It took quite a while for the Internet to start to wipe out the "crown jewels" of the mass market media like the New York Times and the major broadcast and cable TV outlets, but it's happening at a rapid pace now. The 2016 presidential election was strong evidence for this ongoing trend.
Now, the people in the mass media are freaking out. Their livelihood is at stake after all, and it might be hard for them to make multiple hundreds of thousands of dollars outside in different professions.
Is this a tectonic change like the Reformation, or is it a smaller scale change, more like the shift in the US when railroads swept across the country and displaced canals and stagecoaches.
The Internet's created mass centralization in Amazon, Google, Apple, but a total obliteration of monopoly media companies.
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