"...btw, who reads papers anymore?...certainly not anyone younger than 40..."
only 10% of ebitda comes from publishing newspapers
includes publications like Times and Australian
and of that 10% there is still value in publications like the Wall st journal
I'd pay for subscription for afr as would a lot americans pay for the journal
Also papers like Time and the Australian have the potential to morph into credible websites
what would you prefer to read - an article by an australian journalist or some blogger from nowheresville, nsw?
accc should have power to break up monopolies, page-3
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