List: Top Online Media Groups
1-liner, Media Gossip/Musings December 4th. 2008, 1:15pmMedia: “No surprise, newspapers and magazines are struggling. They have 16 in the top tier—but it’s astonishing that established print giants such as Cox Newspapers and Time Inc haven’t yet squashed the internet insurgents with which they compete in these rankings.” The next logical move, either in 2009 or 2010, is for mergers and acquisitions to happen. Spend money to make money. Old school media scooping up new media to enhance their “online presence.” (Silicon Alley Insider)
5 Responses to “List: Top Online Media Groups”
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December 4th, 2008 at 1:19 PM
don’t sell out TBL, you’ll lose your street cred. Like Vanilla Ice.
December 4th, 2008 at 1:20 PM
The next logical move, either in 2009 or 2010, is for mergers and acquisitions to happen. Spend money to make money. Old school media scooping up new media to enhance their “online presence.€
Or vice versa.
December 4th, 2008 at 1:20 PM
Huh, I thought old media scoops up new media outlets to “stop from dying along with their elderly clientele”, or because new media = probably broke.
December 4th, 2008 at 1:30 PM
i think they’re simply making less profit than actual being “broke.”
but the move, to impress demanding shareholders, is to show them that you understand the internet by “buying” popular internet groups. it would never ever happen, but the NYtimes company bought, say, the gawker empire. maybe they spend $200 million. they now get to pool all their internet stats and shove them on advertisers and make more money.
spend money to make money, all that …
December 4th, 2008 at 1:32 PM
If they built a fence to keep all of those illegal Mexicans out of nation’s ERs, these companies would have plenty of money.
/TBL