Beyond the power of titans

On the changes wreaking havoc on the newspaper industry:

“The truth is, the world has changed in a significant way. I don’t know that Joseph Pulitzer or William Randolph Hearst or E.W. Scripps could do much about that”

— Warren Buffett, Bershire Hathaway Inc. shareholders meeting on Saturday, May 5, 2007.
(via Sudan: The Passion of the Present)
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