One of these days we ought to do a deep dive into dysfunctional corporate decision-making, but for now I think the missing piece in the explanation of the green-lighting of seemingly doomed projects is the asymmetric risk associated with conventional versus unconventional decisions.
When everyone else is doing something, even when it is something that has failed badly and consistently in the past, you probably won't lose your job for doing the same thing. While your mother may not have been impressed by the "everybody else was doing it" defense, it is generally good enough to satisfy a Board of Directors.
Comments, observations and thoughts from two bloggers on applied statistics, higher education and epidemiology. Joseph is an associate professor. Mark is a professional statistician and former math teacher.
Wednesday, November 16, 2016
Tuesday, November 15, 2016
Terrestrial superstation blogging – – MGM's the Works
[The over-the-air television industry continues to show remarkably strong and steady growth both in revenue and in number of stations (the last time I rescanned my television, I found well over 100). Press coverage has grown too, but at a far, far slower rate. The cynic in me might point to this as yet another data point in the argument that 21st-century reporters are only interested in stories that focus on the top quartile of the income distribution and have massive PR budgets behind them. Whatever the reason, there is remarkably little being written on the subject, so I thought it would be a good idea to do an occasional series of posts introducing some of the players.]
From Wikipedia:
Compared to most studio--affiliated terrestrial superstations, the programming here is a bit of a hodgepodge, ranging from old movies to stand-up comedy shows to the odd sporting event like the Home Run Derby to HuffPost Live. This does not necessarily have to be a bad thing if the people running the channel know what they're doing, but no one at The Works appears to have put any thought whatsoever into pulling together the various strands. Nor has there been any apparent effort to come up with interesting and distinctive branding ideas.
The Works is also not at all insomniac friendly. While most of its peers program 24/7 (NBC/Universal's trainwreck COZItv -- which, for some reason, throws in a couple of hours of paid programming a day -- being the most notable exception), the Works runs late-night infomercials. I feel this is almost always penny-wise and pound-foolish. Late nights are a great time to build viewer loyalty, reinforce your brand, and just play around. To take an example from the world of cable, look at Cartoon Network and Adult Swim.
I do, however, have a couple of very nice things to say about the channel, One general and one specific.
Like all terrestrial superstations, MGM's the works is a good thing. For starters, you don't have to pay for it. More importantly(And this is the part I really, really like), you don't have to pay a cable company for it. I know I'm not alone in my feelings toward cable providers, phone companies, and satellite services. All of these industries have horrible reputations and long records of despicable business practices. This pattern of bad behavior is largely the result of operating mostly under monopoly or near-monopoly conditions. Even with the internet, you still have to deal with many of the same providers. For the moment, over-the-air television represents by far the healthiest competitive force in the field of live TV.
The second reason is specific to the Works. As you probably know, virtually every major piece of popular art you can think of that is still under copyright is owned by a tiny handful of major players. Most of those companies appear to own or be in a relationship with at least one terrestrial superstation and these stations have been aggressively mining their owners' libraries. Furthermore, many of these stations are either operated by Weigel or modeled after their channels. As a result we have a lot of smart people who know what they're looking for digging through a fantastically rich collection of material.
Someone at the Works must've realized that MGM currently holds a great collection of major and minor gems of British cinema from the 30s through the 70s. A given week is likely to have multiple showings of something vintage from the likes of Alfred Hitchcock, David lean, or Noel Coward. There are also lots of not necessarily good, but interesting and hard-to-find films like Richard Lester's unique surrealist black comedy the Bed-sitting Room or First a Girl (the English remake of the German film Viktor und Viktoria which was in turn later remade by Blake Edwards as a vehicle for his wife Julie Andrews). I even saw a very nice print of Alfred Hitchcock's 1927 film the Lodger, nicely restored with an original soundtrack and tinting of selected done, I assume, to match the original.
From Wikipedia:
The Works is an American digital broadcast television network that is owned by the MGM Television division of Metro-Goldwyn-Mayer. … Through its ownership by MGM, The Works is a sister network to This TV, a joint venture between MGM and Tribune Broadcasting which also focuses on films and classic television series from the 1950s to the 1990s and carries programming from The Works' corporate cousin MGM Television.
Compared to most studio--affiliated terrestrial superstations, the programming here is a bit of a hodgepodge, ranging from old movies to stand-up comedy shows to the odd sporting event like the Home Run Derby to HuffPost Live. This does not necessarily have to be a bad thing if the people running the channel know what they're doing, but no one at The Works appears to have put any thought whatsoever into pulling together the various strands. Nor has there been any apparent effort to come up with interesting and distinctive branding ideas.
The Works is also not at all insomniac friendly. While most of its peers program 24/7 (NBC/Universal's trainwreck COZItv -- which, for some reason, throws in a couple of hours of paid programming a day -- being the most notable exception), the Works runs late-night infomercials. I feel this is almost always penny-wise and pound-foolish. Late nights are a great time to build viewer loyalty, reinforce your brand, and just play around. To take an example from the world of cable, look at Cartoon Network and Adult Swim.
I do, however, have a couple of very nice things to say about the channel, One general and one specific.
Like all terrestrial superstations, MGM's the works is a good thing. For starters, you don't have to pay for it. More importantly(And this is the part I really, really like), you don't have to pay a cable company for it. I know I'm not alone in my feelings toward cable providers, phone companies, and satellite services. All of these industries have horrible reputations and long records of despicable business practices. This pattern of bad behavior is largely the result of operating mostly under monopoly or near-monopoly conditions. Even with the internet, you still have to deal with many of the same providers. For the moment, over-the-air television represents by far the healthiest competitive force in the field of live TV.
The second reason is specific to the Works. As you probably know, virtually every major piece of popular art you can think of that is still under copyright is owned by a tiny handful of major players. Most of those companies appear to own or be in a relationship with at least one terrestrial superstation and these stations have been aggressively mining their owners' libraries. Furthermore, many of these stations are either operated by Weigel or modeled after their channels. As a result we have a lot of smart people who know what they're looking for digging through a fantastically rich collection of material.
Someone at the Works must've realized that MGM currently holds a great collection of major and minor gems of British cinema from the 30s through the 70s. A given week is likely to have multiple showings of something vintage from the likes of Alfred Hitchcock, David lean, or Noel Coward. There are also lots of not necessarily good, but interesting and hard-to-find films like Richard Lester's unique surrealist black comedy the Bed-sitting Room or First a Girl (the English remake of the German film Viktor und Viktoria which was in turn later remade by Blake Edwards as a vehicle for his wife Julie Andrews). I even saw a very nice print of Alfred Hitchcock's 1927 film the Lodger, nicely restored with an original soundtrack and tinting of selected done, I assume, to match the original.
Monday, November 14, 2016
More thoughts on the economy
This is Joseph:
From the Guardian:
h/t: Mike
From the Guardian:
Median family income is lower now than it was 16 years ago, adjusted for inflation. Workers without college degrees – the old working class – have fallen furthest. Most economic gains, meanwhile, have gone to top. These gains have translated into political power to elicit bank bailouts, corporate subsidies, special tax loopholes, favorable trade deals and increasing market power without interference by anti-monopoly enforcement – all of which have further reduced wages and pulled up profits.This is both a reasonable explanation for the rise of Trump, and it does not require any special appeal to racism or misogyny (not that both weren't present, but they would be very depressing as a complete explanation). The key item is to think about ways to tackle these issues without introducing xenophobia. Once the Democrats have decided on how to do this, the path back will be a lot clearer.
h/t: Mike
Friday, November 11, 2016
Talking Points Memo
This is Joseph
It might seem to be a very odd time to subscribe to Talking Points Memo; I did so on Tuesday, only after the subscriber drive and election were both pretty much over. But the publication is considering taking an interesting direction. One thing that seems clear to me is that it probably cannot hurt to put some real reporting into recent political shifts. I have some suspicions about what happened, some of which are humbling. But no matter what the cause, improved media depth of coverage cannot hurt matters, and may well really help.
It might seem to be a very odd time to subscribe to Talking Points Memo; I did so on Tuesday, only after the subscriber drive and election were both pretty much over. But the publication is considering taking an interesting direction. One thing that seems clear to me is that it probably cannot hurt to put some real reporting into recent political shifts. I have some suspicions about what happened, some of which are humbling. But no matter what the cause, improved media depth of coverage cannot hurt matters, and may well really help.
"Click"
The Windblown Hare is not one of the great Looney Tunes -- McKimson and Foster were never on the studio's A-team -- but at 5:20 you will find one of my favorite cartoon gags. It is also one of the most fertile for metaphor. I'll let you fill in the details.
Bugs Bunny - The Windblown Hare by bugs-bunny1
Thursday, November 10, 2016
Post-election pondering
This is Joseph
I had been thinking of writing something like this piece by Matt Yglesias, but he seems to have bounced back faster and said it better. It is true that Democrats do work in mid-term elections, the house appears to be very effectively gerrymandered, and the senate tends to be in defense for the Democrats in the mid-term years (as they have to defend gains made at a presidential cycle).
It's also not good to hear that:
I had been thinking of writing something like this piece by Matt Yglesias, but he seems to have bounced back faster and said it better. It is true that Democrats do work in mid-term elections, the house appears to be very effectively gerrymandered, and the senate tends to be in defense for the Democrats in the mid-term years (as they have to defend gains made at a presidential cycle).
It's also not good to hear that:
The GOP now controls historical record number of governors’ mansions, including a majority of New England governorships.So what next? I think Democrats should consider trying to compete at all levels. After all, states are where the gerrymander is executed and there is no reason not to start thinking about how to win some of them. The 2020 census is closer than it may look. The presidency is important, but it may have left the party complacent about the rest of the political process.
Tuesday, November 8, 2016
More post-apolitical posts
Admittedly, a television producer supporting a Democrat is not particularly surprising, but, as mentioned before, the Donald Trump campaign has changed the social norms around when and where and how it is appropriate to express that support.
From Ken Levine's blog today [emphasis in the original]:
From Ken Levine's blog today [emphasis in the original]:
This is the man you want controlling nuclear weapons? His aides don't feel he's responsible enough to have his Twitter account. This is the man you want at the helm during major international crises? It’s just terrifying. Yes, I’m a Democrat, and I’ve had this blog for eleven years. You never saw me write a post like this about Mitt Romney, or John McCain, or even George Bush. But this is different. This is life-threatening.
It's important to remember the good moments as well
Joe Tone writing for the Washington Post:
But Vega and other voters said that at least in this swath of suburban Dallas – in the dense and diverse neighborhoods where they live and work – things didn’t feel especially different. “We all want to live in peace,” he said, walking out of a bustling community college here.
A couple miles away, a Pakistani immigrant, who asked not to be identified, told a similar story. She’d driven in her minivan to her neighborhood’s Islamic community center, which happened to double as her polling place. “We just want peace,” she said. Asked about the effects of Trump’s candidacy – and a potential Trump presidency – on her neighborhood and the local Muslim community, she stiffened and said it made no difference, for better or worse. “We just wanted to be treated fairly, no matter what we worship.”
She didn’t want to say for whom she cast her ballot. Still, she was giddy about having cast it. With her 5-year-old, Texas-native son in tow, she described how she’d walked into the mosque’s near-empty gym, clad in an ornate tunic and hijab, and handed her ID to the elderly white poll workers. When she told them it was her first time voting, she said, they burst into applause and cheers.
An important cultural literacy note
Listening to various experts over the past few months, the phrase "super-genius" has often come to mind. For those readers who have not had the benefits of a classical education, I thought I would share the source.
Bugs Bunny Operation - Rabbit by playeden
Bugs Bunny Operation - Rabbit by playeden
Monday, November 7, 2016
Going out like he went in...
… classy
From Tim Mak writing for the Daily Beast
Just to review a couple points we've made before:
1. The damage Trump has done to the GOP with respect to the Latino vote is twofold. He has tarnished the Republican brand for years to come and he has greatly increased the community's political awareness and participation. Remember back in 2013 when everyone agreed that the GOP absolutely had to improve its standing with the Latino electorate in order to remain viable? This would be the opposite.
2. A big part of the anger within the GOP that allowed Trump to get the nomination came from the feeling that the two previous elections had been stolen. This notion did not occur spontaneously. It was planted and carefully cultivated by Fox News and talk radio and countless other right-wing media outlets. Telling the base this story one more time and at a much higher volume is highly risky for the party. It will almost inevitably make these voters more angry and ideologically extreme and there's a real danger that a large number of them will simply give up on the system and stop voting.
From Tim Mak writing for the Daily Beast
The parting jab occurred on Saturday evening, when Republican Nevada chairman Michael McDonald darkly hinted at a Trump rally that there was wrongdoing by election officials in the state to advantage a “certain group.” It was clear that he was referring to Latino voters.
“They kept a poll open ‘til 10 o'clock at night so a certain group could vote,” said McDonald, referring to Clark County, which is 30 percent Hispanic. “You feel free right now? You think this is a free or easy election?”
Trump echoed this sentiment, alleging, without evidence, some form of misconduct at “certain key Democratic polling locations in Clark County.”
“Folks, it’s a rigged system. It’s a rigged system. And we’re going to beat it,” Trump said.
Organizations that have spent years encouraging this “certain group” to vote immediately cried foul, accusing Trump of suggesting that the citizenship of Hispanic American matter less than others.
“Donald Trump’s campaign has been one defined by its dog-whistle statements of communities of color, and this is no exception,” said Maria Teresa Kumar, president and chief executive of Voto Latino. “Donald Trump has continually tried to make Latinos feel less than American with his insistent attacks against our community… Party officials like Chairman McDonald are again showing just how out-of-touch the GOP is about welcoming new voters into its party by discouraging people from casting their ballot.”
Just to review a couple points we've made before:
1. The damage Trump has done to the GOP with respect to the Latino vote is twofold. He has tarnished the Republican brand for years to come and he has greatly increased the community's political awareness and participation. Remember back in 2013 when everyone agreed that the GOP absolutely had to improve its standing with the Latino electorate in order to remain viable? This would be the opposite.
2. A big part of the anger within the GOP that allowed Trump to get the nomination came from the feeling that the two previous elections had been stolen. This notion did not occur spontaneously. It was planted and carefully cultivated by Fox News and talk radio and countless other right-wing media outlets. Telling the base this story one more time and at a much higher volume is highly risky for the party. It will almost inevitably make these voters more angry and ideologically extreme and there's a real danger that a large number of them will simply give up on the system and stop voting.
"How to Rig an Election"
After Josh Marshall (who has dominated the field for the past year), Paul Krugman may have done the most to enhance his reputation as a political observer this election season. Today, he posted the best concise summary of the campaign I've come across so far. Even if you already know the story, you should take a moment to read this, just to see it clearly and forcefully laid out in under 800 words.
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