Big Is Better, Chapter 144
Big is better. Ideas are great, but capital means the ability to acquire, to build and to sustain a business through harder times.
April 25, 2024
Big is better. Ideas are great, but capital means the ability to acquire, to build and to sustain a business through harder times.
On the numbers: It looks like 50,000 customers have paid a monthly price for ongoing subscriptions, according to the preliminary data. That's a quarter percent of its pre-wall uniques, suggesting two huge problems: 1) Reader revenue runs at only ...
Will the cats of newspaper industry be successfully herded? After pouring millions into his Alesia project, Rupert Murdoch gave the retreat order to his would-be Roman warriors, killing the tablet-oriented paid news portal initiative. Though his ...
The idea, then, in Boston, is to rebuild, over time, that strong two-legged business. In short, this is two-headed strategy: retention and switch.
If Apple snapped its fingers and transformed the print industry tomorrow, its 30-percent take of worldwise circulation revenue would be $10.2 billion. That’s a fantastical number, of course: No fingers can be snapped, not all print readers will ...
It's a tough dance, and one that conservatives love to watch. I'm struck by how different the dance is in the UK, another English-speaking country with a fairly decent history of democracy and free press. There, the Guardian -- which is now ...
Negotiation is helped greatly by competition. Ironically, Google, the first big web middleman to drive the newspaper industry nuts, may prove useful here as its Android-powered tablets (Samsung, Dell and more) take on the iPad. Can Google strike ...
Isn't Apple wanting 30% of fees for apps a little like [Sony CEO] "Howard Stringer demanding 30% of the revenue produced by TV shows running on Sony TV sets"? That's how a friend put it to me when we talked today. It's a confusing world, no ...
We can't though dismiss what the Mormon Church, Rupert Murdoch and ad moguls are up to. We have to learn from it and help it power a journalism that matters.
As the much-ballyhooed "fight for livingroom" plays out, can national news companies like the New York Times, Wall Street Journal and NPR, or local news companies, get a piece of the pie, whoever (Apple, Google, Comcast, Time Warner, Dish) ...