Newspapers: The Ideal Browser?
Channel surfing after getting home late from work the other night, I happened onto a Charlie Rose interview with Tony O'Reilly.
He an Irish-Brit who formerly headed an American company (Heinz) and who now is investing in the media, among other things. You can find out more about him and his company here.
Annoyingly, I can't find a copy of the video on the web or on Charlie Rose's website (a definite candidate for Vincent Flanders list.
What interested me was O'Reilly's rationale for investing in newspapers even in an Internet age. O'Reilly said something to the effect that some of the heaviest Internet usage is also in countries with the heaviest newspaper readership: Japan and one of the Scandinavian nations -- maybe Norway -- were two he mentioned.
This may be a commentary on those countries lack of entertainment options :-).
But O'Reilly thinks newspapers and the 'net go hand-in-hand. Internet users like papers because good old edited ink on paper turns out to be "the ideal browser." Or so says one megabucks investor.
Hope everyone had happy holidays!
Kathy K
posted by Mark H. @ 1/02/2007 08:01:00 PM
2 comments
