Todd Hoff

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With such operational constraints, investment in cable dried up. And so it was that what had seemed as late as 1968 a classic case of creative destruction in the making, the emergence of a clearly disruptive technology in which even some broadcasters, seeing its inevitability, had already begun to invest, ended with deepening the entrenchment of the established broadcast
The Master Switch: The Rise and Fall of Information Empires
by Tim Wu
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