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The
Delhi High Court has held that the 20 per cent ceiling on
publication of syndicated articles and features by foreign
writers and journalists in various newspapers and magazines
in India was against the freedom of speech and expression
under the Fundamental Rights (Article 19) enumerated in the
Constitution. More... |
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Leading
publishing house Jagran Prakashan will invest Rs 298 crore
(US $ 66 million) in major expansion in the country, of which
Rs 80 crore would be exclusively for acquisitions of and strategic
investments in other journals and magazines. More... |
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The
South-based Vikatan group is gearing up to launch several magazines
in Tamil language. The first from the stable will be an auto magazine.
More... |
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The
Chitralekha Group, publishers of the general interest weekly magazine,
‘Chitralekha’, has launched its edition in the US. More... |
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Financial
daily Business Standard is in talks with news channel NDTV to sign
a content sharing deal with its business channel, NDTV Profit. More... |
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| Court
rules 20 % content syndication limit as illegal |
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The
Delhi High Court has held that the 20 per cent ceiling on publication
of syndicated articles and features by foreign writers and journalists
in various newspapers and magazines in India was against the freedom
of speech and expression under the Fundamental Rights (Article 19)
enumerated in the Constitution.
While
observing that freedom of press need not be tested on nationality,
Justice Vikramjit Sen said the government in a circular could not
restrict the publication of syndicated articles and features of
the foreign publications in Indian newspapers, magazines and periodicals.
''The
impugned circular to restrict the publication of foreign syndicated
articles to 20 per cent in the publications in India is struck down
as it is contrary to Article 19 of the Constitution,'' said the
order. |
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| Jagran
group plans to spend US $ 66 million on expansion |
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Leading
publishing house Jagran Prakashan will invest Rs 298 crore (US $
66 million) in major expansion in the country, of which Rs 80 crore
would be exclusively for acquisitions of and strategic investments
in other journals and magazines.
To
fund the expansion and acquisitions, Jagran has already offered
its initial public offer of 11.5 million shares, which analysts
estimate will fetch the group about Rs 400 crore.
“Our
dream is to make Jagran the number one publishing house not only
in terms of revenue but also in respect of readers,” Jagran
Prakashan Limited chairman Mahendra Mohan Gupta.
Asked
if the publisher of ‘Dainik Jagran’ Hindi newspaper
is planning to acquire dailies and magazines, he said, “It
will depend on the strategic alliance.”
The
group had set up an internal selection committee to screen the offers
already coming in from various newspapers and magazines, Mr Gupta
said.
With
a readership of over 2.12 crore and pan-india infrastructure, the
group is also looking for strategic alliance and tie-ups with newspapers
for revenue sharing. It has editions in 25 centres.
“Many
newspapers are number two or three in their regions but lack ad
revenues. We would like to tie up with them for sharing ad revenues
to the tune of 25-33 per cent and providing them strategic and financial
package,” Gupta said. |
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Vikatan
group gears up to launch several Tamil magazines
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The
South-based Vikatan group is gearing up to launch several magazines
in Tamil language. The first from the stable will be an auto magazine.
The
new magazine will be titled ‘Motor Vikatan’, and a section
by that name has already been introduced in the group’s publications
‘Ananda Vikatan’, ‘Junior Vikatan’, ‘Aval
Vikatan’ and the newly launched ‘Nanayam Vikatan’.
More
niche magazines in Tamil are being considered, as are special offerings
to readers and advertisers as part of the 81st year celebrations. |
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Gujarati
general interest weekly ‘Chitralekha’ launched in
the US
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The Chitralekha Group, publishers of the general
interest weekly magazine, ‘Chitralekha’, has launched
its edition in the US.
Next,
it hopes to enter Canada as well. The magazine, published in Gujarati,
aims to appeal to Gujarati non-resident Indians (NRIs) who wish
to be updated with the latest in their own language.
Mitrajit
Bhattacharya, publisher, ‘Chitralekha Gujarati’, says,
“Four out of every 10 Indians living in the US are Gujaratis.
It was a natural extension to take our brand to the largest ‘Non
Resident Gujarati’ (NRG) market. We have set up infrastructure
in the US to handle printing, subscription, distribution, marketing
and ad sales.”
Around
8-16 pages out of the total 70 pages will be localised news from
the US and Canada, with the rest coming from India. With an initial
print run of 15,000 in the first week, Bhattacharya hopes to achieve
a circulation of around 25,000 copies over the next two years. The
magazine will be subscription based as well as sold on newsstands. |
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Business
Standard to sign content sharing deal with TV news channel
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Financial
daily Business Standard is in talks with news channel NDTV to sign
a content sharing deal with its business channel, NDTV Profit.
Confirming the development, Business Standard, President, Akila
Urankar, informed that the dialogue was still not at a stage where
specific details around the relation could be divulged. |
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‘DNA Money’ to be launched
as a stand-alone newspaper
‘DNA Money’, the business supplement of the Mumbai based
English newspaper, ‘DNA’, will now be launched as a
stand-alone newspaper. The publication has decided to test the waters
with an Indore edition from January 17. However, the plan is to
launch the pink daily as a separate newspaper in another 10-12 cities
in the next three months.
Next
Gen Publishing launches UK's 'Computeractive' in India
Next Gen Publishing Ltd (NGPL), a Forbes Group and HDFC Ltd enterprise,
has announced the launch of UK's best selling computer magazine
- 'Computeractive' - in India. The inaugural issue of the magazine
is already on the stands.
Dainik
Bhaskar launches 21st edition from Ujjain
Dainik Bhaskar, the second highest read daily in India, is all set
to strengthen its presence in the Ujjain market. The publication
has planned an edition there, which commences from January 16, 2006.
With this, Dainik Bhaskar becomes 21-edition strong. The group has
28 editions in all, including that of Divya Bhaskar.
Rajasthan
Patrika launches eveninger ‘News Today ‘
Jaipur based Hindi daily Rajasthan Patrika has launched an evening
daily ‘News Today’. This development is quite significant
for the print industry as after making its place in the metros,
eveningers are trying to find its place in other cities.
‘Sportstar’
re-launched in a tabloid format
‘Sportstar’ the popular sports magazine of yesteryears,
published by The Hindu group, has been re-launched with a fresh
new look in a weekly tabloid format.
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The
newsletter - Indian Media Observer - is produced by Chronosphere’s
CEO Bhupesh Trivedi personally.
Chronosphere is based at G-1, Kusum Kunj, Plot No. 66, Sher-e-Punjab Colony,
Andheri (East), Mumbai – 400093, INDIA |
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