links for 2008-04-09
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So why would anyone buy a newspaper? Well, for one thing, they make money. Despite the Internet and the slowing economy, many newspapers remain highly profitable.
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If you want to see where the business end of the newspaper crisis is being played out, read the transcripts of the earnings calls.
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Publicis Groupe Chief Executive Maurice Levy said on Tuesday the advertising industry faced “tremendous pressure” to change, but could still withstand competition from Google Inc and Microsoft Corp.
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