Hot Topic - Modern Times Group (MTG)
Entering a transitional media market is always a leap of faith. Investors weigh opportunity with costs, always considering the learning curve. To thrive several conditions are helpful; from economic and political to social and cultural. When transition stagnates - or worse - the next leap is to the exits.
It is always best, we have learned, to take with a grain of salt any “breaking news” headline. OK, a barrel of salt. Maybe a boat-load of salt. We must temper the excitement no matter how, well, exciting.
With short attention spans and an anxious nature investors don’t need a lot of input for buy-sell decisions. The digital era has given them many tools. And they certainly like betting on change. They only need be right 51% of the time so the slightest nudge sets them off.
Tough times can be opportunities for savvy investors. The secret, often, is waiting for the right moment. But patience is rarely an executive virtue, punishment being swift. Sometimes having a pile of cash helps.
Major media companies invest where opportunity exceeds cost. Patience, say the sages, is a virtue. But these are special times and “you’ve got to know when to fold ‘em.”
It’s far from uncommon for politicians to call meetings with key media executives, particularly with elections on the horizon. It’s different in the UK, as we’ve seen, where Rupert Murdoch calls in the politicians. This meeting was a bit different, some witnesses calling it "strange."
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Media in Scandinavia
Big media companies in Denmark, Finland, Iceland, Norway and Sweden are riding a sea of change. The digital media revolution is nowhere more apparent than in Scandinavia. This ftm Knowledge file Media in Scandinavia looks at rapid change in the most 'wired' neighborhood. 103 pages PDF, Resources (June 2012)
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Media in Spain - Diverse and Challenged – new
Media in Spain is steeped in tradition. yet challenged by diversity. Publishers hold great influence, broadcasters competing. New media has been slow to rise and business models for all are under stress. Rich in language and culture, Spain's media is reaching into the future and finding more than expected. 123 pages, PDF. January 2018
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The Campaign Is On - Elections and Media
Elections campaigns are big media events. Candidates and issues are presented, analyzed and criticized in broadcast and print. Media is now more of a participant in elections than ever. This ftm Knowledge file reports on news coverage, advertising, endorsements and their effect on democracy at work. 84 pages. PDF (September 2017)
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Fake News, Hate Speech and Propaganda
The institutional threat of fake news, hate speech and propaganda is testing the mettle of those who toil in news media. Those three related evils are not new, by any means, but taken together have put the truth and those reporting it on the back foot. Words matter. This ftm Knowledge file explores that light. 48 pages, PDF (March 2017)
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