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We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

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Monday, 30 June 2008

Trinity Mirror - Kicking a dog when its down

Trinity Mirror shares today crashed 25% after the group said profits would be 10% lower than expected.

No surprises here. Its tough out there. We have heard tales of woe from right across the newspaper market. And it aint going to get any easier anytime soon is it.

Its crazy however that the 'City' react (or overreact) in the way they do. Current market conditions have been priced into share values for sometime now so further falls in share price based on more bad news are not welcome or necessary.

Talk about kicking a dog when its down

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