Wednesday, May 03, 2006

Quote, unquote

"This is truly a disruptive era for traditional media businesses. And from all that I read, and from everyone I talk with, I don’t think anyone can safely predict which business models are going to take hold and which businesses are going to fade away. New technologies are empowering consumers to create and share their own content. People expect to be able to skip commercials on television and get their news online without having to pay for it. Consumers are more demanding than ever, especially the younger ones."

-- Patrick Phillips, founder of I Want Media, quoted in Media Shift

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