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Web's 'big bang' realigning media universe

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"It’s the second big bang," says Tom Brokaw, former NBC "Nightly News" anchor and now moderator of NBC’s "Meet the Press." "We're in the seminal stages of this exceptional revolution in information technology – how we disseminate it, how we receive it around the world – and we’re still working our way through it.”

Mr. Brokaw, not one prone to hyperbole, made his comment as part of panel discussion among the networks' Sunday morning talk-show moderators, an event sponsored by Harvard’s Shorenstein Center for the Press, Politics and Public Policy. Brokaw was joined in the discussion by CBS’s Bob Schieffer of "Face the Nation" and ABC’s George Stephanopoulos of "This Week." Each was equally in awe of the historic nature of this moment.

"When people look back at this campaign, one of the headlines will definitely be that this was one of the first truly Internet campaigns, both for the press and the candidates," says Mr. Stephanopoulos. "If you look at what Senator Obama has done – fundraising, organizing across the Web – this is something that we've never seen in the past. And the coverage on the Web has really driven much of the political conversation for the last year – that’s the first time it's done that."

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