The Podcast Network, one of the most notable  Australian new media success stories, suffered a massive technical failure over the weekend. If you don’t know about it, you should have a look at the Podcast Network’s offerings (once it is back online) to see a good example of why old media networks can not assume they will dominate the content making business in the future. But for the moment, the sites are in the process of being restored and rebuilt. Not good.

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