I read a recent article in one of the business trade magazines about a large media company’s annual call with Wall Street regarding their potential acquisition of another media company.
For the uninitiated, these calls are meant to provide some guidance to big Wall Street firms about the company’s strategy and growth prospects. The headline was the enormous revenue potential this legacy (broadcast TV) company expected to make over the next several years. But what caught my eye, as is usual, was the quote from the CEO in the article –
FROM THE HOLLYWOOD REPORTER:
I heard the term “Hate Industrial Complex” for the first time in a recent 60 Minutes interview from the head of Storycorps.Storycorps took it upon themselves to try and address the bitter divide in this country that has been festering for a while but ratcheted up dramatically in 2016 and then again in 2020-21.