Convergence rears its ugly head again at Global takeover

Remember convergence, the hottest trend of 1999? “We’re going to leverage content and launch from multiple platforms?” (translated from biz jargon, it means taking TV shows and running them on wireless devices like Ipods, laptops, cell etc.) It killed AOL Time Warner and CanWest, but Jim Shaw says the new Global is going in the same direction. Bay Street is skeptical, calling it, at best, a gamble. I wouldn’t buy Shaw shares right now; business ego seems to have no end, particularly in family run enterprises.

Globe and Mail, May 5 2010

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