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Popular Articles
NDTV Cuts Salaries by 10-20%; 'We Shall Overcome', Says CEO Rao
Breaking: Rediff Loses Another Senior Staffer; Vice President Zaki Ansari Quits
Govt Bans Popular Toon Porn Site Savitabhabhi.com; Mounting Concern Over Censorship
NDTV Launches Video Site, But No Entertainment Content
Web18 CTO Varun Singh Quits, Sets Up Open Source Solutions Company ScalArc Inc.
Fake IPL Blogger Caught: Source
ET Now Hires NDTV Anchor Shaili Chopra
Nokia Growth Partners Invests $10 Million In Web18
Times Global Broadcasting Is Seeking Funding; Asking Valuation: $200 Million
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Nikhil Deogun To Become Managing Editor At CNBC
Explore Article contentSutra.com (Dec 15 2009)
Doon School alumnus Nikhil Deogun will start the new year as the managing editor for business day programming at CNBC, Media Decoder reported. He is currently international editor at The Wall Street Journal. Deogun is among the highest ranking journalists of Indian origin in American journalism and will be a rare Indian top editor on American television. Mumbai-born Hari Sreenivasan was recently in the news for his move to PBS. Deogun was born in Assam, grew up in Calcutta and holds a B.A. from Muskingum College, Ohio, and a masters in journalism from the University of Missouri (via SAJA Forum). (Read Full Article)
Comment on Article Mentions: Cnbc
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Sidharth Bhatia Steps Down As Edit Pages Editor At DNA
Explore Article contentSutra.com (Dec 15 2009)
Sidharth Bhatia, who has helmed the editorial pages of DNA since the daily’s launch in 2005, has stepped down. He confirmed the development. With this, two senior editorial staffers have stepped down at the Mumbai-headquartered daily in as many months. Editor-at-large Ayaz Memon had resigned last month. The daily is widely believed to be going through a shakeup, but CEO K.U. Rao denied anything was unusual. “This is all part of normal attrition,” he said. Bhatia has worked as a journalist for 33 years, starting as a reporter at the Free Press Journal in 1976. He has worked in senior ... (Read Full Article)
Comment on Article Mentions: K.U. Rao Bhatia Star TV
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Rediff Relaunches Blog Platform; Now Supports Nine Indian Languages
Explore Article contentSutra.com (Dec 14 2009)
Rediff.com (NSDQ: REDF) has done away with its ‘iLand’ branded blogging platform and has launched an improved service that it simply calls Rediff Blogs. The new service has added some social features and is more customizable than the previous edition. There’s also the hook that blog posts might be featured alongside related Rediff content such as news. (Read Full Article)
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Tempered Response To DB Corp IPO; Subscribed 0.62 Times On Day One
Explore Article contentSutra.com (Dec 11 2009)
DB Corp., publisher of Dainik Bhaskar and Divya Bhaskar, and joint venture partner in DNA, opened its initial public issue of shares and was subscribed 0.62 times on day one. The price band of the issue is Rs185-212. Competitor Jagran Prakashan is trading at Rs125.40. The company plans to raise Rs381.85 crore from this issue, according to Moneycontrol.com. The company has received commitment worth Rs69.35 crore from anchor investors on Thursday, the financial portal reported. Nine anchor investors have subscribed to 32,71,500 equity shares at Rs212 per equity share. The total issue is of 18,175,000 equity shares. (Read Full Article)
Comment on Article Mentions: DB Corp. Dainik Bhaskar Divya Bhaskar
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News Roundup: Peter Bhatia Named Editor At The Oregonian; Terror Threat To Tech Firms; HCL-News Corp
Explore Article contentSutra.com (Dec 9 2009)
Peter Bhatia, executive editor at The Oregonian, will succeed Sandra Mims Rowe as editor at the 159-year old publication. Rowe announced yesterday that she will be leaving the paper at the end of this year. Rowe has been editor since 1993. Bhatia, who has been a journalist for more than 30 years, is among the highest ranking journalists of Indian origin at American publications, alongside WashPost managing editor Raju Narisetti, WSJ international editor Nik Deogun and LA Times managing editor Davan Maharaj. (Read Full Article)
Comment on Article Mentions: WSJ Raju Narisetti Bhatia
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Former Bloomberg Utv Ceo Arun Anant Sets Up Consulting Firm
Explore Article contentSutra.com (Dec 9 2009) Outsourcing
Arun Anant, former CEO at Bloomberg UTV (then UTVi), has set up management consulting firm Inc Value together with five partners. “We will be advising promoters and private equity companies post investment,” Anant said. The company will work in verticals such as Banking and financial services, ITES and BPO, IT products and services, media and entertainment, real estate and infrastructure and brand consultancy. The partners include Kaushik Mazumdar, a former director at General Atlantic; Raj Raman, former CEO at Bollywood Corp.; Kusal Roy, a former MD at Barclays Bank and C.S. Prasad Subramanian, former CTO (banking and financial services vertical) ... (Read Full Article)
Comment on Article Mentions: Bloomberg UTV General Atlantic Arun Anant
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NDTV Networks: Our Coverage In Links
Explore Article contentSutra.com (Dec 8 2009) Acquisition
Here is a compilation of links that comprised our coverage of the restructuring of NDTV Networks that played out over several months. The cash burn by the general entertainment channel was becoming too much to bear for the parent company and NBCU shut the tap on funding (and also had to deal with its own merger). NDTV Networks bought out NBCU, then inked a Lifestyle deal with Scripps from which it got cash and an excellent valuation for what is essentially a one-channel business, paid back bond holders under favourable terms and now sold the entertainment channel to Turner. It ...
(Read Full Article)
Comment on Article Mentions: NBC Prannoy Roy Vikram Chandra
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Time Warner Unit Will Acquire 92% Stake In NDTV Imagine; NDTV To Exit Fully
Explore Article contentSutra.com (Dec 8 2009) Acquisition
Turner Asia, a unit of Time Warner (NYSE: TWX), today said it has agreed in principle to acquire a 92% stake in general entertainment channel NDTV Imagine. Turner will buy a 76% stake from NDTV Networks Plc. for $67 million and will also invest $50 million in the business against a fresh issue of shares. We reported in October that Time Warner was close to acquiring about a 90% stake in NDTV Imagine.
(Read Full Article)
Comment on Article Mentions: NDTV Networks Plc. NDTV Group Vikram Chandra
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Reliance Mediaworks Partners With In-Three For 3D Conversion Facility
Explore Article contentSutra.com (Dec 7 2009) Acquisition
Reliance Mediaworks (formerly Adlabs) today said it has partnered with Los Angeles-based In-Three Inc. to set up the world’s largest 2D to 3D conversion facility in India. The project will start in February 2010. The facility will use In-Three’s proprietary technology called Dimensionalization for the conversion. The partnership can handle 15-20 feature films in a year, the companies said in a year. In May, Adlabs said it was setting up a major media outsourcing facility and will employ 1,200 people within a year. Reliance Mediaworks is part of the Reliance Anil Dhirubhai Ambani Group, which, through a unit, acquired 50% ... (Read Full Article)
Comment on Article Mentions: Reliance MediaWorks Reliance ADAG
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Rediff Loses Director Who Was Executing Its Minimalist Shift; Salil Chandrashekar Resigns
Explore Article contentSutra.com (Dec 7 2009)
The latest in a series of high-level exits from Nasdaq-listed Rediff.com (NSDQ: REDF) is Salil Chandrashekar, director for product development. He confirmed the development, but declined to say where he was headed. The timing of the move is likely to pinch Rediff as Chandrashekar has been heading the execution of the portal’s minimalist approach. The shift, the brainchild of founder and chairman Ajit Balakrishnan, has met with mixed reactions from users and (by design) lower home page revenues. (Read Full Article)
Comment on Article Mentions: UTV New Media Zaki Ansari Yahoo
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Sunil Lulla Named Ceo & MD At Times Global Broadcasting; Chintamani Rao Is Vice Chairman
Explore Article contentSutra.com (Dec 3 2009)
Sunil Lulla, who stepped down as group CEO at Alva Brothers Entertainment, will join Times Global Broadcasting Co. Pvt. Ltd as CEO and MD. TGBCL broadcasts Times Now and ET Now. This will be Lulla’s second stint as CEO at Bennett, Coleman’s broadcasting subsidiary, where he worked for two years prior to joining Alva Brothers. TGBCL CEO Chintamani Rao has been named vice chairman. Rao, who is currently based in Mumbai, will move to New Delhi and also handle responsibilities in the group’s Private Treaties business, BCCL MD Vineet Jain said in an internal memo. Lulla will report to Jain. ... (Read Full Article)
Comment on Article Mentions: Sunil Lulla Lulla Alva Brothers Entertainment
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Why Mint Founding Editor Raju Narisetti Left India Earlier Than Planned
Explore Article contentSutra.com (Dec 2 2009)
The answer (from this NYT story): due to a “troubling nexus” of business, politics and publishing that proved to be “draining on body and soul”. Raju Narisetti came to India in 2006 to set up a business newspaper for HT Media, leaving The Wall Street Journal, where he worked for 13 years and rose to become deputy managing editor. Mint was launched in February 2007 and won acclaim for the quality of its journalism. The latest round of the Indian Readership Survey said Mint was the country’s second-largest business paper after The Economic Times. (Disclosure: I worked at Mint for ... (Read Full Article)
Comment on Article Mentions: Rajiv Verma Forbes India New York Times
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Real CEO Sunil Lulla Steps Down
Explore Article contentSutra.com (Dec 2 2009)
Veteran media executive Sunil Lulla, group CEO at Alva Brothers Entertainment, has stepped down. He confirmed the development. Lulla joined the company as a director in February 2008 and also sat on the boards of group companies Miditech and Real Global Broadcasting. He set up Real under a joint venture with Turner Broadcasting. The channel launched in March 2009 as a general entertainment channel with a special focus on reality shows. It never really took off, however, and in September, Turner and Alva Brothers said the companies were “reassessing” their plans for the channel. Operations have been significantly downsized. With ... (Read Full Article)
Comment on Article Mentions: MTV Times Global Broadcasting Turner Broadcasting
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News Roundup: Star CEO Uday Shankar On Pay TV Leakages; Sainath On 'Paid News'
Explore Article contentSutra.com (Nov 30 2009) Acquisition
While the grouse is not new, it’s not everyday that a CEO of a large network lashes out against the powerful cable operators. Star India CEO Uday Shankar, also a former journalist and editor, has lashed out against cable operators, saying their underdeclaration of revenues is crippling the Pay TV business. Shankar said cable operators were underdeclaring revenues by as much as 90%.
(Read Full Article)
Comment on Article Mentions: Star India Uday Shankar
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How Your Favourite Newspapers And Magazines Fared In The Readership Survey
Explore Article contentSutra.com (Nov 25 2009)
The results of the latest round of Indian Readership Survey is out and here’s a compilation of how some of the most popular English newspapers and magazines fared. All figures in this story are all-India average issue readership. Of the 25 English newspapers covered by this round, 12 registered an increase in readership, three remained static, nine registered a drop and one could not be compared as it wasn’t covered during the previous round. (Read Full Article)
Comment on Article Mentions: Hindu Business Line Hindustan Times Indian Express
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Pakistan's Daily Times Editor Najam Sethi And Senior Staffers Quit: Report
Explore Article contentSutra.com (Nov 24 2009)
Prominent Pakistani journalist Najam Sethi, winner of the World Association of Newspapers’ 2009 Golden Pen Award, has resigned from the editorship of Daily Times and the paper’s sister publication in Urdu, Daily AajKal, according to the Cafe Pyala blog. The blog quotes a mail from Sethi, in which he says he has resigned as the editor of the paper and as a director of the company, while four senior colleagues has also left with him, owing to serious differences with the management. Sethi was jailed in 1999 by the Nawas Sharif government. (Read Full Article)
Comment on Article Mentions: World Association of Newspapers Sudhir Sethi
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Sun TV Network Raises Ad Rates By 9-33%
Explore Article contentSutra.com (Nov 24 2009)
Sun TV Network Ltd today said it was raising ad rates on its flagship Tamil channel by 9-33% w.e.f 1 January 2010. It has also raised ad rates and broadcast fee (received from content creators who essentially lease air time) across all of the company’s Tamil channels. Revised ad rates for the company’s entertainment channels in other south Indian languages will be announced soon. Sun TV is the dominant broadcaster in South India, with properties in all four states. (Read Full Article)
Comment on Article Mentions: Sun TV Network Ltd
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Bloomberg Utv Ceo Shantonu Aditya Stepping Down; MK Anand To Take Over Additional Charge
Explore Article contentSutra.com (Nov 24 2009)
Shantonu Aditya, CEO of Bloomberg UTV (formerly UTVi), is stepping down, a person familiar with the development said. This is said to be Aditya’s last week at the company. Aditya joined UTV Broadcasting as executive director in April 2007. He oversaw four channels—Bindass, Bindass Movies, UTV Movies and World Movies. In June 2008, when Arun Anant quit as the CEO of UTVi, Aditya took on additional responsibilities as the CEO of the business news channel. (Read Full Article)
Comment on Article Mentions: Entertainment Television UTV Bloomberg UTV
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New In Rajya Sabha: Journalist H.K. Dua, Ananda Bazar Patrika Chairman Ashok Ganguly
Explore Article contentSutra.com (Nov 23 2009)
President Pratibha Patil last week nominated senior journalist H.K. Dua and former Hindustan Unilever chairman Ashok Ganguly to the Rajya Sabha, the upper house of India’s Parliament. Ganguly is also the chairman of ABP Ltd, the Kolkata-headquartered company that owns Ananda Bazar Patrika and Star News, among other media properties. (Read Full Article)
Comment on Article Mentions: Parliament Hindustan Unilever Star News
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Dish TV Raises $100 Million From PE Firm Apollo Management
Explore Article contentSutra.com (Nov 23 2009)
Direct-to-home service provider Dish TV Ltd today said it is raising $100 million through an issue of global depository receipts, or GDRs, to US-based private equity firm Apollo Management. The company will issue 117,035 GDRs of $854.5 each. Each GDR represents 1,000 underlying equity shares. Post the issue, Apollo will own 11% of the expanded capital of Dish TV, which is India’s leading DTH service provider. The Dish TV scrip closed at Rs40.65 on Monday, up 0.74% from its previous close. The benchmark Sensex closed marginally up. (Read Full Article)
Comment on Article Mentions: DTH GDR
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Sabina Solomon, Head Of The Agency Behind Indian Readership Survey, Quits
Explore Article contentSutra.com (Nov 23 2009)
Sabina Solomon, head of Media Research Users Council, the agency that carries out the important Indian Readership Survey, has resigned. Soloman confirmed the development. “Yes, I have resigned, but I will be here till January to ensure a smooth transition,” she said. (Read Full Article)
Comment on Article Mentions: Indian Express Sabina Solomon Ogilvy & Mather
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Breaking: Irs 2009 Round 2: Dailies Continue To Grow, Periodicals Decline
Explore Article contentSutra.com (Nov 22 2009)
After a rather long delay, the much awaited Indian Readership Survey Round 2 data is getting released today. Thanks to a kind source, we are able to bring the data to contentSutra readers a few hours in advance. For readers unfamiliar with this biannual circus, the data released twice a year by the Mumbai-based Media Research Users Council decides the fortunes of the print industry as well as individual publishers and crores of rupees worth advertising is swung one way or the other based on these numbers.
(Read Full Article)
Comment on Article Mentions: Hindustan Times Media Research Users Council Times of India Group
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TV18 Undertakes Major Restructuring; About 200 Staffers To Get Laid Off
Explore Article contentSutra.com (Nov 20 2009) Acquisition
Television Eighteen is laying off 12% of its permanent staffers (about 200 people, according to a company source) as part of a major restructuring exercise which will see the operations of the company’s Hindi and English business news channels getting merged. In a statement to the Bombay Stock Exchange, the company said it was merging “overlapping and common operations at the back-end” of CNBC TV18 and CNBC Awaaz. Both channels will continue to maintain separate identities, the company said. CNBC TV18 is the market leader in the English business news space.
(Read Full Article)
Comment on Article Mentions: Network18 Bombay Stock Exchange CNBC Awaaz
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'This Partnership Will Help Us Grow In The Lifestyle Space': NDTV Networks' Vikram Chandra
Explore Article contentSutra.com (Nov 19 2009)
NDTV Networks CEO Vikram Chandra, also a key anchor for the group’s news channels, spoke to contentSutra from New York shortly after his company’s strategic partnership with Scripps was announced. Excerpts: Congrats on the deal. What next for the company? Thanks. This is a very exciting partnership for us. Scripps is the world leader in lifestyle programming and they have many successful properties. NDTV is the leader in this space in India and with this partnership, I think we should be able to do accelerate our growth in this genre.
(Read Full Article)
Comment on Article Mentions: Vikram Chandra NDTV Networks Scripps
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Scripps Networks Acquires 69 Percent Stake In NDTV Lifestyle For $55 Million
Explore Article contentSutra.com (Nov 19 2009) Acquisition
Indian broadcaster NDTV Ltd and US-based Scripps Network Interactive today said they were forming a strategic alliance in the lifestyle broadcasting space in India. As part of the deal, Scripps will acquire 69 percent stake in NDTV Lifestyle Ltd, with the NDTV Group retaining the rest. Scripps will pay $55 million for the holding, which values the one-channel company at $79 million. The company currently broadcasts lifestyle channel NDTV Goodtimes. The companies propose to launch more channels under the joint venture, they said in a statement. We reported in September that Scripps and NDTV were in talks for a strategic ...
(Read Full Article)
Comment on Article Mentions: Scripps NDTV Lifestyle Ltd NDTV Ltd.







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ABSOLUTELY CORRECT, YHE SOONER YOU GET RID OFTHIS DIRTY TRASH THE BETTER
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