Maxe Paul

Murdoch: Without eTablets, 'Newspapers Will Go Out of Business'

I was going to say exactly the same thing, but you beat me to it!


On Nov 18 06:05 AM Libby Gadsen wrote:

> Murdoch is a joke.
> If his news outlets were credible information sources his theory
> may be true. But NewsCorp is nothing more than tabloid hype you read
> for free while your in line at he grocery stores or on tv at a airport,
> otherwise no one would even pick it up. Who wants yesterdays rehashed
> cable news video clips and tabloid garbage anyway. When is this geezer
> going to get it? It's about creditable news not rumors and innuendo,
> you find that anywhere for free.

I would like to add an exert from businessspectator....

Boston Consulting Group has conducted a survey with both good and bad news for newspaper proprietors. The good news is that a surprisingly large number of consumers would be willing to pay for online news. The bad news is in the amounts they are willing to pay.

BCG found that the percentage of people willing to pay varied from just under 50 per cent in markets like Australia, the UK and US, to 66 per cent in Finland and 63 per cent in Germany. Unhappily (for the proprietors) the amounts they were willing to pay averaged about $US5 a month.

In Australia and the US it was, on average $US3 a month and in the UK $US4 a month, although the most people in those countries were prepared to pay was $US9 a month. Perhaps surprisingly, Italians were prepared to pay the most, at $US7 a month, with an upper limit of $US16 a month.

Interestingly, and perhaps (for proprietors and shareholders) disturbingly, while the proportion of people who said they were prepared to pay to access online news might be surprisingly high, the proportion of those paying for online news today is quite small. In Australia it is 13 per cent, in the US 15 per cent and in the UK 12 per cent. It would take effort and time to convert the willing into the paying.

As BCG concluded, while it is perhaps encouraging that consumers are actually prepared to pay anything in a world where most of the online content produced by newspaper groups has always been free, those amounts aren’t sufficient to fundamentally shift the economics of newspapers.

Google: How One Wedding Video Shows YouTube's Potential

I thought the whole thing was let down by the bride who couldn't dance for shit.

What an anti climax that was.

I expect better on the second and third marriages in two or three years time!

Can a Stock Market Meltdown Happen from Here?

I predicted the s&p would rally from around 666, and guess what it did just that!

But i also predict this market will rally up to 1000 or higher in the s&p before reversing, bringing a new low early next year, or late this year.

Just because i predicted the current bottom to the exact point on the s&p dose not mean im a guru though!

Thought for the day,

"Even a broken clock is correct two times a day."