Broadcasters and advertisers have joined hands to set up the Broadcast Audience Research Council , an independent body to commission market research and provide accurate TV ratings in a transparent and objective manner in India. The Indian Broadcasting Foundation (IBF) and the Indian Society of Advertisers (ISA), the primary members of Broadcast Audience Research Council, will own equity stakes in...
The Indian media industry has seen a few sporadic deals recently and industry players expect further consolidation across all segments. Here are some recent acquisitions and mergers in the Indian media space over the last one year: Network18 to consider selling its stake in London-listed Indian Film Company Ltd(JS6.L) to Viacom 18, a joint venture between its unit IBN18 Broadcast(IBN.BO) and U.S...
The Gannett Company, the largest newspaper publisher in the US, said on Friday that its second-quarter profit more than doubled from a year ago, helped by a rebound in broadcast revenue, a one-time tax gain and a less severe drop in print advertising, the Associated Press (AP) has reported. But revenue at the company, which publishes USA Today, and owns more than 80 other daily newspapers and 23...
The Brazilian daily Jornal do Brasil will discontinue its print edition and publish exclusively on the Internet starting September 1, the owner of the 119-year-old newspaper said Wednesday. Based in Rio de Janeiro, the once-influential paper has lost thousands of subscribers in recent years amid turmoil in the editorial offices and serious financial woes. Though it was founded by monarchists...
More than 20 years after the fall of the Wall, Berlin is taking a small step toward establishing itself as the media hub of Germany, as the country’s biggest news agency and a newly reinvigorated rival consolidate their operations in the city this summer, says a New York Times report. Yet in an echo of the Cold War divide, relations between the agencies — D.P.A, which was founded in postwar West...
Detroit's two daily newspapers knew they were shoving some readers overboard in an effort to stay afloat when they decided to limit home delivery to just three days a week, says an Associated Press (AP) report. It was only a question of how many subscribers would abandon the Detroit Free Press and The Detroit News once their print editions were no longer hitting doorsteps and driveways each Monday...
The Canadian Press, the news service that began as a way to distribute reports from the front back to Canada during the First World War, has struck a tentative deal that will transform the 93-year-old organisation, says a The Globe and Mail report. Faced with mounting financial challenges, the organisation is proposing to convert itself to a for-profit company, from an industry co-operative. Under...
CNN said Monday that it's no longer using Associated Press content after the two sides could not agree on a contract extension. The AP confirmed that the two news organisations differed on terms for licensing AP stories, photos, video and other content beyond the June 30 expiration of the existing contract. CNN has been an AP customer since the cable network launched in 1980. The details: [ Link]...
The Government on Wednesday constituted a seven-member committee headed by FICCI general secretary Amit Mitra to suggest a robust television rating point (TRP) system mechanism. The committee would review the existing TRP system in India and suggest measures to bring in place an effective mechanism for a transparent TRP system in the country, the Press Trust of India has reported. It will submit...
Jagran Prakashan, the publishers of Dainik Jagran, will take over all the print businesses of Mid-Day Multimedia, which publishes the afternoon tabloid Mid-Day, the Hindu Businessline has reported. According to the agreement announced on Wednesday, a Mid-Day shareholder will get two shares of Jagran for every seven owned in the company. Mid-Day's publication business operated by its arm, Mid-Day...
