Financial Crisis Could Lead to Increase in Media M&A Activity [View article]
i think the bottom line here for Conde' Nast is 'if they don't wait too long'...like so many newspapers and tv stations did! It's been obvious for at least 2 years that more and more people were 'reading' online and getting their news there... and that NO younger readers were subscribing to newspapers and most magazines. AP has already gotten ahead of the game with a great online 24/7 news site (they've added Macs to their desks, by the way) and i've been reading the NY Times and Washington Post online for over a year and that 'delivery' is excellent. It's time the magazines get on board before the train leaves the station.
Financial Crisis Could Lead to Increase in Media M&A Activity [View article]
AP has already gotten ahead of the game with a great online 24/7 news site (they've added Macs to their desks, by the way) and i've been reading the NY Times and Washington Post online for over a year and that 'delivery' is excellent.
It's time the magazines get on board before the train leaves the station.