Thursday, November 19, 2009

Newspaper is not paper, it's news, says Slim

Mexican mogul Carlos Slim is happy with his investment in the New York Times, including a loan which earns him 14 percent interest. "The newspaper is not paper. It's about news and content," he tells the Wall Street Journal in this video clip . He says the brand is strong and sees profit in an electronic Times.

2 comments:

fatima almarzouqi said...

Ilike this billionare third rishect manI agree Slim when he said "The newspaper is not paper. It's about news and content," because i think the paper will disappear, but not the content. The content will be more important. Slim currently only reads the paper when he is in the US. He invests money in an array of television and newspaper companies because he likes reading newspapers.

Suhaila Saeed Salh said...

I think this sentence “Newspaper is not apaper, it is a news” has a power meaning. A lot of people treat newspaper as nothing. They use it for different purpose than reading. The value for newspaper has really changes because most of people don’t really knows how it is important. Slim really know how newspaper is important.