Sunday, August 23, 2009

The New-Media Crisis of 1949

Milton Berle on NBC's "Texaco Star Theater"

The digital apocalypse continues to blight the lives of television producers, music-industry executives and newspaper publishers, all of whom are scrambling to figure out how to reconfigure their business models in such a way as to allow them to make an honest buck. They're trying to second-guess the ­future—so why not look back at the past? Today's new-media revolution, after all, is not the first time that technological change has laid waste to the best-laid plans of the old media. The same thing was happening 60 years ago. [Click for MORE] Sphere: Related Content

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