Saturday, April 10, 2004

media - Stories on reform heat up

Is it real change or again windowdressing? Media like the Wall Street Journal signal changes or even a shake-up at the Strait Times. I'm not that sure, even though now officially private and foreign investors can have minority stakes in media companies. At my meeting with the group of SMG managers they complained about the freedom there was on the internet compared to their possibilities. It was not fair, said one of them.
It might take some time before they have the freedom to really compete with a relative free medium like the internet.

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