Eulogising The Death of a Business Model

Media

Because schadenfreude gets old

Because schadenfreude gets old

It seems that when a business model actually does begin to show signs of failing, people suddenly care about it. Even the same people who have made predicting it’s demise a hobby. The Internet is funny that way.

Last week saw two major news companies, Fairfax and News ltd, begin to restructure due to commercial pressure. This was accompanied by a reasonable amount of hand wringing and eulogising of an entire industry that most other weeks is generally derided.

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