JDS UNIPHASE JDA SOFTWARE GROUP JACK HENRY & ASSOCIATES IXYS ITRON
Sunday, September 26, 2010
Why Did VideoEgg Buy Six Apart? To Create A New Modern Media Empire, Says CEO
"The rules of media have completely been broken," according to Say Media CEO Matt Sanchez. Because we're no longer living in a world where print media is sold on a newstand and video media is only presented through cable television, everything is changing. And as old companies have to adopt to that change, there are opportunities for new empires to sprout up. And that's exactly what Say Media is going for -- and that's why VideoEgg bought Six Apart last week, forming this new company. I sat down with Sanchez the day after the deal was disclosed (we first broke the news of the deal the day before it happened) to get his take on why such a deal makes sense and what it means going forward.