Battle of the business dailies
Economia publishing house's SMS screw-up last week came at a
particularly bad time. The iHNed server accidentally sent a test
SMS that said, in Czech, that "Paroubek shit himself." It came as
Mladá fronta publisher is reportedly preparing to launch a new
business daily to compete against Economia's HN. The only way
a new daily can catch on is by being more serious than HN. That
not only means no scatological SMSes, but also distinguishing
consistently between net and pretax profit and realizing that Kč
27.7 is not the same as Kč 27.700. To maintain its circulation,
HN has gone down-market. It devoted a full page today to
Vladimír Železný when two paragraphs would have sufficed, and
it missed the huge story about imposing health tax on company
board members. Czech business is moving at a rapid pace, and
businesspeople will buy the economic daily that keeps up with
them.
[Czech Republic Hospodářské noviny significant figures digits
healthcare]
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