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Chitchat SPH Is Struggling

Dark Knight

Alfrescian (Inf)
Asset
Not only news papers, SPH having most of the fashion and entertainment magazines also cannot make profits these days.
Mediacorpse also the same, these days keep on using Radio DJs, actors and actress to promote ads in air spaces and time slots for their radio stations.
It's obvious that these 2 monopolies are making losses year after year.
 

ckmpd

Alfrescian
Loyal
Not only news papers, SPH having most of the fashion and entertainment magazines also cannot make profits these days.
Mediacorpse also the same, these days keep on using Radio DJs, actors and actress to promote ads in air spaces and time slots for their radio stations.
It's obvious that these 2 monopolies are making losses year after year.

PAP's recipe for failure
 

tanwahtiu

Alfrescian
Loyal
balance view is important. you dont go about twisting your fact porlumpar PAP for fuck?



Again telling some truth but twisting it and slanting it to turn people against the country. You must be a foreigner with an insidious agenda, otherwise a traitor to our country.
 

kryonlight

Alfrescian (Inf)
Asset
It's obvious that these 2 monopolies are making losses year after year.

And daft & humji sinkies continue to support PAP election after election. It just goes to show that an independent media wouldn't change anything in sinkieland. The soixante-neuf relationship between sinkies and PAP is just too intimate to break.
 

ckmpd

Alfrescian
Loyal
And daft & humji sinkies continue to support PAP election after election. It just goes to show that an independent media wouldn't change anything in sinkieland. The soixante-neuf relationship between sinkies and PAP is just too intimate to break.

an independent media? which media is independent in SG?
 

red amoeba

Alfrescian (Inf)
Asset
Read that they combining new paper n my paper - both crap into a pile of shit. Also retrenchment is on the cards. Wonder if the Chua sisters n sumiko are all on the list.
 

JohnTan

Alfrescian (InfP)
Generous Asset
SPH has control over most of Singapore's most popular social media sites as well as mainstream media sources. They also have business interests in property. Retrenchment is good. Get rid of the deadweights and have talent renewal. If no retrenchment, I worry.

Buy SPH shares! Buy! Buy!
 

ckmpd

Alfrescian
Loyal
Read that they combining new paper n my paper - both crap into a pile of shit. Also retrenchment is on the cards. Wonder if the Chua sisters n sumiko are all on the list.

New Paper, My Paper and Business Times are all not doing well

Advertisement revenue has decline a lot. So was circulation. The problems with SPH are:

1. used by pap as a propaganda tool
2. used by pap to reward its cronies (SR Nathan and now Lee Boon Yang). They were paid millions of $ a year for doing nothing
3. not many Singaporeans trust that SPH will report the truth on local issues
4. the emergence of internet
5. the growing prominence of social media
6. SPH was not able to react responsively to emerging business threats

The above problems have been simmering for many years
 

ckmpd

Alfrescian
Loyal
SPH has control over most of Singapore's most popular social media sites as well as mainstream media sources. They also have business interests in property. Retrenchment is good. Get rid of the deadweights and have talent renewal. If no retrenchment, I worry.

Buy SPH shares! Buy! Buy!

Yes, SPH has to be more proactive to survive. If SPH had not been a monopoly all these years, it wld have died long ago due to inefficiences
 
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SgGoneWrong

Alfrescian (Inf)
Asset
Again telling some truth but twisting it and slanting it to turn people against the country. You must be a foreigner with an insidious agenda, otherwise a traitor to our country.

And cheebye you!
Pap is not our country okie?
Can't even tell the difference between government and country, you deserve to fuck only yourself!
 

SgGoneWrong

Alfrescian (Inf)
Asset
That may be so, and it looks so but this has got next to nothing to do with the PAP, so dont politicise this.

Another thing cheebye you!
If pap didn't restrict sph from freedom of speech, they can publicise real news that people want to read instead of just producing good quality papers for our pets' shit and urine
 

red amoeba

Alfrescian (Inf)
Asset
New Paper, My Paper and Business Times are all not doing well

Advertisement revenue has decline a lot. So was circulation. The problems with SPH are:

1. used by pap as a propaganda tool
2. used by pap to reward its cronies (SR Nathan and now Lee Boon Yang). They were paid millions of $ a year for doing nothing
3. not many Singaporeans trust that SPH will report the truth on local issues
4. the emergence of internet
5. the growing prominence of social media
6. SPH was not able to react responsively to emerging business threats

The above problems have been simmering for many years

the fundamental cause is the onset of digital media and how people are turning to the digital media for their news and entertainment, many of which are free at that. to have paid subscription for Straits Times n Business times is absurb especially since scmp is literally free as well as other channels of news.
Also, there is the censorship that create the pre conceived notion in minds of readers.

its telling that the loss of advertisement revenue from SPH printed media cannot be covered by those from digital, which means, the situation is serious. Not only are they not doing enough in the digital realm, they are facing a losing battle because there is nothing that they can do regarding the decline of print.

Big ad spenders are now cutting their budget for offline advertising and some even completely stopping it. This includes TV ads, so Mediacock, beware, they are the next to feel the heat. \

Many printed magazines are also collapsing, due to lower and lower cirulation. just think who will now buy Penthouse given the internet is awash with porn.

SPH however, would not go the way of NOL simply because divestment is not an option for Temasek. they will have to continue to fund this bleeding organisation like applying sanitary pad during their period, except this period is happening every day non stop.
 

ckmpd

Alfrescian
Loyal
the fundamental cause is the onset of digital media and how people are turning to the digital media for their news and entertainment, many of which are free at that. to have paid subscription for Straits Times n Business times is absurb especially since scmp is literally free as well as other channels of news.
Also, there is the censorship that create the pre conceived notion in minds of readers.

its telling that the loss of advertisement revenue from SPH printed media cannot be covered by those from digital, which means, the situation is serious. Not only are they not doing enough in the digital realm, they are facing a losing battle because there is nothing that they can do regarding the decline of print.

Big ad spenders are now cutting their budget for offline advertising and some even completely stopping it. This includes TV ads, so Mediacock, beware, they are the next to feel the heat. \

Many printed magazines are also collapsing, due to lower and lower cirulation. just think who will now buy Penthouse given the internet is awash with porn.

SPH however, would not go the way of NOL simply because divestment is not an option for Temasek. they will have to continue to fund this bleeding organisation like applying sanitary pad during their period, except this period is happening every day non stop.

Very analytical insight.

PAP will try its best not to let SPH die. But the glorious days of SPH are over partly because of pap's doing and partly because of changes in the business environment and onset of internet and social media.

You are absolutely right that advert dollars are diminishing and print media is dying
 
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