Billionaires' Newspaper Fixation

One, the Indian print media is unprepared for the future, second the history repeats itself.

If we take the epic book ‘The History Repeats Itself’ written by Jeremy Philips in 2009 in to consideration, back in 2005 all media companies like News Corporation, Viacom, Disney and Time Warner bought an average returns of 2.5 percent to S&P average of nine percent for other American companies.

The returns are not just bought by the print media, every other streams of the media business offers some suspected returns.

For centuries there were many investors, and rich businessmen who found the world of media glamorous, interesting and challenging and made their contributions into it. Infact, the reason behind the success existence of the newspaper from more than two and a half decades is it has been strongly supported by rich men who had the urge and money to invest.

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