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Newspaper industry in fact is decreasing from 2006 until right now. Shifting behavior of their customer is becoming newspaper company problem to survive in this industry. Newspaper industry should shift their business into e-newspaper if they did not want to end up like music distributor industry. Even though, e-newspaper business model itself is not easy to be adapt. In fact, there are a lot of newspaper company who already failed to implement e-newspaper. Most of newspaper company treat e-newspaper only as their other distribution channel. It was the wrong concept if they want to develop e-newspaper and run it as the substitution of traditional newspaper. Revenue stream become the main concern in e-newspaper since it is difficult to create sustainable revenue stream. Result of the research is in order to create sustainable revenue stream, newspaper company should take a look at their resources and capabilities first. Value chain analysis is used to grab the potency of Pikiran Rakyat and make it as value proposition concerning e-newspaper in order to create revenue stream through e-newspaper. Last, business model canvas is used in order to map the proposed business model. In the end, e-newspaper Pikiran Rakyat has various revenue stream that could be used.

FORMULASI BISNIS MODEL SURAT KABAR ELEKTRONIK DI PIKIRAN RAKYAT