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Strategic Management

Virtual Lab 1 (A) News Corporation is a publisher of a number of reputable newspapers including Wall Street Journal. Go to https://newscorp.com and check whether News Corp recent financial reports indicate that its business model is working (a lot of financials can be found in the Investor Relations section in the webpage). Does the company’s business model remain sound as more consumers go to the Internet to find general information and stay abreast of current events and news stories? Is its revenue stream from advertisements growing or declining? Are its subscription fees and circulation increasing or declining?

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