Says Sorrell: "Because the current models -- the new media models and certainly the old media models -- are under a lot of pressure. Craigslist has destroyed classified advertising for "old media" and there are very few new media companies that make any money. Google is an exception. Their new CFO is doing a lot of good and Google is a much more intimidating company than it was even six months ago, if that's possible, with a market cap well in excess of Berkshire Hathaway's."
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