European papers thriving

[Inky_Wretch]

Well, some are, says the NY Times ...

http://www.nytimes.com/2009/03/30/business/media/30paper.html?_r=1&scp=1&sq=bild&st=cse

 

[Football_Bat]

Though advertising has slumped in Germany, Axel Springer has been able to offset the shortfall by raising the price of publications like Bild, which sells more than three million copies. Now Axel Springer is looking for “undervalued assets” to buy.

Mr. Döpfner said the company would even have a look in the United States “if a meaningful position arises in a significant market.”

That would be one without a crushing mountain of debt. How many of those out there?

 

[TrooperBari]

Interesting perspective. Every time I listen to the Guardian's Media Talk podcast, there always seems to be new of cuts in two or three media companies.

Newspapers are thriving in Indonesia and India, too, but it's hard to tell how long that will last.