[Quote of the Day] Publisher Perspective

“I’m more worried about the 500 million or so people on Facebook versus the 2 million on Fox.”

~Jon Klein, CNN President

In a Q & A with BusinessWeek editor Josh Tyrangiel, the executive noted that the sharing of media across social channels is something he’ll be watching closely from a competitive stand point. So, is he right? Should 24-hour cable news channels look at other media forms as their main threats instead of each other?