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Thursday, July 31, 2008

WANNA BUY A PAPER?

With recent talk in the blolgopshere this week surrounding the possible sale of parts of the English language operations of Nation Multimedia Group, the main question has to be - would you buy it?
From memory The Nation is something like 36 years-old so has some brand history, whereas Daily Xpress is barely five months old. It has strong competition in the shape of The Bangkok Post, but when set alone from its parent would appear to have a very shaky future.
Did you know that more than seven per cent of Nation Multimedia Group is owned by Dow Jones and Company. New York. I wonder how much they've invested in recent months and years?
How would you value a product like this? If you go back even a couple of years ago revenues appeared to be healthy but how about now?
How much would you pay? (Serious answers only, please)

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