Welcome to Market Revolution's blog

Thank you for visiting Market Revolution's blog.

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.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Thursday, 11 June 2009

Standard owner Lebedev set to buy Independent newspapers

Russian oligarch Alexander Lebedev, majority owner of the London Evening Standard, is understood to be in advanced talks to buy The Independent and Independent on Sunday.

We hear that the deal is a long way from getting done. Seems that the Indie management has unrealistic aspirations about their own importance in any merged entity.

The old phase of 'beggars cant be choosers' springs to mind!

We have been scratching our heads trying to work out the strategic sense of this deal.

Vanity publishing aside both are ailing, both have no more costs to cut......its hard to see where the efficiencies are going to come from.

Anway Im sure the great minds behind this deal have this all figured out.

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