Sunday, April 08, 2007

While Reed Elsevier Evolves, is Samuel Zell trying to change the online news business

Times has a story about Reed Elsevier and our CEO Sir Crispin Davis. The writer got it right when s/he states where we are moving in our business units:

"The unlovely jargon for this is “workflow solutions”. " The workflow revolution is set to turn Reed Elsevier into more of a software and services company".
I strongly believe that authoritative content plus software and services which will solve customers' business questions will be key for our success. Just being an information provider will not fly any more.

I could not agree more with Crispin Davis when he says that " this is a very good company in a fascinating market going through a real period of change."

Will this change come from Samuel Zell who is a real-estate magnet and who recently spent billions to buy a media company when he stated that "if all of the newspapers in America did not allow Google to steal their content, how profitable would Google be? ........ "Not very."

Ok, Google is not stealing content but are all the publishers getting the share that they are supposed to get or are they leaving some money on the table to Google because we are concentrating only on the links that Google is sending us?

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