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The Philadephia Inquirer (free registration required)has a good article on how your modem is turning your computer into a TV.

Five million people watched the Live 8 concerts, of which there were 10 around the world, from Philadelphia and five other cities earlier this month on AOL.com.

The clip of Tom Cruise's June 24 meltdown on the Today show was downloaded 2.5 million times the week after it happened.

4.4 million people clicked onto MSNBC.com the day of the July 7 London terrorist bombings for continuous coverage.

Advertising on such "rich media" sites is projected to grow 60 percent this year.

Those who worry about big media concentration might start spending their time worrying about something else.Those old TV stations just don't have the quasi- monopoly value they might have once had.