Tuesday, October 9, 2007

Google's valuation: is this the new reality?

That whooshing you heard was the cold chill running down the necks of traditional publishers, as Google's stock market value surpassed that of the Big 3 traditional media companies. A story in MediaDaily News says:If there were any doubts that we were back into a new, digital media economy, they were laid to rest Monday when the price of Google's shares topped $600 for the first time, giving it a

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