We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“Unlike over the past few years where media companies were looking at growth at all cost — buying revenue in many respects — the name of the game is now profitability and cash flow…It’s one thing to chase scale for scale’s sake, but it’s entirely different to run a business. Running a business means having profit. Media companies that are spending venture do not operate the same way that people that spend profits do.” —
Tags:
acquisitions,
digital media
