Tag: Mid Day

  • MSN India appoints Samir Saraiya as head of business development

    MSN India appoints Samir Saraiya as head of business development

    MUMBAI: MSN India, the leading online destination for Indians across the globe, today announced the appointment of Samir Saraiya as head of business development.

    Saraiya will be reporting to MSN India & Windows Live country head Jaspreet Bindra.
    According to Bindra in an official statement, “The Indian Internet market is flourishing and the growth that MSN India is experiencing reflects that. The appointment of Samir is part of our commitment to strengthen our pool of experience and expertise that MSN customers have come to expect.”

    In this newly created role, Saraiya will be responsible for leveraging the strengths of MSN India and Windows Live to create new opportunities and relationships with businesses in the Indian market.

    He has been with the internet industry for the past several years. The early dotcom wave saw him shifting to Mid-Day where he headed the group’s business development portfolio across its digital assets. He then joined the Indian media conglomerate, The Times of India Group, where he worked with the vice chairman’s office overseeing business strategy across the Group’s media properties, including Indiatimes, The Economic Times and Bombay Times.

    In 2003, he moved to Yahoo! India where he was responsible for creating new revenue streams across both the internet and mobile divisions including launching Yahoo! India’s E-commerce initiative and its mobile adverting products, states the release.

  • Mid Day has been short-listed as a finalist in 71 annual INMA Newspaper Marketing Awards competition

    Mid Day has been short-listed as a finalist in 71 annual INMA Newspaper Marketing Awards competition

    Mumbai, India, February 22, 2006

     

     

    Mid Day is the only Indian newspaper to be short-listed as a finalist in the 71st Annual INMA Newspaper Marketing Awards Competition. It has been shortlisted in the following two categories. Mid Day is short-listed in the Printed Materials: Advertising category for the Sunday Mid Day 25th Anniversary Sales Brochure & in the Newspaper Premiums/Incentives category for Mid Day Diary.

     

    INMA annually recognises excellence in newspaper marketing with the INMA Newspaper Marketing Awards Competition. Now in its 71st year, the competition provides a showcase for the best efforts of professionals in all disciplines of newspaper marketing.

     

    Details

     

    20 categories in the Newspaper Medium in the following circulation categories
    Under 75,000
    75,000-300,000
    Over 300,000
    1045 entries from 164 newspapers in 29 countries entered the 2006 newspaper marketing awards competition.
    131 entries short-listed as finalists in which 2 entries are from Mid Day.
    Winners to be announced on April 6-7 at the INMA World Congress in Chicago, USA.

     

     

    For further information please contact:

    Gulrayz Punjabi – 24197169

  • Radio One kicks off in Bangalore on 1 August

    Radio One kicks off in Bangalore on 1 August

    MUMBAI: The third FM radio station to officially launch in the city of gardens –Bangalore is Radio One FM 94.3 on 1 August.

    Radio One is a Mid-Day Multimedia and BBC Worldwide venture. The radio station will offer a mix of hit Kannada and Hindi music. The entire programming package is designed to celebrate the spirit of young Bangalore with Kannada roots.

    Radio City was the first Fm radio station to launch, but under the Phase I of FM privatization. The Phase II saw the launch of Radio Mirchi.

    “We are very excited with our launch in Bangalore as we believe we are the first private FM station targeted at the majority local population. Given the huge potential gap the latent need of the market we are very confident of a leadership position in Bangalore,” Radio One CEO Rajesh Tahil says.

    “Radio One has been testing its signal in Bangalore for over two weeks now and has already caught the imagination of the city. “We have already started receiving over 1000 responses a day over SMS, email and on the phone. Listeners have welcomed this Hit radio station with a lot of enthusiasm.

    “Radio One has advertisers on-board from the day one of its launch. Clients like Hindustan Levers, Purvankara Builders and Coke reposed great faith in the station on the basis of our product offering and have over 10 clients signed up since launch day.” adds Tahil.

    Early June, Radio Midday Go 92.5 FM underwent a change in its brand identity as well as positioning of the FM channel. From a niche player, Go 92.5 FM entered to a mass player as Radio One.

  • ‘Mid Day’ to launch in Bangalore on its 27th anniversary

    ‘Mid Day’ to launch in Bangalore on its 27th anniversary

    MUMBAI: While Mid Day is celebrating its 27th anniversary with a special issue on 27 June. This year, the anniversary celebrations are doubled as it will also launch in Bangalore on the same day.

    This time, it is not just another anniversary issue that’s coming out. After 27 years of chronicling Mumbai on the move, Mid Day is now on the move as it hits Bangalore as a separate edition.

    An official comminuque states that since Bangalore has a large English-reading middle class, which is out and about during the day and as it also has significant amount of retail advertisers in the market, it makes sense for Mid Day to target Bangalore.

    Mid Day’s Mumbai anniversary is a mega 264 pages issue. It’s the single largest issue in terms of the number of pages that a newspaper has ever done in the country. The anniversary issue has six supplements and each is highlighting fours hours of a day. It will cover Mumbai round the clock at usual places in odd hours and odd places in usual hours, exhibiting the soul of Mumbai.

    Mid Day will also launches its E-paper on the anniversary. www.mid-day.com has gone a whole lot ‘E-sier’ and much more ‘E-xciting’ after undergoing a face lift. The E-paper will be free for the readers.

  • Mid-Day Radio Go 92.5 relaunches as Radio One 92.5

    Mid-Day Radio Go 92.5 relaunches as Radio One 92.5

    MUMBAI: Radio Mid-Day Go 92.5 FM has undergone a change in its brand identity as well as positioning of the FM channel. From a niche player, Go 92.5 FM is set to create a mark as a mass player. Towards that end the station has undergone a name change to Radio One.

    Radio One is a Mid-Day Multimedia and BBC Worldwide venture.

    Earlier this year, BBC Worldwide Holdings B.V. entered into a deal with Mid-Day Multimedia Ltd to invest Rs 318.5 million for a 20 per cent stake in Radio Mid Day West (India) Pvt Ltd.The venture has bagged licenses to operate FM stations in Delhi, Chennai, Bangalore, Kolkata, Ahmedabad and Pune. While the Mumbai station is operational, other metros like Bangalore, Chennai and Delhi will go on air in the next few months.

    Interestingly, one of the radio brands from the BBC Worldwide stable is called BBC Radio 1. BBC Radio Service also runs BBC Radio 2, BBC Radio 3, BBC Radio 4 and BBC Radio Five Live in the UK. 

    BBC Radio 1 specialises in popular music and targets the 16-24 age bracket. It was launched in September 1967.

    “With Radio Mid-Day becoming a national player in seven major metros around the country, it was only natural that we would evolve what we were doing in Mumbai into what is going to be a robust national play,” says Radio Midday CEO Rajesh Tahil.

    “As a single city player, being niche made sense, but a national presence gives us the opportunity to go back to the drawing board and look at opportunities to shed our niche image and broaden our markets, both in terms of audience and revenue,” Tahil adds.

    Commenting on the opportunities that the Phase II licensing allows for the growth of private FM in India Tahil adds, “For both Mid-Day Multimedia and the BBC, being a significant national radio player is of great strategic significance.”

    Radio Mid-Day and operating head of the Mumbai station Radio One Shariq Patel said, “We have tested the new format and have seen a healthy improvement in numbers from our own internal tracking. With FM becoming a truly mass medium, we’re on our way to building a mass brand.”

    The company has also brought about a change in its programming strategy. According to a statement issued today, the change in programming for the Mumbai station will be the first big change in the play-out of the national brand through which Radio Mid-Day aims to become the number one station in the cities it transmits.

    “The new radio station will still have the flavour of Go and the essence of what the brand stood for, which is fun, energy and exuberance reflecting the city of Mumbai. This will all remain though the language and the context changes a little,” says Radio Mid-Day VP programming and brand Vishnu Athreya. “For us, music and Bollywood are an integral part of the programming mix. Hindi music itself has come a long way and the attitude that Abhishek Bachchan reflects in a new Bollywood film or the fact that Himesh Reshammiya queues up playlists at a club shows us the new age of a changing audience.”

    The company is also optimistic about the new format giving a boost to revenues. “As the market share (audience) of the radio station increases, we are certain the share of revenue will increase as well. Already we have seen interests from a wider list of advertisers that may not have considered us a necessity earlier,” Radio Mid-Day VP advertising sales Avinash Pillai, who has recently joined, concludes.

  • Media stocks plunge as Sensex sheds 452 points

    Media stocks plunge as Sensex sheds 452 points

    MUMBAI: Media stocks crashed along with the benchmark Sensex Index which shed 452.80 points to close the day at 10,938. Pulled down by brokers who sold heavily to cover margin requirements and foreign funds to reduce their exposure in the derivatives market, the negative sentiment was also visible in the Nifty Index which ended at 3279, down 109 to previous close.

    The major media scrips which recorded a two figure drop include HTMT, Adlabs, Zee Telefilms, Sun TV Ltd, NDTV, Saregama, TV18, Galaxy Entertainment, Gemini Communications and Navneet Publications.

    HTMT took the deepest plunge, going down by Rs 48.30 to close at Rs Rs.701.75 at the Bombay Stock Exchange (BSE). Sun TV also stood weaker, recording a fall of Rs 38.25 to close at Rs.1192.35. Adlabs went down by Rs 26 to close at Rs 271.45 while NDTV ended the week at Rs 220.00, falling by Rs 21.10. Gemini Communications recorded a drop of Rs 22.8 to touch Rs Rs.433.30.

    TV 18 went down by Rs 19 .35 to close at Rs 636.15, while the Zee TV stock dropped by Rs 15 to end the week at Rs 229.60. Navneet Publications recorded a fall of Rs 15, to close the week at Rs 304.30. The Saregama scrip shed Rs 11.35 to touch Rs 250. Galaxy Entertainment went down by Rs 13.55 to end the week at Rs 268.

    Other important media scrips which saw the red at the week’s close included UTV, BAG Films, Mid Day Multimedia, K Sera Sera, Pritish Nandy Communications and ETC Networks.

    Stock analysts feel the Sensex is undergoing an overall valuation adjustment. “The correction in the valuation of media stocks is in line with the stock market crash which fell around 11 per cent in the week. There is no unusual reason to worry about the media stocks,” says ING Vysya fund manager Manish Bhandari.

    So will the fall continue? “The sensex has already lost heavily. It may further dip by about 3 per cent. But a heavy fall like this is definitely ruled out,” says Bhandari.

    The media scrips which bucked the trend are TV Today Ltd and Balaji Telefilms. Both recorded minimal gains of Rs 1.35 and Rs 0.75 respectively. “Balaji’s strong fourth quarter result has protected the scrip’s fall,” adds Bhandari.