Michael Gill

Michael Gill

Michael Gill is a counsellor with global advisory firm Dragoman and was previously CEO of the Financial Review Group and chairman of AAP.

There was a fork-in-the-road moment recently that is instructive for anyone faced with digital disruption. According to The Washington Post, one of the founders of Facebook has murdered a venerable US media institution. Chris Hughes is one of those whose wealth has been digitally enhanced and who has chosen to invest

Trade Minister Andrew Robb and his colleagues have, rightly, scored high grades for the China free trade deal agreed ahead of the G20 Brisbane meeting. It brings a wide range of substantial benefit to Australian exporters and service providers. While the headlines, naturally, made much of the benefits for mining

In case there was any doubt, Time Warner and Amazon have taken steps to make absolutely clear their intent to change the game in entertainment. In an effective put-down of Rupert Murdoch’s recent bid for the company, Time Warner produced third-quarter results that turned a three per cent revenue gain

Aside from it’s remarkable business, the fascinating characteristic of Alibaba is the willingness of otherwise cynical market analysts to buy the story. Of course, there are plenty of reasons to believe that Alibaba has ample growth ahead. Not the least being the potential of its core business to simply collapse

There has been a riff in the business world about the remarkable market power accrued to Google and others. The point is that we thought the digital world was the ultimate market, and it turns out to be a reversion to the US economy in 1925: lots of muscular brutes,

A great deal is said about disruption, much of it presumptive of Schumpeter’s “gale” — the clichéd “creative destruction” — as a force for good. We don’t tend to think much about those incumbents who have the job of managing in disruptive times. So it’s a breath of fresh air to

Amazon delivery

Another day, another billion dollar acquisition. Amazon has made transparent its rumoured intent to get into video entertainment with the acquisition of Twitch, a live streaming service. The deal, actually worth $US 970 million was announced earlier today. Google was apparently also interested in the company at one stage, and

On 27 March 2012 the Chinese Communist Party adopted its formal five year plan on e-commerce. Its goal is to make China’s market the largest globally for e-commerce. Transparency, security and logistics are highlighted, with regulations designed to build effective and efficient markets. Ecommerce is clearly central to the big

China is looking more and more like an accelerating demon in contemporary commerce. Aside from all the obvious characteristics, its embrace of Singapore-styled capitalism is becoming almost theatrical in its breadth. We noted earlier the big bet placed by China’s telecom regulators in creating space for a local mobile phone

China’s bank regulators, having slept on it for a few months, have approved the entry of new players. But TenCent — the digital intruder that had its banking initiative put in limbo earlier in the year — will be required to bring partners to its venture. While initial reports suggested