Log In | Become a Member | Contact Us


Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:   COVID-19 Coverage   Printing Outlook 2020   WhatTheyThink Magazine     Production Inkjet     Installations and Placements

Warren Werbitt Says “I Just Don’t Understand It”

Published on January 15, 2020

WhatTheyThink's print evangelist Warren Werbitt talks about the only thing there is to talk about: the proposed HP-Xerox merger: “Terrible! Terrible! Terrible!” The industry can’t afford to lose another player. And an $11 billion company making a play to take over a $35 billion company? “I just don’t understand it.” Who is the only one who is going to win? Follow the money. How many jobs will be lost? And what about the customers? Warren struggles to make sense of this.

Send your questions for Warren! Feedback and questions for future episodes can be put in the comments below or email your private questions to Warren at warren.werbitt@gmail.com

 

 

 

         Email Icon Email    Reprint Icon Embed/Reprint

 

Discussion

By Gerhard Maertterer on Jan 15, 2020

Ten years ago a pretty small company named Porsche (7 billion Euro turnover) started a takeover attempt against Volkswagen (95 billion Euro turnover at that time). Today Porsche is just one of 12 brands inside VW group ...

 

By Greg Patt on Jan 15, 2020

I have to admit, I wasn't against the merger, but after your insights...I think I am different now!

Thanks!

 

By Warren Werbitt on Jan 15, 2020

Hi Greg Life cannot be only about money and Wall Street. The richer are getting richer and killing the man in the middle who is basically responsible for helping them get rich. Wall Street doesn't really care about any industry or the people in it. It's only about money. Don't get me wrong I too want to make money but not by putting the other guy out of business.

 

By Warren Werbitt on Jan 15, 2020

Mr. Maetterer, Great example.

 

By Roger Gimbel on Jan 15, 2020

Warren
We have a much larger issue here!
The commercial manufacturers are consolidating as the delivery standard communications of information moves from print to electronic devises. I do agree with you that certain specialized print is growing, however commodity print will continue to decline, and a lot of presses produced by HP and Xerox support that market. We are seeing similar issues with the Retail market place. I believe that HP/Xerox would benefit from listening to their customers more , to make sure they can continue to deliver value separately or together!
This will not save jobs , lost in consolidation, however it may give the industry more time to restructure and plan for the future!

 

By Warren Werbitt on Jan 15, 2020

Key point....listening to their customers. I won't call them out by name, but having dealt with both, one company is way better at it than the other.

 

By Pete Basiliere on Jan 15, 2020

Ah, the irony.

The video closes with a high quality print made on – wait for it – a Konica Minolta digital press.

Last week’s _online_ article by Printing Impressions’ Mark Michelson about the proposed HP/Xerox merger featured an ad that blocked the article from view by – wait for it – Ricoh.

I have concerns about the future of HP’s and Xerox’s technologies if the merger goes through. I have concerns for the future of the people working at both companies. I have concerns for printing company owners who have invested in HP’s and Xerox’s hardware and software.

I do not have concerns about competitors such as Konica Minolta, Ricoh and the other digital press providers who will step up if – and stress the word “if” – the merger occurs and if the combined company subsequently fails.

 

By Warren Werbitt on Jan 15, 2020

I didn't notice PI's ad. I guess great minds think alike. We all have the same concerns.

I would like know before (if) they were to merge what they plan regarding the future of all equipment.

Aside from that, If I was in the market right now for equipment from either company, I would put it on hold and wait to see what happens or call the competition as they seem more stable from a client perspective.

 

By Mark Pomerantz on Jan 15, 2020

Warren; love the video, no holding back on the passion!

Who has more to say about the future of these two companies - customers, or investors? Not just Carl Icahn, but 3 investment firms (Vanguard, Blackrock, State Street) collectively own between 20-25% of both individual companies. Their objective is no different than Icahn, make money either way, as long as a deal is done. After that, they can sell down their investments and leave the 'NewCo' to handle the debt and decay. As with governments, too big equals loss of control. IMO, both companies would be better off to further split up into more focused, effective solutions providers. But, big investors won't go for that.

 

By Gina Danner on Jan 20, 2020

What neither seems to realize is that while they are doing this dance, company owners are making decisions about purchases.

I'm hesitant to continue investing in our current print platform due to this dance. All they have done is allow me to invite other players to the table.

Warren, you have asked the question that a lot of people are pondering... WHY is this good for the industry or the marketplace as a whole? I don't see how it advances any goals for either -- other than the investment community.

 

Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free

 

 

Recent Videos

 

Video preview: The Wrath of Frank

The Wrath of Frank

Published: April 3, 2020

Frank argues vociferously that print is an essential industry and print businesses must remain open during this very difficult time in our history. Our trade associations have been active in contacting government representatives to plead our case.

 

Video preview: Waren Werbitt Says, “We Will Come Back From This”

Waren Werbitt Says, “We Will Come Back From This”

Published: April 1, 2020

Print evangelist Warren Werbitt is going a little stir crazy—as is everyone—but insists that we will come back from this crisis. Although he has no one to sell to at the moment—his customers are busy trying to figure out how they’re going to get through this—he feels it is important to keep in touch with customers, not to sell them anything, but to make sure they’re OK, and let them know you’re there for them.

 

Video preview: Memjet and the Expansion of Single-Pass Inkjet Printing

Memjet and the Expansion of Single-Pass Inkjet Printing

Published: March 30, 2020

Kevin Shimamoto, CMO for Memjet, talks to David Zwang about how Memjet’s inkjet technology platforms and OEM partners are expanding single-pass inkjet into the mainstream printing market and beyond, into new and different applications.

 

Video preview: Frank Goes Viral

Frank Goes Viral

Published: March 27, 2020

Frank comments on the postponement of drupa and its effect on the printing industry. Vendors who were planning to introduce new technologies in Dusseldorf will now use fall events like Brand Print America and PRINTING United to do so—or, like HP, host their own virtual events. Regardless, the COVID-19 crisis is going to make this a challenging year for the industry, but hopefully we will come out on the other side.

 

Video preview: Warren Werbitt Says, “You Still Need to Get in Front of Your Client!”

Warren Werbitt Says, “You Still Need to Get in Front of Your Client!”

Published: March 25, 2020

Flushed with excitement, print evangelist Warren Werbitt asks, “Now how are we going to reach our customers?” He plumbs the depths of direct mail, which is the best choice for customer outreach, and encourages everyone to use direct mail to stay in front of customers. If you haven’t taken the plunge and tried direct mail before, it's not to late to start showering it on your clients.

 

Video preview: FASTSIGNS Vero Beach and ABC Printing Co-Brand to Offer Complete Signage and Commercial Printing Services

FASTSIGNS Vero Beach and ABC Printing Co-Brand to Offer Complete Signage and Commercial Printing Services

Published: March 23, 2020

Gordon Sellers, FASTSIGNS Vero Beach, Fla., and & Chris Beals, ABC Printing, talk about the evolution of their partnership. ABC Printing was founded in 1975 as a quick printer. When Gordon opened FASTSIGNS Vero Beach, Chis became a top customer, selling signs to his customers and acquiring them from FASTSIGNS—and Gordon’s customers also needed small-format printing. As their partnership grew, they decided to take advantage of FASTSIGNS’ Co-Branding program.

 

View More Videos

 





Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2020 WhatTheyThink. All Rights Reserved