Media Sector

Blackwell to begin three-month trial of the Espresso Book Machine!

Blackwell to begin three-month trial of the Espresso Book Machine! According to the 'Daily Mail' reports, a revolution of sorts appears to be on the cards with regard to bookselling - particularly searching for the exhausting search for those out-of-print, obscure and otherwise long-forgotten books, as well as the out-of-stock novels!

Zee News Q4 net profit dips 43%; Stock loses 6%

Zee NewsSubhash Chandra promoted firm Zee News has registered 42.67 per cent drop in its consolidated net profit for the fourth quarter ended March 31

The company posted net profit worth Rs 8.76 crore against Rs 15.28 crore in the same quarter ended March, 2008.

However, the company’s has cloaked total income worth Rs 138.44 crore during the quarter under review, as against Rs 113.07 crore in the same quarter last fiscal.

For the year ended March 31, the company has posted a consolidated net profit of Rs 44.66 crore, up 20.47 per cent from Rs 37.07 crore in the same period previous fiscal.

Nirmal Bang Issues ‘Buy’ Call On ‘Television Eighteen’ To Achieve Target Price Of Rs 115 to Rs 130

Nirmal Bang Issues ‘Buy’ Call On ‘Television Eighteen’ To Achieve Target Price Of Rs 115 to Rs 130Nirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Television Eighteen with a target price of Rs 115-130.

According to experts at Nirmal Bang, interested traders can buy the stock on dips with a stop loss of Rs 81.

The scrip has very strong support at Rs 100.

Hong Kong poll gives poor marks to news media

Hong Kong poll gives poor marks to news mediaHong Kong - Nearly half of Hong Kong people believe that media in the former British colony practice self-censorship to avoid upsetting China, according to a survey Wednesday.

The Hong Kong University study found that 47 per cent of people interviewed believed that self-censorship was rife in newspapers and magazines in the city of 7 million.

Two-thirds of the more than 1,000 interviewees said they believed the media in Hong Kong misused press freedom and only 30 per cent said they believed local media reporting was responsible.

NDTV Convergence CEO Sanjay Trehan resigns

NDTV Convergence CEO Sanjay Trehan resignsEnding his two-year stint as the founding CEO of NDTV Convergence, Sanjay Trehan resigned from the post on April 13, 2009; to reportedly join a consumer-focused Internet company.

Overseeing NDTV operations since he took over as CEO on 10 March 2007, Trehan was responsible for running the dotcom and mobile assets of the group, including its flagship NDTV. com. During the course of his tenure, Trehan contributed towards building NDTV Convergence, and launching NDTV Active; Tubaah. com; NoGyan. com and NDTVkhabar. com.

Panasonic brings about a change in its creative and media agencies

Panasonic VieraAfter a recent change in the creative and media agencies of the consumer, business and industrial electronic goods bigwig Panasonic, Percept's IBD has been handed over the Viera - LCD and plasma TV range - and Lumix businesses including Limux camera range; while Percept's media agency, Allied Media, has bagged the company's media buying mandate.

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