Sat 21 Oct 2006
Andy Kessler’s overview of all things media includes this Eph reference.
In the 1983 movie Scarface, Tony Montana (Al Pacino) explains to his buddy Manny how America (and perhaps the media) works. “In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women.” Steve Case at AOL got it backwards. He had the teenage girls locked into his pipe (man, that sounds weird) but couldn’t figure out how to turn it into a sustainable media empire. Instead he merged with an existing one in TimeWarner and more or less killed them both.
Steve Case did more for the Jan 2000 shareholders of AOL than most any CEO has done for his shareholders in the last 2 decades.
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