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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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Thursday 12 February 2009

Sign of the times

Google acquires the buildings and premises of a mill site from a paper, packaging and forest products company that caters to the print industry.

Finland-based paper group Stora Enso has announced that Google is buying the buildings and most of the Summa Mill site, where production of paper was ceased in January 2008, for approximately €40 million ($51.7 million).

1 comment:

Anonymous said...

would be wrong to blame Google for current woes of the Newspaper industry. they have been in sharp decline since before Google was invented and have done NOTHING about it