Citizen Calacanis

Gawd, this would be fun to watch. Jason Calacanis says:

In another 18-24 months newspapers are gonna hit the bottom and I think I’m gonna swoop in and try and buy one, build out the online portion, and buy a local TV station to go with it. Newspapers are not dead, they just have another purpose in life.

Slight problem with cross-ownership regulation but if anybody can find a way around it, Jason can.