SPH shares gigantic crashing..

A good friend used to work at Mediacorpse. Literally a bitch ass place with plenty of backstabbing and not a lot of real work being done.

In addition, these fucking clowns are still trying to sell costly advertising in this digital age? Haha... good luck ..... but most likely good riddance!
 
https://www-thinkwithgoogle-com.cdn...ngs-digital-transformation-news-industry/amp/

This chap talks a big game throwing new media jargon around but sounds hollow.

Since becoming head of the media business, he has wasted a lot of money in renovating the newsrooms with expensive digital equipments. But after more than 5years in charge, he has shown zero results. Digital revenue is so low after all the investments put in that he doesn't dare to reveal the amount. At the same time, print revenue continues to plummet.

What people like him doesn't understand is it's not the format but the product that matters. No amount of digital technology can help if the quality of journalism sucks. Right now, I get latest information on the pandemic from a whole lot of free reliable high quality news sources other than Straits Times and all the other SPH papers. Even CNA is doing a better job in reporting.
 
This stock is worth nothing. U can literally invest in any digital marketing firm and they can produce better online marketing than these SPH morons
 
Just announced its student dormitories investment in UK gonna be hit with 4 to 8 million Euro loss in revenue for this year because of Corona. These investments were supposed to help subsidise the decline in media revenue. Double trouble now.

Even after Pandemic is over, Asian students may not want to return to UK given the racism some have experienced.
 
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