Daily English newspaper Deccan Herald will soon close down its Delhi edition. The last local edition of the southern publication will be printed in the national capital on December 15. Confirming the news to exchange4media, a source stated that the shutting of operations in New Delhi is a business decision.
“The Delhi edition has been on for the last five years. It is not bringing them the financial returns they wanted. Hence, they are closing it down,” the source said.
While the local edition of Deccan Herald will cease, the political bureau in Delhi will continue with its reportage. “The staff members have been given the option to move to Bangalore,” the source added.
More than a dozen English dailies are published from Delhi. On the festive occasion of Dussehra this year, DNA underwent a transformation and joined the list of English dailies to be published from Delhi. However, the presence of a large number of publications hasn’t led to even distribution of revenues and circulation.
The market remains largely oligopolistic. Speaking earlier to exchange4media, Arun Sharma, Senior Vice President at Lodestar indicated that Delhi was witnessing duopoly as far as newspaper business was concerned. “We have seen that besides the top two dailies even the number three daily has found it difficult to compete in this market,” he said in October.
In 2011 when Deccan Herald arrived in Delhi, it proudly informed its readers that the edition was the “seventh for the newspaper” and the “first outside Karnataka”. The Delhi edition is edited by Ashwani Talwar.