Trevor Cook and Cameron Reilly are both 100% right on the new Australian cross-media ownership laws. Trevor points our that the MSM just don’t get it. He’s right, they are so insular they don’t see what’s going on around them and it will also be their eventual downfall. Atleast the US Media can see the threat. Blogs are one form of diversity, but I can say right now that I already watch internet TV on my main TV. I’ve got a dedicated Win XP Media Center Edition box attached to it and I regularly listen to Internet Radio and watch Internet TV. I can even get things like Reuters and MSNBC news clips and stories on demand. That is the future of diversity, geograhpy is no longer in the equation, as long as you’ve got access to a decent internet service nothing else really gets in your way any more.