News media takes a beating from the economy, advertisers and the rupee. To stay afloat, publishers are reacting by folding up businesses and axing staff.
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All three were just about a billion dollars in revenues (we are talking of a dollar that has been battering the rupee).
Indrajit Gupta believes the edit team was forced out because it had become more vocal in demanding ESOPs that were expressly promised in their appointment letters in 2008.
The growth of Indian newspapers continues to startle.
As group CEO, Sudhanshu Vats' job is to steer the television (Colors, Nick, Sonic, MTV, etc) and film businesses of Viacom18 Media.
According to Paris-based RECMA, GroupM controls over 40 per cent of the Rs 30,000 crore (Rs 300 billion) that marketers spent on print, TV, and other mass media and below-the-line activities, in India.
An inside look into the yet-to-open Adlabs Imagica, the country's biggest theme park.
Sustained exposure to global cinema helps the extraordinarily successful director push the envelope in a conservative Indian film industry.
The upward climb of Network18 and Sony, and the phenomenal growth rates of language newspaper groups are among the other highlights of Business Standard's listing of India's largest media groups.
It may be long overdue, but consolidation in the media sector will happen very slowly and painfully.
It does three things kick-starts big-ticket consolidation, gets another serious industrial house into media and raises a clarion call for an independent (of the government) media regulator.
Facebook, the world's biggest social networking website, is attempting to become the one-stop media hub for its 750 million users.
Country needs a regulator that will create a policy framework for the $17 billion business of media and entertainment in India.
Six major chains are still struggling with the basics of the business: scaling up and improving revenue share.
The online audience will attract only a fraction of the ad rates the one on television gets.
EBS Worldwide will close 2010-11 with revenues of Rs 64 crore (Rs 640 million), within seven years of entering this business, is interesting.
"I loved working with the Japanese, they are a good bunch. The difficulty is when you don't know them."
The 76-page "Review of Existing Television Rating System in India" tries very hard to justify why a committee was formed to examine the currency an industry uses to buy and sell advertising time.
Operating margins (Ebitda) for the Indian television sector have fallen from 25 per cent to 13 per cent over the past four years, says a report released by Media Partners Asia.
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