2005-2014

30 May 2005

Asia takes lead in newspaper renaissance

Worldwide newspaper sales edged up by more than two percent in 2004 while advertising revenue recorded significant gains, the World Association of Newspapers said Monday. In its report on trends in the newspaper industry, the WAN said 395 million copies of newspapers were sold daily in 2004 and read by an estimated one billion people worldwide. China, India and Japan were the world's biggest...

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29 May 2005

Journalists must stop being in denial: Bloggers here to stay

There is, writes Virginia Postrel in her column on Forbes.com, 'something about blogs [that] makes a lot of respectable journalists hyperventilate. News pros seem terribly threatened by online amateurs.' As an illustration she quotes a Los Angeles Times columnist, David Shaw, an über-hack who won a Pulitzer Prize in 1991 for his media criticism. Blogging, Shaw writes, is a 'solipsistic, self...

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28 May 2005

Reddy proposes visa-free travel for journos, proprietors

HYDERABAD: Union Minister for Information and Broadcasting S. Jaipal Reddy on Friday proposed visa-free travel within South Asian countries for journalists and newspaper proprietors as they were ambassadors of peace, amity and goodwill. Describing journalists as unacknowledged diplomats of the modern era, he said they could mould public opinion without being fettered by vote bank considerations...

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27 May 2005

Foreign money in media at Rs 150 cr in 4 months

Foreign investors seem to be investing in Indian media and entertainment sector with a vengeance. In the first four months of 2005 alone, over Rs 150 crore has been pumped into various domestic media companies. Compare this with Rs 113 crore that flowed in to the sector during the entire 2004 (excluding the investment by Independent News & Media, Ireland, whose stake in Jagran was just approved by...

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26 May 2005

Mob attack on Lokmat's Pune office

The office and press of Lokmat Newspapers, Pune edition, was attacked by a mob on Tuesday night. Stones were pelted at the newspaper's new building, which was to be inaugurated by second week of June, amounting to losses worth Rs 5 lakh to the organisation. The mob entered the building premises, armed with lathis, and smashed the building's glasses and attacked the security guard. Stones were...

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25 May 2005

Times holds on to its edit flock in Mumbai’s poaching spree

For a while it appeared that the Mumbai media market was in for a massive editorial manpower churn with DNA and Hindustan Times preparing for their launches in the next couple of months. After the initial euphoria and speculation, everybody’s target – The Times of India – seems to have successfully weathered the hectic poaching attempts and held on to its editorial team at all levels. In a way...

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24 May 2005

The Hindu pooh-poohs Deccan Chronicle’s circulation claims

"Deccan Chronicle’s claim of having a circulation of 1.45 lakh copies is highly exaggerated and ridiculous. The newspaper may not be selling more than 15,000-20,000 copies," says N Murali, joint managing director, The Hindu. Welcome to battleground Chennai, where the King is in no mood to allow potential usurpers sneaking in. Murali adds, "The publication may be having a print run of as many...

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24 May 2005

Good, Bad, and Ugly (maybe), says CHRI

After a number of false starts and even one Act which was on the books but never came into force, it is with much excitement that the Right to Information Act 2005 has finally been enacted by the Indian Government. The Act has been passed after hectic lobbying by civil society over the last year, since the new Government came into power with an explicit commitment to making the old law "more...

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24 May 2005

Deccan Chronicle buys 67% in Asian Age

Deccan Chronicle Holdings, publisher and owner of Deccan Chronicle, has acquired 67 per cent in Asian Age Holdings, which owns The Asian Age, for Rs 17.10 crore, scaling up its stake to 90 per cent. The acquisition values The Asian Age at Rs 25.52 crore. UB group Chairman Vijay Mallya will hold the remaining 10 per cent. T Vinayak Ravi Reddy, managing director of Deccan Chronicle Holdings, said MJ...

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24 May 2005

Future of magazines: Net could empower readers

While Newsweek magazine has been in the news lately for all the wrong reasons -- mainly for a faulty Periscope item on Koran abuse -- the magazine should be praised on a much larger scale for reinventing itself. This isn't about politics, but about the scope of Newsweek.com, the online home to Newsweek that has included everything from daily breaking news to video blogs from correspondents at the...

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