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Robert H. Heath's  Instablog

Robert Heath is a private investor with a focus on fundamental research and fact-based analysis. He believes that markets are mostly efficient and they equilibrate with a small, but necessary level of inefficiency which allow excess risk-adjusted returns to accrue to superior research.
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Rough Numbers by Robert H. Heath
  • Clueless in Chicago - Unraveling Newspaper Economics

    Major newspaper publishers met last week in Chicago in a not-exactly-secret, but definitely closed-to-the-public meeting to discuss the future of the newspaper business. More specifically, it seems, the meeting was convened to share ideas about how to more effectively monetize newspaper content on the web as traditional print subscription and advertising revenue plummet.

    (As an aside, since most newspaper content on the web today is free, "monetize" must mean a price increase. Imagine if any other industry convened a closed meeting to discuss a price increase. What would the press have to say about that?)

    As an avid reader (and paying subscriber) of several newspapers, I'm hoping they'll figure out how to survive. Sadly, I think the meeting must've been terribly disappointing.

    More »
    Tags: NYT, LEE, AHC, WPO, MNI, SSP, JRN, MEG, GCI, Media, Newspapers
    Jul 02 01:55 pm | Link | 1 Comment
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