NEW YORK Big media companies and governments ultimately cannot stop or reverse their reduced agenda-setting power brought about by the Internet and digital media, but must learn to embrace change as an opportunity, a panel at the annual meeting of the World Economic Forum in Davos, Switzerland, said Friday.
Media conglomerates have less influence amid the continued explosion of news sites, blogs and podcasts, News Corp. chairman and CEO Rupert Murdoch said in the session moderated by Charlie Rose.
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