David Carr on the changing news biz: "all reigns are temporary"

NYT's David Carr on the changing news biz, as witnessed from Manhattan: "[A] life of occasional excess and prerogative has been replaced by a drum beat of goodbye speeches with sheet cakes and cheap sparkling wine. It's a wan reminder that all reigns are temporary, that the court of self-appointed media royalty was serving at the pleasure of an advertising economy that itself was built on inefficiency and excess. Google fixed that."