Credibility and Community Spirit: How Traditional Values Keep Media Companies Profitable in Internet Times
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Show Notes
Media Chinese International Ltd GM of Group Project Operations Chan May May discusses:
- 2011 advertising expenditure - expectations - newspaper segment;
- Share of print adex - Media Prima rise - Star fall - whether bigger trend;
- 2012 adex outlook - 2012 Olympics - Euro 2012 - General Election - forecast adex growth forecast at 2x GDP;
- Newsprint costs - percentage of needs locked - hedging - trend;
- Exchange rate outlook;
- Newspaper circulation - breakdown by region -- growth rates - recent MCA debate - impact circulation - reasons -- drivers circulation movements;
- Importance of credibility - balanced reporting;
- Outstanding libel suits;
- Other challenges: increasing operating costs - labour costs - climbing inflation;
- HUGE travel business - minuscule margins;
- HK business;
- Plans for cash - RM390.7m - payout policy;
- Investor roadshow - message;
- Chinese diaspora - MCIL role - Economic disparity - POLITICS - Clustering - subculture - Discrimination - hostility.
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