
“372 mergers in the traditional media business (print, broadcast and cable TV, radio and movies) have taken place so far this year across the globe. Eighty-one of those were for U.S.-based companies.
While that's down slightly from the 448 deals done through the same point of 2006 (109 in the
It’s on.
Traditional media deal value has doubled since 2006. The dismantling and disruption of mainstream media is in full swing and it’s not just about “pop culture.” The Wall Street Journal acquisition is an indication that business content has substantial media value. It also is an indication that investors like Murdoch and News Corporation (NWS), believe that traditional business media will translate to “online business media.”
We think so too. Know More Media is all about “online business media.” We have seen the response of our offering to deliver “business news, information and analysis” through a blog network. Just this past week we reached two significant milestones in our own online business media world – we attracted our ten millionth visit and published our 50,000th post.
It was a year ago yesterday that I called upon the lyrics of Bob Dylan to describe the disruption that is occurring in mainstream media.
Yes, the times they are a changing.
Your old road is
Rapidly agin'.
Please get out of the new one
If you can't lend your hand
For the times they are a-changin'.








» The Wall Street Journal Joins Rupert Murdoch’s News Corp Family from Know More Media
It was in the late hours of last night that Rupert Murdoch prevailed in bringing the prized, Wall Street Journal into his News Corp media empire. The deal for Dow Jones, which owns the Wall Street Journal as well as... [Read More]
Tracked on: August 1, 2007 1:55 PM | Permalink to Trackback