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The Company is a diversified media company that currently includes newspapers, internet businesses, television and radio stations, investments in paper mills and other investments.
this is a model and market that is in the middle of a major shift away from print media toward digital media. Further, this has brought exponentially more players into this space via blogging, Twitter, Facebook, any other Internet outlet you can think of. Generally speaking with more competition out there they will need to compete more on price which means subscription fees come down. From the 10-K: “a significant portion of our revenues are currently from traditional print products where advertising revenues are declining.”
JMo -- already plus 9 here -- nice. ;) --DG
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