Issue No.32
1 December 2006
 
Worldwide Media, the joint venture between BBC Worldwide and the Times Group has plans to launch five magazines by the next financial year. More...
 
   
 The Economist partners with Indian Express for content
 
UK based 'The Economist', has signed an agreement with the Indian Express Group by which 'The Indian Express' and 'The Financial Express' as well their respective website would on a weekly basis carry content from 'The Economist'. More...
 
   
 Haymarket plans to launch its gadget magazine 'Stuff' in India
 
Haymarket, the UK-based publishing company plans to launch 'Stuff' its gadget magazine in the coming year, in India, through Haymarket Sac Publishing India Pvt Ltd, the JV company formed with Sorabjee Automotive Communications (SAC). More...
 
   
 TechTarget forms partnership with Indian Express
 
TechTarget, the IT media company has formed a partnership with The Indian Express Group to publish its IT magazines and websites in India. More...
 
   
 Time Inc. open to licensing and JVs in India
 
Time Inc. Group, Publisher, Micheal Federle said that the company was open to licensing agreement or joint ventures in India. He said this while speaking at the sidelines of the announcement of the 'Fortune Global Forum' event to be held in India in 2007. More...
 
   
 Prabhat Khabar looks for investors to fund its expansion plan
 
Prabhat Khabar, the Hindi daily is looking for investors and would be offloading some its stake in order fund its expansion plans. According K.K. Goenka, Vice-President, Prabhat Khabar, the paper intends to generate around Rs 50-60 crore and is looking at various possible options. More...
 
   
 National Readership Survey Council releases revised readership survey data
 
The revised National Readership Survey (NRS) 2006 data was released by the National Readership Survey Council (NRSC) after the media houses voiced their discontent over the discrepency in the data. More...
 
   
 National Readership Studies Council appoints new chairman
 
The National Readership Studies Council (NRSC) has appointed Kurush Grant, chief executive of ITC Ltd’s tobacco and FMCG division, as its new chairman. More...
 
   
 New Launches :
 
" DNA Money launches Mumbai edition
" Roznama Rashtriya Sahara to bring out its Bangalore edition
" Times Of India launches its Nagpur edition More...
 
 

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 BBC and Times JV plans to launch five magazines
   
 
Worldwide Media, the joint venture between BBC Worldwide and the Times Group has plans to launch five magazines by the next financial year. The JV partners had earlier launched an Indian edition of the automobile magazine ‘Top Gear’.

According Ian Watson, international director, BBC Worldwide, they are planning to launch a range of magazines such as food, interiors, home, women and celebrities.

He also added that they are seriously looking towards localising the content so as to connect with the Indian readers and would appropriately minimise foreign content to suit the Indian reader's taste.

 
 The Economist partners with Indian Express for content

 
 
UK based 'The Economist', has signed an agreement with the Indian Express Group by which 'The Indian Express' and 'The Financial Express' as well their respective website would on a weekly basis carry content from 'The Economist'.

The Economist would be sharing its news analysis, surveys and reports on current happenings from the world over as well as general interest articles specially keeping in mind the Indian readers' need.

The Indian Express Group's chief executive officer, Shekhar Gupta said that with The Express Group known for its fair and fierce independent journalism and 'The Economist', known for its insightful journalism, it was natural for The Express Group to partner with them.

 
 Haymarket plans to launch its gadget magazine 'Stuff' in India

 
Haymarket, the UK-based publishing company plans to launch 'Stuff' its gadget magazine in the coming year, in India, through Haymarket Sac Publishing India Pvt Ltd, the JV company formed with Sorabjee Automotive Communications (SAC).

According to Jim James, Publisher, Haymarket Worldwide, the magazine would have a market in India as the gadgets written about, in the magazine are both sold and are in demand in India as anywhere else in the world.

James further added that Haymarket has plans to launch two other titles through the existing JV under license from the UK business toward the end of next year in 2008.

 
 TechTarget forms partnership with Indian Express

  TechTarget, the IT media company has formed a partnership with The Indian Express Group to publish its IT magazines and websites in India.

TechTarget, through its Indian partner would be launching Indian editions of its quarterlies, 'Storage', 'Information Security' and 'CIO Decision' during the first half of 2007. The magazines would contain local, regional and global IT topics.

The partners would also be launching a website in the year 2007 covering a comprehisive range of topics such as original news, features, industry analysis, market studies, product knowledge specially catering to the IT professionals' need to update themselves with their IT knowlege and capabilities essential for the industry.

 
 Time Inc. open to licensing and JVs in India

 
Time Inc. Group, Publisher, Micheal Federle said that the company was open to licensing agreement or joint ventures in India. He said this while speaking at the sidelines of the announcement of the 'Fortune Global Forum' event to be held in India in 2007.

Micheal said that though the company had been holding talks with certain Indian companies a year back, apprehensions about losing the publication's brand value held them back from committing to any agreement at that period of time.

According to J. S. Malhotra, President, Media Representation International, who holds the marketing rights for the Fortune Group, the Group presently sells around 9,000 copies of Fortune magazine in India.

 
 Prabhat Khabar looks for investors to fund its expansion plan

 
Prabhat Khabar, the Hindi daily is looking for investors and would be offloading some its stake in order fund its expansion plans. According K.K. Goenka, Vice-President, Prabhat Khabar, the paper intends to generate around Rs 50-60 crore and is looking at various possible options.

The company has been holding discussions with a few potential investors in order to find a financial partner.

The enterprise valuation of the company is learnt to be around Rs 100 crore to Rs 120 crore. Companies such as Amar Ujala, Times Of India, Hindustan Times, Dainik Jagran, Dainik Bhaskar and as well as some foreign publishers have expressed their interest in Prabhat Khabar and some of these companies have already put in their financial bids.

Some of Prabhat Khabar's expansion plans include launching more editions from Jharkhand, relaunch two other editions in the state of Patna and Deoghar as well as launch radio stations.

 
 National Readership Survey Council releases revised readership survey data

 
The revised National Readership Survey (NRS) 2006 data was released by the National Readership Survey Council (NRSC) after the media houses voiced their discontent over the discrepency in the data. The revised data did not show any change in the order of the top-dailies but the readership gap between the publications had changed.

After the release of the revised data, data users were invited to discuss their views on the NRS 2006.

Sam Balsara, Chairman, NRSC Technical Committee, said at the meeting that there would be no further revised data released nor would there be too many such meetings. He, however mentioned that there would be a meeting of the council where they would try to incorporate the suggetions so that they would be able to provide more adequate data in the coming years. He futher said that the committee would also ask the Association of Indian Magazines (AIM) for their suggestions on the changes required for better measurement of magazines.

 
 National Readership Studies Council appoints new chairman

 

The National Readership Studies Council (NRSC) has appointed Kurush Grant, chief executive of ITC Ltd’s tobacco and FMCG division, as its new chairman.

Grant presently is the advertiser respresentative of the Audit Bureau of Circulation(ABC) and has been the chairman of ABC as well as the vice-chairman of the Indian Society of Advertisers.

 
 Other New Launches:

 
* DNA Money launches Mumbai edition
'DNA Money' launched its stand-alone Mumbai edition on November 6. The business daily will continue to be a available as a supplement along with the main paper 'DNA' in the Mumbai. After Indore, Ahmedabad and now its Mumbai launch, 'DNA Money' is planning on bringing out its Jaipur edition as well.

* Roznama Rashtriya Sahara to bring out its Bangalore edition
Sahara Group plans to launch its Urdu daily, Roznama Rashtriya Sahara in Bangalore during the first week of December.

Prabhat Dabral, Vice-president, Sahara Samay, said that there is a substantial Urdu readership base in Bangalore which they would like to tap.

* Times Of India launches its Nagpur edition
The Times of India launched its tenth edition from Nagpur on November 15. The daily will offer the best of local, national as well as international news to the discerning minds of a city with rapid economic growth.

* 'Loksatta' plans to launch its Bangalore and Hyderabad edition
The Indian Express Group plans to launch its non-english daily (marathi) 'Loksatta' in the city of Banglore and Hyderabad.

These launches indicate Express Group's ambitious plans to venture beyond Maharashtra, the daily's stronghold.

*Divya Bhaskar launches its Jamnagar edition today
Divya Bhaskar launched its Jamnagar edition today making it Jamnagar's first ever Gujarati morninger.The daily had also launched its Rajkot edtion a month back .

 

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