J.P. Morgan's Khan through a counter at Jason Calacanis' mainstream media jab, arguing that they are far from dead.
Noting that box office is doing well, and even TV viewership is at an
all-time high, Khan seemed to suggest that traditional media can get along fine, and co-exist with online media.
In fact, Khan said onine still has a problem it needs to fix, and one which it
desires to be more like traditional media.
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“One of the biggest challenges of the Internet industry is how can we attract the brand advertisers,†he said.