Capitalism has arrived at the Broadcasting Board of Governors (BBG). One of its top executives talked in a radio interview last week of “Brand Name Media Properties.” Presumably, brand names like the Voice of America (VOA) can be sold off like real estate with money going to venture capitalists who can put it to a better use. It’s also referred to as a “holistic solution.”
One of those “brand name media properties” that BBG executives wanted to discard were Voice of America radio broadcasts to Tibet and China.
So who are these venture capitalists at the Broadcasting Board of Governors? We are told that they are some of the best paid contractors who love foreign travel.
A BBG employee sent us this image of a sign taped to the front door in the recently reorganized Office of Digital Design and Innovation (formerly Office of New Media). “That’s probably the biggest contribution of the Office’s new management so far…,” said the note sent with the picture.
What do you think?