A great quotation from YouTube Cofounder Chad Hurley:

"There is no old media. There is no new media. There is one media with one common purpose; to inform, move and inspire the world through information, art and entertainment."
He said this at the MIPCOM Conference a gathering of decision-makers in the TV, film, digital and audiovisual content, production and distribution industry. Read his full transcript of his speech here. In his speech Hurley touches on challenges of managing and distributing media

(hat tip Thad McIlroy)