Big Media - Another Example of Doing Things the Expensive Way

This Cringely article talks about how much margin big media needs to be profitable. I know, some of that has to go to salaries and things like "hard cars" in war zones. But then there are the lunches and the expensive office buildings. He has a point. It kind of fits in with what is an ongoing theme for me--the extent to which we contemporary Americans have constructed a very high-overhead lifestyle.