David Montgomery, and his Mecom investment vehicle which has been collecting newspapers across Europe, seems to be gaining new friends among london’s institutional investors.
Remember that back in July when he acquired Orkla Media in Norway there were rumours that he could not raise enough money in the City. In the even the Orkla group, keen [...]
I have neglected David Montgomery and his investment vehicle Mecom’s activites in Europe since the purchase of the Norwegian Orkla group last year, but Kristine Lowe has been following events. Her latest post is here.
She writes:
Fundamentally, this is a story of globalisation and the democratisation of finance: what happens when a venture capitalist or a [...]
The central problem for newspapers is no longer about forms of ownership but about competing forms of news delivery, says Roy Greensale summing up the rather ridiculous debate on newspaper ownership that is going on in the US. Quite right. See also my post on the Columbia Journalism Review editorial on the subject.
While much of the talk is about how traditional media can adopt elements of new participatory media, John Battelle at Searchblog has been looking at the way big media businesses are managing their digital assets.
He sees a fundamental conflict, heading his post “Packaged Goods Media v Conversational Media” and suggesting that the corporate urge of [...]
