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Sorrell Sees Media Industry 'Panic' Over Internet

WPP Chief Executive Martin Sorrell warned on Thursday that many of the world's leading media companies are on the verge of panic amid the seismic shifts brought on by the Internet. He described a media landscape in which traditional media such as print and television are steadily losing ground to their new media rivals.

Read the whole story at Reuters, October 27, 2005 »

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