Comment: Ofcom trading review: a little too late?

In response to Jim Marshall’s exchange with John Billett regarding ‘Ofcom trading review: a little too late?’, Jacquie Hughes, director of Hughes Media says no-one knows who will succeed.

This exchange made me laugh out loud. Jim is spot on to say that things in the world of connected/converged/IPTV/social TV call it what you will are moving at a pace none would have foreseen, and any attempt to dive in at this point and try and regulate it is doomed. We have raced through the typical cycles of any techy evolution in less than ten years, and who knows which content from which providers on which screens consumers will take to – and what or who will help them get there.

The idea that the likes of Lords Bragg and McDonald – fine Grande Fromages of broadcasting though they may be – have the handle on this world is a hoot. Of course attempts at regulation are part of any cycle that begins with a new invention and rapid proliferation, but the pace of this consumer led communications revolution is such that no one – not even those granted a nice ermine collar and padded seat in the unelected House can call where it might end, let alone how it should.