"At a time when other newspaper companies lament a loss of readers and advertisers, Schibsted is thriving. Its earnings rose 28 percent in the fourth quarter. Online operations will generate about 20 percent of the company’s revenue this year, according to analysts at Kaupthing ... even as many other big newspaper publishers struggle to reach the 10 percent mark. ... Perhaps more important, at least for investors, online businesses will provide nearly 60 percent of the company’s operating earnings by next year... Schibsted has become so emblematic of online success that Bharat N. Anand, a professor at Harvard Business School, is writing one of the institution’s well-known case studies on the company." Read More...