Alan Hudson, Chief Investment Officer, GMG, said: "The news industry is in the midst of unprecedented disruption, with the advertising market, consumption habits and distribution technologies changing rapidly.
Startup founders are known for targeting industries and social institutions in the midst of massive disruption.
As bookselling moves to Kindle- and Nook-like devices, that means Barnes & Noble faces a quandary similar to the print media: How to maintain its high, brick-and-mortar operating expenses in the midst of digital disruption.
Seriously, retail is in the midst of dramatic disruption, fueled by technology, data and competition from entrepreneurs who are turning to lean startup ideas to launch companies that appeal to an ever-more-diverse and demanding customer base.
They are also in the midst of historic disruptions based on two factors: 1) the growth of the Internet – including its social and mobile extensions – as a new network for marketing, selling and distributing their products and services; and 2) the availability of massive amounts of new data generated by these industries, their customers and third parties that are relevant to them.
In a series of books, Richard Susskind (with his most recent one written with his son, Daniel) suggests that the legal profession is in the midst of a significant disruption due to automation and the introduction of new technologies into the practice of law.
It was anticipated that performance would be impaired in the midst of chronic temporal disruption, when rhythms in internal physiology and brain function are incongruous with external time.
IN the midst of the recent service disruptions at several high-profile Web sites, television viewers who tuned in to the evening news might have noticed the decidedly technical turn the programs had taken.
This process of disruption is nothing new.
