Not many people in Singapore will be unfamiliar with Singapore Press Holdings (SGX: T39), or just SPH as we like to call it in here.
With 18 newspaper titles printed in four different languages and 100 magazines in its stable, SPH is unquestionably the leading publisher in Singapore. The company’s flagship paper, The Straits Times, dates back to 1845. It is the most-read newspaper in Singapore with a daily circulation of around 390,000.
But 2013 is a lot different to 1845. Newspapers are not the only medium by which news is distributed today. With the proliferation of news-on-the-go, the public wants the latest information rather than yesterday’s news.
So where does that leave SPH, given that newspapers and magazines account for nearly four-fifths of its total revenues? Are newspapers still relevant in today’s society?
Find out when James Yeo and Chong Ser Jong fight over Singapore Press Holdings.
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