Top Story

e4m_logo.png

Home >> Media – Print >> Article

Print players await response from W Bengal govt on outstanding advtg dues

01-August-2014
Font Size   16
Print players await response from W Bengal govt on outstanding advtg dues

In a recent press statement made by V. Shankaran, Secretary General, INS, the Society advised its members to be careful about publishing any advertisements from the Government of West Bengal.

The statement said that The Indian Newspaper Society has advised its members to exercise extreme caution in accepting advertisements from the Government of West Bengal.  The Society’s Executive Committee at its meeting in Kolkata expressed deep concern and anguish at the non-payment of advertisement bills of selected member publications for several years.  This has caused severe financial distress to these newspapers as the media industry passes through a very difficult period.
 
The Society urged the Chief Minister to clear dues of its members without further delay.

ABP group is one of the largest media houses in West Bengal and ABP’s CEO and MD, D D Purkayastha said, “It is true and we won’t carry advertisements from the government.”

When asked about the impact on the industry given the fact government ad spends are always high, he said, “The amount that is due to each player is very substantial.”

The committee has given West Bengal government one month’s time to respond to their notice.

The Society also expressed dismay at the reported stand of the Government to not clear dues of its predecessor dispensation and said this was a negation of constitutional principles.

The Statesman is one of the oldest newspapers in the city which carries government advertisement on a regular basis. One of the senior managers of the organisation on the condition of anonymity said, “I can’t share the figures but the amount due is very high, we have stopped advertising from government if it comes directly but there are no issues if the ads are coming via agencies.”

He also informed exchange4media that the newspaper is especially not carrying ads from the Information and Cultural department of the government.
 

Tags INS D D Purkayastha The Statesman ABP

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In an exclusive data shared with e4m, Pan Masala/Zarda/Gutkha had the highest jump of 185 per cent in terms of ad volumes in the first 14 matches

Bose, who has a career spanning over two decades, was DNA’s Editor-in-Chief. He has previously been associated with the India Today Group

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compe...