(1) Cost of printing presses creates segmented monopolies
Cost of printing presses creates segmented monopolies.
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The Future of Newspapers »The Future of Newspapers
Do newspapers have a future in the digital age? »Do newspapers have a future in the digital age?
Core business model is collapsing irrevesibly »Core business model is collapsing irrevesibly
Old economics don't work in the digital era »Old economics don't work in the digital era
(1) What are the old economics of the newspaper industry? »(1) What are the old economics of the newspaper industry?
(1) Cost of printing presses creates segmented monopolies
(1) Printing presses are expensive to set up and run »(1) Printing presses are expensive to set up and run
(2) Cost creates barrier to competitive entry »(2) Cost creates barrier to competitive entry
(3) Cost creates positive returns to scale »(3) Cost creates positive returns to scale
(4) Small advantages build iteratively into large advantages »(4) Small advantages build iteratively into large advantages
(5) Segmented geographic / demographic monopolies »(5) Segmented geographic / demographic monopolies
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