You will be redirected back to your article in seconds

Showdown at the technology corral

As tech giants tussle over turf, casualties abound

Here’s an item from the department of corporate megalomania: The global conglomerates should start thinking of themselves as countries rather than as companies, Google’s executive chairman, Eric Schmidt, urged last week.

Referring to Google’s antitrust battles and its wars with Apple, Schmidt told the Wall Street Journal that the “I have a gun, you have a gun, who shoots first?” model of competition no longer works in a world of megacompanies.

Schmidt’s recommendation is relevant at this moment when the Internet’s big four — Google, Apple, Amazon and Facebook — are not only battling each other but also gobbling up the corporate landscape.

It’s the “survival of the biggest,” headlined the Economist last week in a lead piece that declared “the corporate giants may be becoming too powerful for consumer good.”

The Economist’s analysis of the Internet could apply to Hollywood as well — indeed, the behavior of Apple and its rivals is reminiscent of Hollywood’s pioneer days. Its leaders would have been right at home building MGM and Paramount a century ago, which is relevant in view of the fact that the Big Four will likely end up owning Hollywood (Apple money initially funded Pixar, which is now owned by Disney).

Popular on Variety

Apple making superhero sequels? It would be a piece of cake.

Apple has already become “a colossus of capitalism,” accounting for 4.3% of the value of the S&P 500. Google dominates search and online advertising worldwide just as Amazon rules the online retail sector and Facebook now has 1 billion users and an effective monopoly in the social-networking arena.

All this represents a triumph of free-market capitalism, except for the fact that these corporate nation states are pursuing monopolistic policies of supreme “corporate arrogance,” as the Economist describes it. Google is presently under the most pressure, with both the Federal Trade Commission and the European Commission investigating the company’s propensity to manipulate search results to favor its own services. Watchdogs are also looking into the policies of the corporate giants to get consumers locked onto their platforms.

On another front, Apple and Samsung were back in court last week in a fight over patent infringement and Apple’s effort to block sales of Samsung smartphones in the U.S.

Google’s Schmidt told the Wall Street Journal that he doesn’t quite understand why Apple threw YouTube off its iPad home screens. Companies of this size can’t compete like teenagers, he advised.

Or can they?

Facebook, the advocate of corporate democracy, is again asking its Facebook citizens to vote on company policy. Except that the topic being voted on is whether to abolish voting.

That sounds like teenage behavior to me.

Tough week for Murdoch, Mamet, more

With announcements of awards rolling in, everyone seems focused on the winners this week, so I would like to offer some empathetic comments about those at the other end of the spectrum: the losers. Especially those losers who are not accustomed to losing.

That includes Brad Pitt, whose crime drama, “Killing Them Softly,” landed at the box office with a thud. Even the usually adoring critics disdained the movie. Pitt’s acting “was not particularly inventive — he’s like Redford without the edge,” commented David Edelstein of New York Magazine. Does Redford still have an edge?

Then come the invincible hitmakers of Cirque du Soleil, who suddenly seem to shutting show after show — “Viva Elvis” in Las Vegas and the vaunted “Iris” in Hollywood. “Iris” opened late last year at the 3,400-seat Dolby Theater with a top ticket price of $253 and with Cirque hitting on the city of Los Angeles for a $30 million loan. “Iris” is now history.

Rupert Murdoch tells everyone who will listen that he never retreats, but he finally said bye-bye to his iPad venture, the Daily, last week. Rupert sunk at least $80 million into the online newspaper, but it lacked two qualities of his other publications: It was neither interesting nor ideologically toxic.

Another loser this week is the prolific (and feisty) playwright, David Mamet, whose new play, “The Anarchist,” is shutting down (his quickest flop) while a revival of his other show, “Glengarry Glen Ross,” is embroiled in trouble with critics. Due to delays in its opening, critics found themselves barred from the play until halfway through its run. The show, starring Al Pacino and with a $377 top ticket price, is nonetheless packing them in.

The final (and biggest) members of the losers club this week are the TV networks, whose ratings are plunging. In the key 18-49 demo, Fox is down 26, CBS down 18 and ABC down 7. (NBC is actually up.) The reasons? Viewers are increasingly addicted to delayed viewing, say some analysts. The new shows sucked, say others.

But it’s much more fun accepting awards than explaining losers, isn’t it?

More Film

  • Warner Bros. Pictures trailer launch event

    Lin-Manuel Miranda and Jon M. Chu Tease 'In the Heights' Movie

    Lin-Manuel Miranda, director Jon M. Chu and star Anthony Ramos took the train to the top of the world to offer a sneak peek of “In the Heights,” Warner Bros.’ big-screen adaptation of Miranda’s (other) hit musical. “I’m thrilled we’re here, and I’m thrilled we’re uptown,” Miranda rhapsodized to a packed crowd at a cozy [...]

  • One for the Road

    Wong Kar-wai to Produce 'Bad Genius' Director’s 'One For The Road'

    Wong Kar-wai is producing “One For The Road,” a new film that reunites the director and star of 2017 Thai hit “Bad Genius.” Production in New York and Thailand will begin by the end of the year. The film is a buddy drama and a road movie that sees two old friends who have been [...]

  • Jesse Eisenberg

    Film News Roundup: Jesse Eisenberg to Star in Indie Thriller 'Wild Indian' (EXCLUSIVE)

    In today’s film news roundup, Jesse Eisenberg is starring and exec producing “Wild Indian”; Jason Bateman is directing “Shut In”; “Saturday Night Live” veteran Paula Pell is honored; and the Palm Springs Film Festival sets its opening and closing films. CASTING Jesse Eisenberg is starring in and executive producing the independent thriller “Wild Indian,” Variety [...]

  • disney d23

    Top 19 Media Trends of 2019: Disney's Box Office Dominance

    The domestic box office market share over the last 12 years provides a sobering reminder of how important franchises are to studio performance, especially for Disney. Although the 2019 box office looks to be falling short of the previous year’s total, Disney is ending the decade on the highest possible note, becoming the first studio ever [...]

  • Pierce Brosnan Cinderella

    Pierce Brosnan to Play the King in Camila Cabello's 'Cinderella'

    Pierce Brosnan will play the king opposite Camila Cabello in writer-director Kay Cannon’s new telling of “Cinderella” for Sony Pictures. Billy Porter, Idina Menzel and Nicholas Galitzine are also confirmed to star in the film, which will be released in theaters Feb. 5, 2021. Cabello, a multi-platinum selling and Grammy-nominated singer/songwriter, will be integrally involved [...]

  • John Boyega

    John Boyega: 'Star Wars' Fandom Conflict Is 'The Most Stupid Thing in the World'

    Unlike his “Star Wars” compatriots Daisy Ridley and Oscar Isaac, John Boyega enjoys a robust presence on social media, with nearly 1.5 million followers on Twitter and over 1.6 million followers on Instagram. He regularly engages with fans, and posts inside looks at his life inside the “Star Wars” media maelstrom. It’s meant that Boyega [...]

  • Yahya Abdul-Mateen II

    'Watchmen' Star Yahya Abdul-Mateen II Says He Would Consider Playing Superman

    Those who are caught up on “Watchmen” know Yahya Abdul-Mateen II knows how to strike the balance between understated and omnipotent. He’s also no stranger to playing superheroes, as Aquaman’s nemesis Black Manta in the DC Universe. But asked whether he would consider taking on another DC Extended Universe role — Superman — Abdul-Mateen told [...]

More From Our Brands

Access exclusive content