Media companies are getting antsy about Web companies, as you’ve probably heard. At a recent conference, various representatives of the media talked about this. The quote that caught my eye was:
“The Googles of the world, they are the Custer of the modern world. We are the Sioux nation,” Time Warner Inc. Chief Executive Richard Parsons said, referring to the Civil War American general George Custer who was defeated by Native Americans in a battle dubbed “Custer’s Last Stand”.
“They will lose this war if they go to war,” Parsons added, “The notion that the new kids on the block have taken over is a false notion.”
I wonder if Parsons is aware of how that war ultimately turned out for the Sioux?