Web Booms in East Europe, but Not News

Ten or so years ago, when a Prague journalist disgruntled with the pressures from editors and owners he was grappling with exulted in a Czech pub over the freedom and infinite possibilities the Internet would bring, he was condescendingly told by many of his friends to come back to earth. Who could imagine that advertisers would pump their money into a platform accessed by such a limited audience back when television could freeze millions of Czech eyeballs for hours in front of Titanic or a football match?

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