The Death of Newspapers - to be replaced by Nichepapers?
Sunday, August 02, 2009
There is a perfect storm brewing in the newspaper industry around the globe. Dramatic falls in advertising revenues coupled with a rapid migration of readership from paid-for newsprint to free-to-read digital is destroying the business model of many regional and national newspapers. Here is a thought-provoking piece which considered what the successful newspaper of the future is likely to be. I like the concept of a nichepaper - where readers are prepared to pay for the value added from specialist and passionate journalists and other writers.
Q&A - How can a business handle a loss?
Monday, May 25, 2009
A loss arises when total costs are more than total revenues in a period.
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