The Media Transformation Continues

As we’ve discussed in prior issues, news and entertainment media are being transformed by the information revolution. Even as newspapers, music CDs and movies fade away, new alternatives are emerging to take their places. This is not only destroying the monopoly of the mainstream news media, but it is changing how and where people spend their time. We’ll explain where this technological revolution is headed, and what it means for you as a consumer and an investor.

To understand where we’re going, it helps t.....