Media mogul Murdoch also sees the end of the gatekeeper role of mass media:

"Power is moving away from the old elite in our industry—the editors, the chief executives and, let's face it, the proprietors," said News Corp. chief Rupert Murdoch in a speech to a printing guild in London on Monday, Reuters reports.

"A new generation of media consumers has risen—demanding content delivered when they want it, how they want it, and very much as they want it,” said Murdoch, whose company owns The New York Post, Fox News Channel and two British papers, as well as 20th Century Fox film studios.