18 Oct '17, 8am

Singapore Press Holdings bloodied and confused, part 1

Singapore Press Holdings bloodied and confused, part 1

The deterioration of Singapore Press Holdings’ (SPH) fortunes has long been expected. As the monopoly publisher (now that Mediacorp’s Today has gone totally digital) of all Singapore’s print newspapers, not only is it suffering the same headwinds from digital that newspapers around the world have been experiencing, it has lost all sense of journalistic mission. Partly, this loss was due to demands of the Singapore government for government-friendly coverage, but partly too, its monopoly position — the flip side of its Faustian bargain — has eroded whatever competitive instincts it might once have had. For these reasons, I am very doubtful that there is any blue sky ahead however many cost-cutting exercises SPH’s management performs. The problem isn’t cost; the problem is the brand and the impossibility of doing a proper journalistic job. Part 2 of this essay will expand on...

Full article: https://yawningbread.wordpress.com/2017/10/18/singapore-p...

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