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Does Avatar represent the future of movies? Maybe not
You're correct. It was a monster of a story, and I didn't mean to excuse it. What I meant is that each person in the system has their job, and pressures, and things can get out of line if each person along the way isn't intensily vigilant. The reporter needs to be able to assert the right to veto an edit, or if the editor insists on it, then the reporter should be able to pull their name from the story. But from personal experience I've seen how last minute changes are made, and I'm out to dinner or something, and an editor, photographer, designer or page layout person, someone two or three steps removed from me, makes a call on something that just isn't right -- and I'm not around to set them straight. And they are doing it, yes, to get maximum play, but they are also really misreading something -- such as an estimate of someone's worth, and incorrectly turning it into a fact, etc. (The headline writer wants to write the juciest headline, because that is their job, but they do generally want to be honest; and yes, the designer wants to have a jazzy picture, because is their job, and the editor wants to have a snappy summary of how much someone is worth, because that is their job.)
I don't think we disagree on this. I'm just saying I understand how it happens. I'm also saying it there were some really bad decisions made.
Actually I don't know how much money Digg can make by selling Adsense or TShirts on the site. And most of the revenue will go into servers cost -- that's for sure. I don't know if Digg have raised any money or not but a google search for "Digg raise money" didn't return any good answer. So I guess Digg are pretty self-support financially. So I would say that the $60 mil is paper-money calculated by the BW writers to show how much the potentials of a popular web2.0 service worths.
Anyway, it's really fascinating. My dad sometimes said that don't be lieve in the books you read. That's so true. I love the old man's wisdom.