In 1993, the CCP was still under Jiang’s control. Kuok, who had never been in the media business, spent a huge amount of money on the purchase of SCMP.
It’s no mystery that newspapers are struggling to make money: between 2006 and 2014, the industry lost approximately 30 billion dollars in advertising.
In 1993, the CCP was still under Jiang’s control. Kuok, who had never been in the media business, spent a huge amount of money on the purchase of SCMP.
It’s no mystery that newspapers are struggling to make money: between 2006 and 2014, the industry lost approximately 30 billion dollars in advertising.