Jeff Bezos, Low-Margins, Newspapers
Jeff Bezos Brings His Low-Margin Ways to Newspapers - Justin Fox - Harvard Business Review:
"while the decline of American newspapers (especially the big regional papers) was probably inevitable in the age of the Internet, the reluctance and at times inability of newspaper companies to transition from high-margin business models to low-margin ones has made things much worse. Layoffs and other cutbacks meant to preserve profit margins have only sped the decline in revenue, while bold new investments have been few. And for the most part the margins have declined anyway." (more at link above)
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