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The world of digital media is being transformed. A bunch of new businesses can be reinvented, thanks to social graphs, the mobile internet, and the new shopping habits of the young. Those are going to create a whole generation of cool new companies.

The digital revolution has disrupted most traditional media: newspapers, magazines, books, record companies, radio.

Even in developing markets, we're seeing the growth of digital communication is proceeding at a very rapid pace.

We are in the throes of a transition where every publication has to think of their digital strategy.

If anything, the impact of digital technology is creating bigger brands and bigger superstars.

In the future, it's going to move from being just a data transport to really becoming a media experience platform. The Internet will be more about media, more about collaboration, much more virtualized and much more green.

Film and the other creative industries are being transformed by digital technologies.

The pace of digital innovation is astonishing. It's impossible to imagine life without the web, smartphones, social networks. And yet the consumer products and everyday objects all around us are still essentially dumb.

Societies or companies that expect a glorious past to shield them from the forces of change driven by advancing technology will fail and fall. That applies as much to my own, the media industry, as to every other business on the planet.

The internet has become one of the motors of the 21st century economy, allowing all of us to reach a global audience at a click of a mouse and creating hundreds of thousands of businesses and millions of jobs.