Hiteshbhai,
PRINT - Value is migrating from Print based news to app based news over smartphones.
If you know, Gujarat has only 2 major newspapers, Gujarat Samchar and Sandesh. Some market share is with Loksatta. Few years back both these papers had to start giving freebies to the customers to keep monthly subscription going. Freebies included household items.
Even Buffett sold Washington Post to Amazon.
So will PRINT be around for next 25 years ?? Maybe Yes.
Will it be profitable and high ROC generator ?? No
RADIO - Radio business is good ad revenue generaring, but it is not scalable. Most people listen to radio for music. Music consumption is migrating to smartphones via apps like Saavn or many consumers download pirated versions.
So will RADIO be around for next 25 years ?? Maybe Yes.
Will it be profitable and high ROC generator ?? No
This is my opinion and I reserve the right to be wrong
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