Editorial Consultant, Impact
Viacom18, which operates MTV, Nickelodeon, Vh1 and Colors channels, has reported a net profit of Rs 56.3 million in Q3 FY10, as compared to a loss of Rs 416.28 million in the previous quarter. Colors reported a 41 per cent growth in advertising revenues as compared to the previous quarter, taking the total income of Viacom18 to Rs 2.66 billion from Rs 2 billion in the September quarter.
Zee News Ltd has reported a net profit of Rs 191 million in Q3 of FY10, as against Rs 151 million in the corresponding period of last fiscal. A 25.6 per cent increase in advertising revenue at Rs 1,402 million and an 18.8 per cent increase in subscription revenues at Rs 280.6 million, led to an increase of 19.3 per cent in Zee News’ total operating revenues, taking it to Rs 1,706 million.
DishTV has reported a loss of Rs 762 million in Q3 FY10, as compared to a loss of Rs 561 million in Q2 of this fiscal. However, revenues of the company increased by 8 per cent to Rs 2,786 million in Q3, as compared to Rs 2,579 in Q2 of this fiscal. Out of its DTH revenues, Rs 2,140 million came from subscriptions.
ZEEL has reported a net profit of Rs 1,464 million for the third quarter ending December 31, 2009, a 74 per cent increase as compared to Rs 839 million in Q3 FY209. Meanwhile, the company’s Board of Directors has also approved the proposal to acquire additional 45 per cent stake in its subsidiary, Taj TV Ltd Mauritius and additional 50 per cent stake in its subsidiary, Taj Television (India) Pvt Ltd, from Bukhatir Group for $44.145 million.
HT Media more than doubled its net profit in the third quarter ended December 31, 2009 to Rs 184.2 million from Rs 78.2 million in Q3 FY09 due to sharp increase in circulation and advertising revenues. The company has demerged its Hindi business that includes daily ‘Hindustan’, magazines ‘Nandan’ and Kadambini’ during the quarter for Rs 1.4 billion and has temporarily shut down the loss making JV with BCCL, ‘Metro Now’.
DB Corp, publisher of Hindi daily Dainik Bhaskar, closed the first day of trading at Rs 265.90, a premium of 25.42 per cent over its issue price of Rs 212. The share touched an intra-day high of Rs 274 on both BSE and NSE. Market analysts have given the scrip two thumbs up and expect more from it.
Although Zoozoos dominated the Effie Awards 2009, the Grand Effie and the Yahoo! Big Chair Awards were bagged by JWT for its work for Bennett, Coleman & Co. The ‘Teach India’ campaign won the Grand Effie as the best integrated advertising campaign of the year. The client-agency team also won the Yahoo! Big Idea Chair Award for using digital media as an important part of their integrated campaign. <br> <a href=http://www.exchange4media.com/e4m/news/fullstory.asp?news_id=36762§ion_id=1&pict=2&tag=1870 target=_blank><b>Effie Awards celebrates excellence in effective advertising with panache</b></a>
Recession has seen the newspaper industry trim its flab in terms of the number of pages and, of course, the staff. At the World Editor’s Forum 2009, the issue was discussed and debated in the session ‘Shrinking newsroom: Is editorial outsourcing the solution?’. The panelists included Arun Jethmalani, Tony Joseph, John Spencer, and Stella Dawson. Peru’s Alejandro Miro Quesada was the session moderator.
The second panel discussion at the World Editor’s Forum was quite intriguing – ‘More women editors-in-chief = more readers?’ The session started out with views from each panellists about the journalism scenario in their country and the situation of women journalists. However, the discussions also brought in perspectives of the ‘choice’ of women for taking or not taking up the post and also their courage to bring in remarkable changes in the editorial set-up.
The panel discussion on ‘Is investigative journalism giving up on newspapers?’ on the concluding day of the World Newspaper Congress was invigorating and thought-provoking. The panellists included Nick Davies of The Guardian, India Today Group’s Aroon Purie, Arne Jensen of Association of Norwegian Editors, and Tehelka’s Shoma Chaudhury. The session was moderated by George Brock, Professor & Head of Journalism, City University, UK.
While a lot was discussed about the threat of online media to the print industry, the session on ‘The power of print’ at the 62nd World Newspaper Congress took a fresh look at the business that still makes money, remains credible and effective, and is still hugely popular.
Day 3 of the ongoing World News Paper Congress and World Editors Forum in Hyderabad was jam packed with several interesting sessions. The session on ‘Newspapers: A Multi-Media, Growth Business’ saw a few changes in terms of panelists, nevertheless gave some insights on newspapers from three different parts of the world and how they have embraced technology to expand growth.
The formal opening ceremony of the 62nd World Newspaper Congress and the 16th World Editors Forum (WEF) and Info Services Expo 2009 was held in Hyderabad on December 1, 2009 in the presence of President of India Pratibha Devi Singh Patil at the HICC Convention Centre. Also on the occasion, Najam Sethi, Editor-in-Chief, Friday Times and Daily Times, Pakistan, was presented with the Golden Pen Award.
The 62nd World Newspaper Congress got underway in Hyderabad on November 30, 2009. The annual event, organised by the World Association of Newspapers and News Publishers (the merged WAN-IFRA), is being held in India for the first time. The first session of the Congress began with an exciting and stimulating discussion on issues concerning free press around the globe.
Media agencies are going through a rough time because of the pricing issues and financial pressure. In a conversation with exchange4media, David Klien, Publishing and Editorial Director, Advertising Age, said that in this challenging environment, media agencies in India should get marketers to spend more on advertising.
If one were to write a paper on the current media, advertising and marketing scenario, and possible solutions for future, sitting through a session of the <b>impact</b> One-on-One with Advertising Age’s Publishing and Editorial Director David Klein and Madison World’s Chairman and MD Sam Balsara would suffice. From treating agencies as vendors to media agencies turning creative to the issues of media company locking or unlocking editorial content on the web, the session covered it all.
Mark Patterson, CEO, GroupM APAC, enthralled the distinguished gathering at the exchange4media Conclave 2009 that was held in Mumbai on June 3 with his keen observations of the Indian market. The day-long Conclave was presented by Star News and powered by Hindustan Times. Yuva was the associate sponsor for the event.
The television viewership data of IRS 2009 R1 shows a decline in viewership of the national network DD1, while viewership of every other private channel see growth. However the national network stood way ahead of the next in line, Star Plus, which saw a rise of 5.07 per cent with 84.339 million viewers.
Zee Entertainment Enterprise Ltd has put Zee Next, its second Hindi general entertainment channel, on suspension mode. “Zee Next was incurring some losses and we have now put the channel on suspension mode. No additional investments will be made in the channel,” said Subhash Chandra, Chairman, ZEEL, while speaking to analysts after the announcement of the company’s annual and quarterly results on April 22, 2009.