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CyberMedia
inks JV with CMP Media to create global outsourcing portfolio
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| India-based specialty media house CyberMedia and global integrated media company CMP Media have joined hands to build a global media services portfolio. More... |
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Print
Park to come up on 253 acres
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| The
southern state of Karnataka has allotted 253 acres of land to the
Karnataka State Printers Association (KSPA) to set up a 'Printech
Park' at Harohally. More... |
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Deccan
Chronicle plans to buy book store chain
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| Deccan
Chronicle Holdings, owner of English dailies Deccan Chronicle and
The Asian Age, is close to acquiring a retail chain of book store.
The value of the acquisition is estimated at Rs 50 crore. Deccan
Chronicle Holdings, owner of English dailies Deccan Chronicle and The Asian Age, is close to acquiring a retail chain of book stores. More... |
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Heernet
Ventures releases study on investment opportunities
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| A
newly published research study on the Indian yellow pages market
has concluded that the sector is at a key stage in its development
and presents an attractive investment opportunity for domestic and
overseas investors. More.. |
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INMA
to organize 2-day newspaper conference
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| The
International Newspaper Marketing Association (INMA) Global Forum
is scheduled to organize a two-day newspaper conference on November
10 and 11 in the city of Mumbai, to highlight the recent developments
in different parts of the publishing industry. More... |
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Getit
to expand operations in Tamil Nadu
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| Getit
Infomediary Limited, publishers of official telephone directories,
plans to expand in the smaller towns and districs of southern India
in the state of Tamil Nadu. More... |
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NEW
LAUNCHES |
| Mumbai’s
‘Time Out’ now aims for Delhi. More... |
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| Springer
Science+Business Media, a Dutch scientific and specialist literature
publisher, is to move its more work to India, satisfied with the
quality of work and manpower skills.
The company gets nearly two-thirds of scientific and one-third business media work done from India. The company is ranked first with 25 per cent market share in scientific book publishing with 4,000 books printed annually. The company in India is present through two entities - Springer India based in the federal capital New Delhi and Scientific Publishing Services based in the southern city of Chennai. The Indian office is to double its staff soon which is currently at 1,200 employees. The company has been actively involved with the Indian digital library project and other resource-sharing initiatives by providing scientific and research content, networking of all major research institutes, special libraries and engineering colleges to global database platform. There are also reports that the company is looking at buying a local company. |
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| Leading
French magazine Le Monde Diplomatique has entered into an editorial
alliance with Delhi-based national news monthly Hardnews. Hardnews also has the rights of Diplomatique for the South Asian region and is looking at different ways where work can be done together. Diplo is quite keen to use its partnership with Hardnews to access the fast growing readership in Hindi and other Indian languages. Industry experts pointed out that Hardnews was the natural choice for “Diplo” for a tie up in the Indian market as both share the same kind of editorial values, are independent and share similar concerns about “unfettered globalisation and the impact of footloose capital on societies”. |
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India-based specialty media house CyberMedia and global integrated media company CMP Media have joined hands to build a global media services portfolio. Industry professionals view this as a first step to long held ambitions of CyberMedia of expanding globally and being a gateway to media-related BPO projects in India. In a statement Pradeep Gupta, Chairman and Managing Director of CyberMedia, said that this would be the first global product from an Indian media house addressing global readers. “This move is part of CyberMedia’s plans of expanding globally. We, therefore, chose to combine our BPO portfolio with CMP’s Managing Offshore to broaden our reach to this new and expanding market.” The North American BPO market is expected to grow to $110 billion by 2009, and CMP Media has confirmed that this new joint venture will enable the group to penetrate the fast-growing audience in an unprecedented way. CyberMedia has been publishing ‘Global Outsourcing’ since August 2004. A media offering for decision makers and influencers of offshoring, CMP Media, part of United Business Media, launched ‘Managing Offshore’ newsletters addressing the complex issues of global sourcing in May 2004. |
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The southern state of Karnataka has allotted
253 acres of land to the Karnataka State Printers Association (KSPA)
to set up a 'Printech Park' at Harohally.
The park, when completed will house printing units of some 300 companies. The state has 12,000 printing and packaging units and of which 3,500 are in the capital Bangalore. Of the 253 acres, the park’s managing body (KSPA) has already received bookings for 100 acres. It is also planned that there would be a print testing and training centre. The move to set up this park comes following the Federal Supreme Court order prohibiting the functioning of printing units in the residential and city centers. |
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Deccan Chronicle
Holdings, owner of English dailies Deccan Chronicle and The Asian
Age, is close to acquiring a retail chain of book store. The value
of the acquisition is estimated at Rs 50 crore. In early May, the group had acquired 67 per cent stake in Asian Age Holdings, promoters of The Asian Age, for Rs 17.10 crore. Sources said Deccan Chronicle had initiated steps to raise funds, most probably through issue of foreign currency convertible bonds, to finance its growth. The company will seek shareholders’ approval to raise funds through FCCBs, ADRs and GDRs at the forthcoming general body meeting. The company’s move to raise funds followed a government announcement on June 17, allowing foreign funds, overseas corporate bodies, non-resident Indians and persons of Indian origin to invest in Indian newspaper companies. In addition, with the Federal government allowing the printing of foreign editions of international publications in India, the group is also viewing to explore newer opportunities. |
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The
International Newspaper Marketing Association (INMA) Global Forum
is scheduled to organize a two-day newspaper conference on November
10 and 11 in the city of Mumbai, to highlight the recent developments
in different parts of the publishing industry.
The conference will feature top newspaper executives from North America, Europe, Latin America and the South Pacific under the theme 'Bringing the World of Newspapers to India'. The conference is targeted at senior-level newspaper executives responsible for product development and growing revenue, advertising, circulation, and brand for daily newspapers in India. INMA partners in the Mumbai conference include The Times of India and The Indian Newspaper Society. The Dallas-based INMA is an association of senior newspaper executives with about 6,000 members and subscribers in 123 countries worldwide. It produces magazines, web sites, e-newsletters, reports, books and conferences on how newspapers can increase circulation, advertising and branding. |
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Getit
Infomediary Limited, publishers of official telephone directories,
plans to expand in the smaller towns and districs of southern India
in the state of Tamil Nadu.
The new Getit b2b and b2c yellow pages has about 43,836 companies in over 3,751 categories listed in them. Apart from this, the books have new features such as Brandex, an index of the leading brands in its new expanding markets and Findex, a fast find index to locate any product or service. The company plans to distribute over 1,75,000 printed copies and compact discs of b2b yellow pages and about 3,50,000 copies of b2c yellow pages all across Chennai. Getit has a market share of 80 per cent with its presence in over 24 cities across the country. The company brings out over five million directory copies annually. |
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Mumbai’s ‘Time Out’ now aims for
Delhi The magazine does not intend a multi-city roll-out, but plan to enter the market in the metros one by one. In terms of circulation, the magazine claims to have achieved its target of 50,000 copies in Mumbai. City centric magazines are one category that major publications
are looking forward to. So, even in the other metros where ‘Time
Out’ plans to venture, it may face stiff competition.
For the record, ‘Time Out’ has just turned one with
it first edition in Mumbai. The magazine is published by Paprika
Media, which is part of the Essar Group. The magazine will showcase the best-designed stores from India and abroad to provide a relevant reference point for the industry. The target readers for the magazine will be retail stores, brand marketers, retail designers and architects. The magazine will be circulated across Asia and the Middle East. The organisation owns two titles, ‘Point-of-Purchase’
and ‘Outdoor Advertising’ The Indian edition of ‘Maxim’ will be similar to the international edition in terms of design, layout and tone, but the content will be adapted to suit Indian sensibilities. Media Transasia India Ltd is a Delhi-based publication house, which houses several magazines, including ‘Discover India’, ‘India Design and Interior’ and ‘Swagat’. A
Hindi weekly, 'Har Shanivar Film
magazine focused on South India to launch from Dussehra The concept of a pan-South magazine would go well with stars transcending languages, and an evolving and intelligent audience, felt the young entrepreneur. Working towards the launch, the company is currently focusing its energies on setting up an editorial and marketing network in Bangalore and Chennai. The magazine will be priced at Rs 25 per copy. At present, there are no English periodicals on cinema dedicated to South India. The new magazine will have no content on Hollywood or Bollywood. |
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