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The notion that new media has to displace old media is not really correct. New media
is in addition. There are plenty of people who continue to like to read newspapers. I'm
one of them. People like magazines, people like to watch TV for obvious reasons. So each
media has its own kind of special they and what we do comes on top of that. But it’s
also demographics. Younger people tend not to wanna read newspapers. I have a 23-year-old
daughter. She’s very well-informed, she knows what’s going on in the world. But
she just doesn't get her news from newspapers. She gets her news from the Internet. She gets
her news form sharing. Her friends share news on Facebook. They forward emails and ask each
other to look at certain news. And so it’s a whole different way of absorbing what’s
going on in the world.