Comments on: The empire strikes back – media mogul versus the internet http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/ An investor's diary of economic data, corporate earnings and market sentiment Wed, 23 Nov 2011 17:50:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: PazzoMundo http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-170 PazzoMundo Wed, 25 Nov 2009 21:27:22 +0000 http://pazzomundo.com/?p=611#comment-170 Thanks Dean, Interesting perspective indeed. Not sure I absolutely agree with some conclusions - by my definition iTunes is making its money as a form of media and people are paying for content (after all that is what they get for their $). Was thinking that I'd try and break down the value of content as another exercise. Also, interested in exploring the changing dynamic in newspapers revenue/costs - cover price v advertising v the production costs. Ah, as always too much to explore in so little time. Regards Thanks Dean,

Interesting perspective indeed. Not sure I absolutely agree with some conclusions – by my definition iTunes is making its money as a form of media and people are paying for content (after all that is what they get for their $).

Was thinking that I’d try and break down the value of content as another exercise. Also, interested in exploring the changing dynamic in newspapers revenue/costs – cover price v advertising v the production costs. Ah, as always too much to explore in so little time.

Regards

]]> By: PazzoMundo http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-181 PazzoMundo Wed, 25 Nov 2009 21:27:22 +0000 http://pazzomundo.com/?p=611#comment-181 Thanks Dean, Interesting perspective indeed. Not sure I absolutely agree with some conclusions - by my definition iTunes is making its money as a form of media and people are paying for content (after all that is what they get for their $). Was thinking that I'd try and break down the value of content as another exercise. Also, interested in exploring the changing dynamic in newspapers revenue/costs - cover price v advertising v the production costs. Ah, as always too much to explore in so little time. Regards Thanks Dean,

Interesting perspective indeed. Not sure I absolutely agree with some conclusions – by my definition iTunes is making its money as a form of media and people are paying for content (after all that is what they get for their $).

Was thinking that I’d try and break down the value of content as another exercise. Also, interested in exploring the changing dynamic in newspapers revenue/costs – cover price v advertising v the production costs. Ah, as always too much to explore in so little time.

Regards

]]> By: Dean http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-169 Dean Wed, 25 Nov 2009 11:10:02 +0000 http://pazzomundo.com/?p=611#comment-169 Vive la revolution indeed. I came across this article today on the same topic and thought of you http://www.paulgraham.com/publishing.html Excellent perspective that old media has not been selling content, merely paper and won't be able to sell content in most cases. Vive la revolution indeed.
I came across this article today on the same topic and thought of you
http://www.paulgraham.com/publishing.html
Excellent perspective that old media has not been selling content, merely paper and won’t be able to sell content in most cases.

]]> By: Dean http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-180 Dean Wed, 25 Nov 2009 11:10:02 +0000 http://pazzomundo.com/?p=611#comment-180 Vive la revolution indeed. I came across this article today on the same topic and thought of you http://www.paulgraham.com/publishing.html Excellent perspective that old media has not been selling content, merely paper and won't be able to sell content in most cases. Vive la revolution indeed.
I came across this article today on the same topic and thought of you
http://www.paulgraham.com/publishing.html
Excellent perspective that old media has not been selling content, merely paper and won’t be able to sell content in most cases.

]]> By: PazzoMundo http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-168 PazzoMundo Tue, 24 Nov 2009 09:55:22 +0000 http://pazzomundo.com/?p=611#comment-168 Touche Dean, If only they had a media mogul to manage them through the decline. It is a fair argument against backing companies where the management's alignment of interest is limited to drawing a hefty salary with a few stock options thrown in. Vive la revolution! Touche Dean,

If only they had a media mogul to manage them through the decline. It is a fair argument against backing companies where the management’s alignment of interest is limited to drawing a hefty salary with a few stock options thrown in.

Vive la revolution!

]]> By: PazzoMundo http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-179 PazzoMundo Tue, 24 Nov 2009 09:55:22 +0000 http://pazzomundo.com/?p=611#comment-179 Touche Dean, If only they had a media mogul to manage them through the decline. It is a fair argument against backing companies where the management's alignment of interest is limited to drawing a hefty salary with a few stock options thrown in. Vive la revolution! Touche Dean,

If only they had a media mogul to manage them through the decline. It is a fair argument against backing companies where the management’s alignment of interest is limited to drawing a hefty salary with a few stock options thrown in.

Vive la revolution!

]]> By: Dean http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-167 Dean Tue, 24 Nov 2009 03:02:14 +0000 http://pazzomundo.com/?p=611#comment-167 "The market passed another milestone last week and nobody noticed. The three internet stocks that stole Fairfax’s classifieds business now have a combined market capitalisation greater than Fairfax itself. And not just a by a little bit. The combined market capitalisation of Seek, REA Group and Carsales.com is now about 10% higher than Fairfax: $4.2 billion versus $3.9 billion. It’s quite an amazing turnaround. In less than a decade, Fairfax has gone from looking ready to dominate the online classifieds industry to an also-ran in the market. Just on some rough numbers these three companies – who provide employment, real estate and automotive classifieds respectively – appear to have done about $420 million in classified revenue in Australia. Fairfax does not itemise online classified revenue numbers in its accounts – web-based businesses from online dating to NZ auction websites are lumped together – but my best estimate is that its Australian online classifieds earned $70–75 million last year. " http://www.eurekareport.com.au/iis/iis.nsf/lpages/RWIE-7N92AE?opendocument “The market passed another milestone last week and nobody noticed. The three internet stocks that stole Fairfax’s classifieds business now have a combined market capitalisation greater than Fairfax itself.

And not just a by a little bit. The combined market capitalisation of Seek, REA Group and Carsales.com is now about 10% higher than Fairfax: $4.2 billion versus $3.9 billion. It’s quite an amazing turnaround. In less than a decade, Fairfax has gone from looking ready to dominate the online classifieds industry to an also-ran in the market.

Just on some rough numbers these three companies – who provide employment, real estate and automotive classifieds respectively – appear to have done about $420 million in classified revenue in Australia.

Fairfax does not itemise online classified revenue numbers in its accounts – web-based businesses from online dating to NZ auction websites are lumped together – but my best estimate is that its Australian online classifieds earned $70–75 million last year. ”
http://www.eurekareport.com.au/iis/iis.nsf/lpages/RWIE-7N92AE?opendocument

]]> By: Dean http://www.datadiary.com.au/2009/11/23/the-empire-strikes-back-media-mogul-versus-the-internet/comment-page-1/#comment-178 Dean Tue, 24 Nov 2009 03:02:14 +0000 http://pazzomundo.com/?p=611#comment-178 "The market passed another milestone last week and nobody noticed. The three internet stocks that stole Fairfax’s classifieds business now have a combined market capitalisation greater than Fairfax itself. And not just a by a little bit. The combined market capitalisation of Seek, REA Group and Carsales.com is now about 10% higher than Fairfax: $4.2 billion versus $3.9 billion. It’s quite an amazing turnaround. In less than a decade, Fairfax has gone from looking ready to dominate the online classifieds industry to an also-ran in the market. Just on some rough numbers these three companies – who provide employment, real estate and automotive classifieds respectively – appear to have done about $420 million in classified revenue in Australia. Fairfax does not itemise online classified revenue numbers in its accounts – web-based businesses from online dating to NZ auction websites are lumped together – but my best estimate is that its Australian online classifieds earned $70–75 million last year. " http://www.eurekareport.com.au/iis/iis.nsf/lpages/RWIE-7N92AE?opendocument “The market passed another milestone last week and nobody noticed. The three internet stocks that stole Fairfax’s classifieds business now have a combined market capitalisation greater than Fairfax itself.

And not just a by a little bit. The combined market capitalisation of Seek, REA Group and Carsales.com is now about 10% higher than Fairfax: $4.2 billion versus $3.9 billion. It’s quite an amazing turnaround. In less than a decade, Fairfax has gone from looking ready to dominate the online classifieds industry to an also-ran in the market.

Just on some rough numbers these three companies – who provide employment, real estate and automotive classifieds respectively – appear to have done about $420 million in classified revenue in Australia.

Fairfax does not itemise online classified revenue numbers in its accounts – web-based businesses from online dating to NZ auction websites are lumped together – but my best estimate is that its Australian online classifieds earned $70–75 million last year. ”
http://www.eurekareport.com.au/iis/iis.nsf/lpages/RWIE-7N92AE?opendocument

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