Pop Goes The Digital Media Bubble

You don't always hear the bubble burst. Often, it's more a gradual escaping of air, signaled by nothing more than the occasional queasy feeling you bat away: One house for sale on the block, oh well. Two, three—maybe just a robust market? Five, six, seven—and suddenly everyone's underwater and the sheriff is at your door. That's kind of how it's feeling in the digital media business.

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