‘Big media inquiry, little industry change’

Alan Kohler reports on current media business models:

https://i2.wp.com/www.dashboardinsight.com/CMS/87f4ab8c-f599-4654-86fd-f63bbbdd0a3b/Data_Hour_glass_disruptive_technology.png

The basic problem with the media’s business model is that they’ve been giving their products away for free for so long the market price of most journalism has been reduced to zero.

Continue reading:

http://www.abc.net.au/news/2011-12-14/kohler-media-inquiry-regulate-support/3730930

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