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Fairfax and News acquire online businesses

Courtesy of Andrew Pascoe’s under the rotunda Blog I found out that News and Fairfax have been buying another online business each:

News Digital Media has purchased Moshtix, the online ticketing business where patrons use their mobile phone as the ticket to enter events.

Fairfax Digital has bought Essential Baby, a parenting website.

While publishers have spent hundreds of millions acquiring online revenue streams, newsagents are yet to spend a cent. Am I alone in seeing a problem here for newsagents?

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Media disruption

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  1. Sunny

    Hi, Mark.

    Have you visit
    http://www.i-soldit.comm.au.

    It is a franchise group which encourage local people drop off their products and sale it over internet.

    These shops are hubs of local community with internet connection. So how about a similar structure for newsagents?

    Newsagents can form a partnership with a national logistic network.

    The story of i-soldit.com.au is listed in
    Which Franchise? magazine 7th Edition.

    Cheers,
    Sunny

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  2. mark fletcher

    Thanks Sunny. I have seen i sold it for much of the last year. We are hoping our find it network can offer a competitive newsasgent opportunity.

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