Graveyard, Inc.

Graveyard, Inc.
: I shuddered when I read in the NY Post that Disney is reaching out to AOL Time Warner as a white knight.

Oh, yeah, that makes perfect sense: Let’s take one badly managed giant and merge it with another badly managed giant and then we end up with an even bigger badly managed giant. You could call it AOL-Time-Warner-Disney-ABC. Or you could just call it Graveyard, Inc. Where shareholders’ money goes to die. (Can you tell that I own both stocks?)

And while we’re at it, why don’t we throw in other companies that don’t know what to do with themselves in this digital age: a few record companies, maybe a book publisher, plus Blockbuster, and maybe even a portal (since they’re already outmoded).

Who cares about consolidation? Let them consolidate themselves silly!

3 responses to “Graveyard, Inc.”

  1. andrew Avatar

    Now if only we could get Ford or DaimerChrysler to buy them both, we could be rid of even more zombie companies.

  2. Anonymous Avatar

    Now you sound like my investment banking friends…

  3. Reid Avatar

    Over-consolidation is bad business. But weren’t you the guy who was in favor of the FCC deregulating how many radio and TV stations one company can own? This would appear to be the same principle, except without the hope of government regulation to stop it.