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Consolidated total revenue of HT Media stands at Rs 636 cr

HT Media has released the un-audited financial results for the quarter and nine months period ended on 31 December 2019. The results show that consolidated total revenue of the newspaper for Q3 FY20 stood at Rs 636 cr, 5 percent down…

Free Press Journal changes masthead to Free Right

On the International Human Rights Day (December 10), Free Press Journal changed its masthead to Free Rights. A source mentioned that the newspaper took the step to draw the nation’s attention to the issues that deserve to be addressed. The…

Deccan Chronicle VP Sanjay Bhatla steps down

After serving for a decade and more, Sanjay Bhatla, Vice President of Deccan Chronicle steps down. He started his career with a small ad company, Adcon in Patna and then moved on to Kelvinator as a sales officer in 1980, followed by many…

Deccan Chronicle closes Bengaluru and Kerala editions

Apart from being non in the way that happened in Europe or America, print media in India is also going through a challenging phase with a decline in readership and ad revenue, which is majorly caused by the digital onslaught. As a result…

The Ken eyes regional expansion with local teams

The Ken, a business news site based out of Bengaluru, is plotting regional expansion with local teams. The company had found product-market fit in India and took the expansion into Southeast Asia. A source from the company said the region…

TAM AdEx reports 8 percent drop in print ad volumes in 2019

In 2019, according to TAM AdEx’s report on ‘Advertising Snapshot on Print’ ad volumes in print witnessed a decline of 8 percent as compared to the previous year. Though in 2018, the drop was 1 percent from the previous year. In this, the…

Google announces grant to promote news literacy in India

In collaboration with the Google News Initiative, Google has announced funding support of $10 million commitment to media literacy in India where ‘fake news’ have gravely affected, which in turn contributed to a rise in hatred and violence,…

COVID-19 not transmitted from print surfaces

According to the world’s top doctors and scientists, there has never been a documented incident whereby the COVID-19 virus has been transmitted from a print newspaper, print magazine, print letter or print package. To debunk a myth that…

ET’s consulting editor Abheek Barman passes away

Abheek Barman, till recently Consulting Editor with Economic Times, passed away. He had held senior editorial positions in the newspaper, The Times of India and ET Now, as also with NDTV Profit. Abheek learned economics at Presidency…

DNA to close Mumbai and Ahmedabad print editions

Daily News and Analysis (DNA) has announced that it will close its print editions in Mumbai and Ahmedabad. In February this year, the English daily, owned by Zee Media Group, shut down its Delhi edition after it shut Pune and Bengaluru…

Net profit of The Express Group stands at Rs 19.2 cr

The Express Group has announced its operating income of Rs 462.6 cr in FY19. According to media reports, the newspaper group garners net profit of Rs 19.2 cr in the period. The profit in the previous fiscal was Rs 33.2 cr. As per the…