goes after anybody who criticizes its business practices.
We cannot compare Marathi cinema industry with other regional industries or even Hindi industry. It will be unfair for us. Every industry takes time to evolve.
Entertainment is like any other major industry; it's cold, big business. The business end wants to know one thing: Can you do the job? If you can, you're in, you're made; if you can't, you're out.
I think reality television has made the fashion industry and the beauty industry, any industry - frankly, just life - it has made life seem much different than it really is.
Fashion is an industry to make money. It plays into human psychology. We want to belong, we want to be loved. I'm not trying to demonize the fashion industry - I love the fashion industry - but style is about taking the control out of the industry's hand and having you decide what works for you.
Digital has really made the fashion industry a lot more transparent. So people can see and understand how the industry really works, and participate in an industry that was very inaccessible to people. The only thing that people used to see before was the end product. Anyone can participate in it now.
Digital disruption has blurred industry lines. You have industry convergence. You have cross-industry platforms. And you have CEOs who are benchmarking the best, regardless of industry.
We have a problem in the industry, I believe. This whole 'free' issue. The television industry doesn't have it, the movie industry doesn't have it, but the record industry has it.
You look at any industry - you're not innovating unless people are questioning it. If you're innovating, you're doing something nobody's done before, which means you're re-writing rules, resetting boundaries, re-creating systems. And that means the traditional industry is going to question it.
You can go raise the money outside of the industry, and then what you're doing is fighting with your money to get back into the industry, or for them to use your money instead of their own. So, you got to figure out how to do it within the flow of the industry.
I've helped some of my classmates on how to strategize to get to the next level of their businesses. And it's interesting, because here I am sitting there from the entertainment industry and the fashion industry, and I'm giving a billionaire that has a business that's been in his family for 300 years - I'm giving him advice about strategy!
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