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the media elite

I haven’t been following the troubled newspaper business—I have enough to follow—but this quote in a piece by Cathy Seipp caught my eye:

This, in a nutshell, is the essential problem with the L.A. Times: Those who work there care a great deal about their careers and very little about their readers.

I would say that this is one of the problems in every media business. Why is this new? or news?

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