Larry Kramer, the author of “C-Scape: Conquer the Forces Changing Business Today”, was founder and former CEO of CBS (NYSE: CBS) Marketwatch.com and the first president of CBS Digital. He sits on the boards of Discovery Communications (NSDQ: DISCA), Inc., American Media Inc., and Freedom Communications, Inc., among others. He also served on the board of Contentnext Media board prior to our sale to Guardian News & Media. He writes about journalism and other matters on his C-Scape blog.
The rapid disintegration of News Corp (NSDQ: NWS) in London because of the News of the World scandal highlights a growing reality in the media world today: Integrity and reputation mean more to news organizations today than ever before.
In the old days, it was very difficult for anyone to challenge existing media franchises. It was expensive to own, or even rent, printing presses. It was extremely difficult to get a license to broadcast audio or video. Magazine publishing was extremely expensive. Great media brands took time to be built.
Thandie Newton Liz Phair Aaliyah Katherine Heigl Lorri Bagley
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