With the destruction of older newspaper businesses such as the Youngstown Vindicator comes adaptation and the creation of innovative business models and collaboration by the Business Daily Journal, Google, and McClatchy.
When is a business or product line more valuable now to another party than it will be to your organization in the future? Coventry League highlights when to use divestitures to create value as well as the trend in deal volume of divestitures and tax implications of a sale.
Over fifteen years ending 2015, the ad revenues of newspapers dropped by almost 70% to about $20B, which would put the amount at the level it was prior to 1970. Coventry League provides ways to not only survive the apocalypse, but also to thrive amid the disruption.
