14 comments on “Facebook Investor Roger McNamee Explains Why Social Is Over. Must Read for anyone considering a Career in Social Media & especially Social Media TV.

  1. This is an absolutely great insightful article. If you must know the music business is going to go through a major change they won’t like in the board rooms and not amount of money, manpower of perks they can offer will change or stop it. There is a ground swell the is as full of the greats of the community as there are the new and fledgling and future artists, producers and engineers.

    A community one under siege has seen when they were forced to go it alone that they executive and and attorneys did them a favor. They showed them they after years of servitude and being TOLD what to do and how things were have been a failure. The business is not as good or as healthy as it once was and anyone who says differently is in their corporate office trying to build themselves an insulated and unrealistic view prior to their next investor meetings.

    I will not say what it is but assure you that IT IS going to happen! I see it and am a part of it as is
    every REAL CREATIVE FORCE that has been involved in this business will be. SILENT NO MORE… WE ARE A COMMUNITY “NOT” A COMMODITY and that will be the shot heard round the world!

    • Could not agree more @john This is why the next great change for the Music and Televiion Industry will be Transmedia Brandcasting. The monetization of streaming video creating a Revenue Share opportunity with Artists, Producers, Engineers and the list goes on with a new revenue stream that does not currently exist and provides Advertisers with a real ROI on their investment.

      Neilson Panels will no longer dictate imaginary numbers to support valuations that don’t merit while those that do never see the light of day or accurate viewer numbers. Thanks for your response.

  2. Social is not over. It’s just needs to get into a new category and I hope I can achieve that with my new startup, awesomize.me. Here is why:

    – Early 90s: WWW was born…
    – By mid 90′s: millions of sites popped up on the Web…
    – Mid – late 90s: Yahoo & Google were born to help us to find the right information of the right pages on the Web…
    – Early 2000: Social media was born…
    – Late 2000: Millions of pages created by people, companies, and organizations on all these social media channels.
    – 2012 and beyond…the days of just setting up a website or blog to promote yourself, your talent, your business, and your solution offerings AND creating a page for them on Facebook, LinkedIn, are Twitter are O-V-E-R!. Your social media pages and sites should be on a place where the vast number of users and communities can easily find you, learn about you – AND – express their opinion/rate you and your goodies. If you are confident you are selling something awesome, you need the power of the crowd to promote you (and your company) anyway.

    That is exactly why I built awesomize.me – the portal to all your existing social media channels.

  3. @Elais, I felt the same way when I read the title of the original post and then decided to digg a bit deeper. In a previous post I did on Social Media Survival Tools some months ago I found over 250 Social Networks that you can join.

    https://wcntransmedia.wordpress.com/2011/05/01/wcns-transmedia-survival-kit-of-10-must-have-social-transmedia-brandcasting-tools-for-your-brand-to-be-in-position-to-capitalize-on-2-2-trillion-that-will-be-spend-in-global-entertainment-and-media/

    None of them will surpass the 750 Million Head Start that Facebook has. However, solving problems accessing Facebook Connect as mentioned in the article is a way to connect to what I call FACEBOOK THE CENTRAL BANK OF SOCIAL MEDIA. Now for search that would be GOOGLE.

    WCN belongs to Awesomize Me.and its a very classy brand name. However, I spend 1000 more hours on Facebook and Google daily that I do Awesomize Me.

    We use Ambplfy to feed most of the Social Networks we belong to and automate as many processes as possible to populate the World Wide Web just to tell people how Awesome we are. Perhaps I am missing something but what would drive me to spend 2 to 5 hours a day on Awesome Me. Or for that matter 500 Million other people. I wish you well and hope you do. But like Roger the real opportunity is in Solutions and interfacing with The Central Bank of Social Media.

  4. Pingback: Is Facebook The Central Bank for Social Media? « WCN TRANSMEDIA GROUP

  5. Pingback: Is Facebook The Central Bank for Social Media? « WCN TRANSMEDIA GROUP

  6. Hello there, I do think this can be an exceptional blog. I stumbled upon it on Yahoo , i will arrive back again once again. Money and flexibility is the greatest approach to change, may you be wealthy and help other people.

  7. You lost me, buddy. I mean, I suppose I get what youre saying. I get where youre coming from. But you just seem to have forgotten that there are people out there who can see this issue for what it really is and may not agree with you. You seem to alienate a whole bunch of people who might have been fans of your blog.

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