Mark Cuban sees huge opportunity in the news industry, calling for the convergance of news brands and organizations.
“What I find interesting is how duplicative all their efforts are. Each of the above has a signifcant news departments with reporters out in the field looking to break stories or do a better job of reporting than their competitors, regardless of medium… Why has no one else realized the value of combining big news brands and organizations?
“…what is happening is that everyone is cutting back individual news operations rather than partnering to ramp up. Consumers don’t need more brands, they need more in depth reporting of more stories.”