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Sunday, September 21, 2008

In BusinessWeek: "Innovation Lessons from Hollywood"

BusinessWeek Online ran a piece this week related to Inventing the Movies, titled "Innovation Lessons from Hollywood."

From the piece:

    Ever since Thomas Edison and Kodak founder George Eastman helped invent the movie industry in the 19th century, the people who populate it have tended to give the cold shoulder to every new tool, technology, or business model that comes along. From sound to color, television to home video, computer animation to the Internet, each new idea has been dubbed too expensive, too unreliable, just a fad, or a threat to existing business models.

    And yet if Hollywood hadn't eventually embraced each of these innovations, it's unlikely that the business would have survived.

    Hollywood, it turns out, isn't so different from every other successful, established industry—from health care to financial services to auto manufacturing. Amazing amounts of energy are spent fighting ideas with the potential to expand the business and enable it to survive.

Along with it was a list of "18 People Who Changed Hollywood."

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