The new media [have an] impact on Big Media in two ways. The first is the megaphone effect I spoke about a moment ago. The second, which is of at least equal importance, is that they compete with Big Media. If you're reading these words, you're not watching CBS, or anybody else, nor are you sitting in a movie theater or reading a print magazine. . . .What's so amusing about that? I was reading it on my mobile phone, sitting in a movie theater waiting for Matrix Revolutions to start...
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