William Randolph Hearst III on Mainstream Media

5min Tech

by 5min Tech

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It was striking to hear William Randolph Hearst III, grandson of the great media baron, say of traditional media at our Stanford roundtable last week: "I don't think they should have a monopoly on how I surf for news."He went on to say that citizen journalism is "well underway," but that traditional media still has an important role to play. Quite a poignant declaration from Will, a former newspaper reporter, publisher, venture capitalist and private investor.