The former editor and publisher of the News during its heyday spoke on Saturday at a newspaper event in Austin. He told the insiders what has been obvious to outsiders for years:
“We didn’t accept the fact that the monopoly was gone,” he said. “And even with the clouds upon us, the bubble continued to grow. And then all at once it burst.”
And he also made an observation that (I think) is true, until a FrontBurnervian contradicts it:
…no new medium has ever destroyed an old one – so far
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