Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:Mike Ock wrote:Just look at this stock graph of New York Times'  The rain is beating publishing globally, anywhere the internet penetrates deeply, newspaper companies are the first victims. In Kenya, the media companies have received the double blow on TV and print. Run for your life from these media companies NYT is just a newspaper. Not comparable to NMG which owns TV stations and a classified portal that is dormant. The markets are different, how many papers do you think Newyorkers read come-on wacha copy and paste thinking. People still need news in Kenya, no one else is better placed to give it. They just need to stop being too comfortable and get out of the comfort zone. Now paste News Corps chart Even print advertising can make money. Not forgetting that 2001-2008 was a bull market. Traditional industries rallied hard after the dot com bubble. Life is short. Live passionately.
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