Business Services Industry
Newspaper battle in Geelong.
Australasian Business Intelligence, May, 2003
May 12, 2003 (The Australian Financial Review - ABIX via COMTEX)
The Geelong Advertiser group has launched a bid for the competing "Geelong Independent" newspaper. The Australian Competition and Consumer Commission ruled that the purchase would increase the market share of the Geelong Advertiser group but not lead to huge price increases. The bid is rumoured to be worth $A2 million. "Independent" director Terry Tayler said a merger would undermine the region's diversity of media. Geelong Advertiser group CEO, Colin Duck, has promised to revamp the "Independent" if the bid is approved. The "Independent" has annual turnover of $A4 million per year, return on sales before tax of two per cent, and has 16 per cent of Geelong's $A25 million newspaper market.
...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
