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Jon Friedman Apologizes to Time Magazine, You, Me, and Everyone We Know

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June 20, 2008 | 5:10 p.m

Jon Friedman is back with another amazing Media Web Minute as part of his MarketWatch column.

This week, an animated, gesticulating Mr. Friedman (has someone had some coaching?) address a nagging error on his part. It seems that he was wrong in rejecting Time magazine's selection of "You" as the person of the year in 2006.

Now, Mr. Friedman wants you to know that "the YouTube phenomenon has taken over the country. Media. Communications. Business. Everything. Society. Young people. It's all in there. And I was sure wrong. Time Magazine, you were right and I owe you one. Sorry. "

We forgive you, Jon Friedman! You had us at "O.K., America."

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