The IRS-NRS merger is becoming a long row to hoe; even after a year, it is still said to be in its ‘nascent’ stages. Without a time-frame and deadline, the merger is not expected anytime soon. exchange4media’s attempts to get comments from the members of the IRS-NRS merger task force drew a blank. The members of the task force put together by the NRSC and the MRUC include industry big wigs like Sam Balsara, Ashish Bagga, G Krishnan and Bharat Kapadia.
With price war in the print industry escalating and major newspapers in the market selling for as low Re 1, exchange4media attempts to explore the model of free newspapers and its efficacy in the Indian market. The concept of ‘free newspaper’ dates back to the 1940’s, when a California-based publisher launched its free newspaper called Contra Costa Times. However, the concept is yet to take off in India.
The Media HR Summit 2010, organised by the exchange4media Group, also saw an interesting discussion on ‘When will HR become a welcome and respected member in the Boardroom’. The session was moderated by Jyotirmoy Bose, Founder and CEO, White Spaces Consulting. The panelists included Bhaskar Das, Executive President, Bennett, Coleman and Co; and Rajneesh Singh, Group Head - HR, TV18 India.
The ‘Media HR Summit 2010’, organised by the exchange4media Group in Delhi on July 30 saw discussions on wide-ranging HR related issues. The panel discussion on ‘Distinguishing the “singer from the song” while assessing and rewarding performance’, saw industry experts mulling over the key points in performance appraisals, especially in the media industry.
Raju Sarin has been recently appointed as Business Head, Magazines, at HT Media Ltd. He will be looking after the supplementary magazines such as ‘Brunch’ and ‘Lounge’ (English), and ‘Nandan’ and ‘Kadambini’ (Hindi). Sarin will be reporting to Vivek Gaur, Business Head, North and East, Magazines, HT Media Ltd.
A panel discussion involving eminent personalities like Arun Shourie, Aroon Purie, KVL Narayan Rao, Uday Shankar, Aruna Roy, Raj Nayak, and Prasoon Joshi, threw up several provocative points to ponder regarding paid news. The panel discussion, titled ‘Good News is Paid News: and Credibility is for sale’, was held on the occasion of Ramnath Goenka Excellence in Journalism Awards, organised by The Indian Express Group.
Hindustan Times organised the HT Gurgaon Conclave on July 20, 2010 as part of its ‘Gurgaon First’ initiative. The event was aimed at further strengthening HT’s foothold in the NCR region. The panel boasted of eminent members like Atul Singh, CEO, Coca Cola India; Sanjay Kapoor, CEO, Bharti Airtel Ltd; Raj Jain, President, Walmart India; Raman Roy, Chairman and MD, Quatrro BPO Solutions; Naresh Trehan, Chairman and MD, Medanta - The Medicity; and Rajesh Khullar, Municipal Commissioner of Gurgaon.
Mint, the business daily from HT Media Ltd, has forayed into Ahmedabad with a new edition today, July 13, 2010, exactly a year after the launch of its Chennai edition. With the launch of this edition, Mint will now be available not just in Ahmedabad, but in Baroda, Rajkot, Surat and Gandhinagar as well.
In a bid to further strengthen its presence in the National capital Region, Hindustan Times has launched its Gurgaon edition, which hit the newsstands on July 12 2010. Priced at Rs 3, Hindustan Times’s Gurgaon edition will focus on news and issues of Gurgaon. HT Media Ltd is looking at other NCR zones for expansion in the near future.
Mint, the business daily from the HT Media stable, has launched a new booklet, ‘Mint Money’ on June 30, 2010. The booklet deals with personal finance and will cover one topic of interest each time it is published. However, the frequency is not decided as yet. The topic for the first issue was Mutual Funds.
The first issue of the Orissa edition of The Telegraph hits the newsstands on June 28, 2010. This is the first expansion of The Telegraph in terms of foraying into a new state in a decade. The Orissa edition is priced at Rs 3.50 on weekdays and Rs 5 on Sundays and is expected to help the daily further strengthen its foothold in the eastern region.
The Kolkata High Court on June 18 vacated the interim injunction put on Bloomberg UTV’s ad campaign, which contained Greek words and bore a striking resemblance to the ads for business daily Mint. The interim decision implies that Bloomberg UTV can continue to use Greek words in its ads without any restriction.
The Kolkata High Court on June 16 granted an interim injunction, restraining UTV News Ltd and UTV Global Broadcasting Ltd from continuing with an ad campaign they had come out with recently for business news channel Bloomberg UTV. The petition was filed against the group by HT Media Ltd, which alleged that the ads released by Bloomberg UTV bore a striking resemblance to the ads for its business daily Mint.
The session on ‘Media service brands and media owners: Cross purposes or same team’ at the exchange4media Conclave 2010 saw the panel discuss at length the various issues that have marred the relationship between media owners and media service agencies. Moderated by Ajay Kakar, the session saw Satyajit Sen and Sudha Natrajan representing the media service brands, while the media owners’ side was represented by Maheshwar Peri and Rahul Dev.
The Keynote Address at exchange4media Conclave 2010 on June 9, 2010 in New Delhi was delivered by Tim Love, Vice Chairman, Omnicom Group & CEO, Omnicom APIMA. The session chairperson was G Krishnan, CEO, TV Today. And the topic at hand was – ‘Emerging role of India in the global context: Taking the giant leap from developing to developed nation.’ Tim Love spoke on India in the global context and the role India has to play in the global economy.