“In a world where everything is declining, you have instances of digital outlets growing. But relatively speaking, they in no way begin to replace what was there before. Even the Huffington Post. I think maybe they have revenue of $60 million. That's as opposed to what's gone away: the Washington Post has gone from billions to I don't know what. And it's been replaced by Politico, which is maybe a $20 million business.”
Tagged: Digital media

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