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