Quoted from http://www.nytimes.com/2008/06/24/technology/24google.html?_r=2&oref=slogin&oref=slogin

via www.nytimes.com/

Craig Moffett, an analyst at Sanford C. Bernstein & Company, said that the Internet had made it possible to aggregate news cheaply and, as a result, reduced the ability of news outlets to charge for their content.

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