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Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you're generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don't make. ↗
Newspapers are busily experimenting with different models. Traditionally, and I suspect in hindsight very mistakenly, online news was free. And once given free access readers felt it was their entitlement. ↗
We need to recognise that the whole edifice of our fifth estate, of our journalism, has been built on a foundation of newspaper journalism and that that foundation is crumbling. The management of the media companies will deny that the end is nigh. I hope they are right. ↗