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ABC News Cuts 1/4 of its News Division
I tell people the reason newspapers are hurting is because their costs structure has forever changed with the internet. Not so much with electronic media.

But now the internet is changing cost structures for even electronic journalism and large corporate media outlets like ABC/Disney are going to take advantage.

From TFA:
Posted by: badanov 2010-05-02
http://www.rantburg.com/poparticle.php?ID=295832