The Indian market is "the new theater of strategic investment," the chief executive of Independent News & Media, Tony O'Reilly, declared last month after the Indian government had approved his bid to buy a stake in one of the nation's leading newspaper groups. His company, the owner of the British newspapers The Independent and Independent on Sunday and of The Belfast Telegraph, paid $34 million...
LAHORE, June 24 : All Pakistan Newspaper Society (APNS) and Indian Newspaper Society (INS) may soon work out details to import newsprint and other materials used in production of newspapers from Western countries. Talking to reporters at a lunch that the Jang Group of Newspapers hosted for a visiting Indian delegation, INS president and Zee News chief executive officer Pardeep Guha said: "The...
After scorching the Mumbai billboards with its high-octane campaigns, Daily News & Analysis or simply, DNA is gearing up for its Mumbai launch. According to an internal communication meant for the newspaper's employees, the newspaper has set July 21 as the date for its Mumbai launch. DNA sources, who declined to be identified, said the newspaper would begin its dry-run from tomorrow (June 24)...
This would give the print media greater flexibility while raising money. The government today allowed foreign funds, overseas corporate bodies, non-resident Indians and persons of Indian origin to invest in Indian newspaper companies. Besides, the printing of foreign editions of international publications in India has also been allowed. However, the overall foreign investment cap in news and...
The National Development Front (NDF) newspaper, proposed to be launched in the beginning of 2006, will impact adversely the business of certain existing dailies promoted by Muslim groups, say media experts and Islamic leaders. "The NDF project will affect at least one Muslim Malayalam newspaper. But, it will depend on how well the NDF newspaper is positioned and produced," said a Muslim scholar...
The Times of India Group is renewing its focus on magazines and is in the process of bringing various international titles to the country. One of the first to enter the market would be Top Gear’ from the BBC stable. Gautam Sen is the editor of the magazine. Top Gear is expected to be published from India by the end of this month or early July. On being contacted, Times officials neither confirmed...
With the launch of 'Mumbai Mirror', a tabloid from the stable of Benett Coleman and Co, on May 30, the first salvo has been fired in the impending media war in Mumbai. The city is also awaiting two more confirmed launches – that of the Mumbai edition of the Hindustan Times and Zee-Bhaskar group’s DNA in the next couple of months. A Kolkata-based newspaper group too is eyeing the Mumbai market with...
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...
Navi Mumbai or New Bombay, which lies to the north east of Mumbai, will be the printing hub for new entrants Hindustan Times and DNA. The players are currently setting up printing units at Airoli (HT) and Mahape (DNA) in the region. And, if the grapevine is to be believed, then even Bennett, Coleman & Co (BCCL) is looking to set up an additional printing facility in the region, though there is no...
Come May 1, Hindustan Times' Delhi edition will have a completely new look. While none of the HT executives were available for comments, industry sources informed that Hindustan Times will now have a new-look masthead for its Delhi edition. Other significant changes include overall design in each of the pages, inclusion of more pictures. Sources said, the newspaper's pages will now be more photo...
