It makes increasingly less sense even to talk about a publishing industry, because the core problem publishing solves - the incredible difficulty, complexity, and expense of making something available to the public - has stopped being a problem.
If you value news or entertainment, you'd better start thinking about paying something closer to the real cost of it. The current financial troubles of newspaper and television companies mean the fool's paradise of free content might well come to an end.
Which one demonstrates a failure to grasp the situation?
Hint: Consider the words 'value', 'news' and 'entertainment' used in the last quote within the context of an assumption that these can only be delivered by "newspaper and television companies."
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