This is a picture that helps understand the impact of open access and interoperability in the information/news business (although its intention was different). These two valuable qualities, inherent in the Internet world, have enabled the uncontrolled and unconditional dissemination of diverse information for the benefit of the consumer. It has also facilitated the creation of business models in each of the layers and the accumulation of wealth by non traditional market players. Internet has, completely transformed the news business for ever. Today, it’s clearly difficult to imagine vertical business structures in the electronic information and news industry.
The key factor for this transformation has been the minimization of the distribution barrier. I think it is worth reflecting to the significant implications of this observation for the telecoms industry. This is something I am working on lately and plan to blog in one of my near posts.