Advocates of democratic values view as essential a free flow of information. Freedom of speech, freedom of expression and freedom of the press are often enshrined in constitutions and similar documents presented and accepted by citizens. Media providers in democracies are, then, tasked with keeping people informed, typically through privately-owned and publicly-supported publishers and broadcasters, all legally established. Ideas are allowed to compete, officially. It was always a good plan. Too bad it is falling apart. The simultaneous rise of "illiberal" authoritarians, freely accessible digital platforms and acrimonious entitlement has turned the sound of democracy into painful noise.
In business - as well as everything else - all things eventually come to an end. This is not doom and gloom. A favorite brand or product disappearing might well-up sadness and tears but, voila!, there is always something else to replace it. Generations change and bring with them different ways, sometimes better and sometimes just, well, different.
Famous executives, media and otherwise, are easily quotable. Their careers depend on invigorating board meetings and shareholders, insight notwithstanding. Those chosen to lead the most prominent in todayís media sector know very well the importance of the right words at the right time and memories can be quite short. For that they are thankful.