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Network news will still play an incredibly important role in this country, but the world that Peter, Tom and Dan began covering 25 years ago isn't the same world today. Technology, lifestyle and what constitutes news have all changed dramatically. I'm not saying that it is better or worse. I'm just saying that it's reality.

Jeff Zucker
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It is a significant acknowledgment that the way people are watching television is changing and the model is quickly changing

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The television business is actually going through a tremendous transition, but I think at the end of the day, television is still paramount.

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