Question by jsotan: Why some investors or rich people see newspaper investment as a good investments?
Why some millionaires see media or newspapers as a good long term investment? Is it because news will never stop? Or because is part of making sure they are in power and retain a good media/public image?
Answer by L. E. Gant
Up till now, media and newspapers have been a good investment. The reason: advertising. Not the news, not the gossip, but advertising.
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