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I don't think it's fair to pin this on disruptions in attitudes towards advertising. The much bigger factor is that they're an industry that once had and was st
by ericd 16y ago
I don't think it's fair to pin this on disruptions in attitudes towards advertising. The much bigger factor is that they're an industry that once had and was structured around having a near-monopoly on mass information distribution (diluted by radio and TV). Now they suddenly find that they don't even have a majority hold on that anymore, and have lost almost all of their leverage with people that want to advertise things, and it's a problem that's been getting worse.