Television is the New Music Business

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Can Fox News Survive?

I’m not talking about Rachel Maddow and I’m not talking about Obama. I’m speaking of the dreaded Internet, which has eviscerated the music business to the point where even Interscope is laying off staffers.

CNN.com rules online news. And that’s a significant sphere. By 3:30 on Tuesday, CNN.com had served 21.3 MILLION streams. Far eclipsing the 5.3 million streams served up on Election Day. According to AdAge, 40 million unique visitors watched online versus 37.8 million who watched the inauguration on TV

Can you see a trend? Just like the one that occurred in the music business in the last decade?….