“As media becomes more of a constrained business — a troubled asset class — it becomes more of a technical one. You are managing decline. You’re fighting at the bottom rather than living at the top — but that can be a business opportunity as well as any other. Zucker is a good operator. Possibly a great one. In a world of limited media opportunities, he is able to discern the small successes. And, if you have to go low — and it is media, after all — he knows how low to go. He is shameless, certainly, and yet proud”
https://nymag.com/intelligencer/article/jeff-zucker-telegraph-bid.html