Any comments on how much they'll be impacted by fuel prices increasing again? Costs of newsprint and ink?
I work next to a Washington Post printing plant. Very fancy, Very large and Very Expensive. They print a lot of advertising fliers and other papers in addition to their own. The land they occupy is very valuable. Moving such massive, multi-story presses is not likely. And the presses are only around 10 years old. At some point, they must see that they'll be ahead financially to dump the tree version and spend their money on people, not dead trees and fossil fuels. IIRC the only reason they made money last year was due to them owning Kaplan - the paper itself is a money loser. And they're a "national" newspaper!
I suspect once one of the large "national" newspapers shows a profitable business model without the dead trees, there will be a rather rapid succession of newspapers dumping their presses.
They've got to learn, they are in the information business, not the newspaper business.
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Early in the history of aviation, the Steamship companies were approached to invest in aviation. They could have essentially bought into, and controlled, the "next big thing." Only they didn't. They laughed, and said they knew nothing of airplanes, they were in the business of operating steamships!
And we see where aviation is today, and where "steamships" are today.
You must always know what business you're in. You're not in the business of running a tool/means (e.g.- steamships), you're in the business of the end product (e.g.- transporting people and goods). Classic business school example.