Sunday, October 13, 2013

Thoughts on TheStar, TheEdge and Focus

Some weeks back, The Star carried an article on the competition in the business weeklys. There are now The Edge, Focus and TheStar Business section. Not surprisingly it concluded that TheStar has the highest number of circulation and TheEdge's business will be cannibalized.

Seeing such a piece, Focus's Clement Hii has this to say in Facebook:


No doubt, this is a piece of news designed to make itself look good while belittling the competition.

Then, on this week's TheEdgeMalaysia weekly, its owner TongKooiOng posted a blog "il buono, il brutto, il cattivo", the good, the bad, the ugly. Mr. Tong was a financial analyst, and the post commensurated with his capability to write. The ugly portion is an insightful tacit reply on TheStar's piece on TheEdgeMalaysia.

The opinion was scathing but true about TheStar. Its circulation has been dwindling and its share price has already caught up with the new reality.


I was particularly touched about the portion that TheStar used to be the People's paper. It has now become the government's mouth piece. And then, I realized why TheEdgeMalaysia or for that matters, Mr. Tong has been blogging about the middle class's woes. here

Perhaps what TheEdge tries to do is to replace TheStar as the new People's paper. It is easy to relate that people read the paper that champion their cause and if any paper wants to have the attention of the Malaysian middle class, what better ways than to write about their concern? 

The Malaysia media scene is now getting interesting, and it will be equally as interesting to observe the many counters that are related to all these media companies.

As in all competition, some will prevail while others will fail. It will be wise to stick with company that will survive the competition.