BOY, THIS POST HAS IT ABSOLUTELY RIGHT:

At a very fundamental level, the Big Content companies don’t understand the revolution that is happening in the digital media realm. They still see us as consumers only capable of digesting their offerings and handing over money. They really don’t seem to understand that the reason we are buying PCs, video cameras, digital cameras, broadband connections and the like is that we want to create and share our creations. The quality of “amateur” content is exploding at the same time that Big Media companies are going through one of their all-time lows in music and television creativity. No wonder we’re spending more time with our PCs that we are with our TVs.

Yep. But apparently Peter Chernin of Fox doesn’t quite get it.

(Via Wayne Klick).