HT Media’s radio business, Fever 104, has seen a change in its leadership. Harshad Jain takes over from S Keerthivasan, who had been a key part of the leadership team at HT Media. Hitherto, Jain was Senior Vice President & Head - Sales & Marketing for Airtel DTH at Bharti Airtel.
Mint, the business daily from HT Media Ltd, is completing three years on February 1, 2010. The paper has marked out some key focus areas, which include ‘top end readers’, events, and its Saturday magazine, ‘Lounge’. Sandeep Bhushan, COO, Mint, shares about the way ahead for the daily in an exclusive conversation with exchange4media.
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’.