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traditional media companies are not generating any profits from their Internet ventures. - Manuel Castells
" "traditional media companies are not generating any profits from their Internet ventures.
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About Manuel Castells
Manuel Castells (born 9 February 1942) is a sociologist especially associated with information society and communication research. Since 2008 he has been a member of the governing board of the European Institute of Innovation and Technology.
Also Known As
Alternative Names:
Manuel Castells Oliván
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There is a multilayering of global networks in the key strategic activities that structure and destructure the planet. When these multilayered networks overlap in some node, when there is a node that belongs to different networks, two major consequences follow. First, economies of synergy between these different networks take place in that node: between financial markets and media businesses; or between academic research and technology development and innovation; between politics and media.
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"Urban problems" are increasingly becoming a political issue as the socialization of the means of production is accompanied by the increasing socialization of the means of consumption or, if one prefers, from the moment collective facilities begin to play a strategic role in the structure and rhythms of everyday life.
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