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| Type | Private |
|---|---|
| Founded |  Mumbai, India (1838) |
| Headquarters | New Delhi |
| Key people | Indu Jain (Chairman) Samir Jain Vineet Jain (MD) A. P. Parigi (CEO) |
| Industry | Broadcasting, Publishing, Media, Internet, Entertainment |
| Products | Films, Television, Magazines, Newspapers, Books, Websites |
| Revenue | ▲$700 million USD (Aug 2007) |
| Employees | 7,000 (2007) |
The Times Group is the largest media services conglomerate in India [1]. It is headed by brothers Samir and Vineet Jain. It reaches out from:
- 11 publishing centers [2]
- 15 printing centers [2]
- 55 sales offices
- Over 7000 employees
- 5 dailies [2] including two of the largest in the country with approx 4.3 million copies circulated daily
- 2 lead magazines [2]
- 29 niche magazines
- Reaching 2468 cities and towns [2]
- 32 Radio Stations [1]
- 2 Television News Channels[1]
- 1 Television Life Style Channel[2]
- Turnover in excess of USD 700 million
Contents |
Brands
Its major brands include:
- The Times of India, World's largest English-language broadsheet daily newspaper in terms of circulation[3]
- The Economic Times, India's largest financial daily, and the world's second largest in terms of circulation after The Wall Street Journal
- Maharashtra Times, India's largest Marathi daily
- Navbharat Times, the largest Hindi Daily in Delhi and Mumbai
- Mumbai Mirror India's largest circulated compact newspaper
- Kolkata Mirror, a city specific online portal
- Ahmedabad Mirror
- Pune Mirror
- Bangalore Mirror, Bangalore's first morning compact daily
- The Times of India - Kannada
- Times Private Treaties, Partnering Ideas. Accelerating Growth.
Subsidiaries
Its subsidiary companies include:
ENIL & TIML
Times Infotainment Media Limited & Entertainment Network India Limited that together control
- Radio Mirchi National network of Private FM stations
- 360 Degrees Events
- Times Outoors Outdoors
- Mirchi Movies Limited Filmed Entertainment. Producers of BEING CYRUS, VELLITHERAI, MANJADIKURU
TIL
Times Internet Limited which has
- Indiatimes portal
- Times of Money - an online payments portal specializing in remitting money to India and other parts of the world
Times Global Broadcasting Limited
This was a Joint Venture with Reuters. No longer a joint venture as Reuters has exited.
- Times Now A general interest news Channel
- ET Now A business news channel
- Zoom A 24x7 Bollywood entertainment and gossip channel
A new business channel which is the broadcast version of Economic Times will be launched early in 2009.
Times Business Solutions
- TBSL, corporate website of TBSL.
- Times Jobs, a jobs portal [4]
- SimplyMarry, a matrimonial portal [4]
- Magic Bricks, a real estate portal [4]
- Yolist, free classifieds portal [4]
- Ads2Book, online classifieds booking system for print publications [4]
- PeerPower, a Senior-Level professional networking portal [4]
World Wide Media
World Wide Media - A magazine joint venture between BCCL and BBC magazines
- Filmfare
- Filmfare Awards
- Femina
- Femina Miss India A Beauty Paegent
- Top Gear India
- Hello
- BBC Good Homes
- Femina Hindi
- Grazia
- What to Wear
VPL
- VPL, Bangalore Publisher of Vijay Karnataka
Times Private Treaties
Times Private Treaties is a barter program in which Advertisement space is bartered for equity stakes in new and established companies.
TIML Radio Limited
TIML Radio Limited which purchased Virgin Radio (and renamed to Absolute Radio) in the United Kingdom[5]. This company is a direct subsidiary of BCCL (not through TIML or ENIL) [6].
Times Syndication Service
The syndication division of The Times of India Group, [7], grants reprint rights for text, images, cartoons/illustrations, audio/video and microfilms drawn primarily from Times Group publications. Times Syndication Service
A brief history of The Times
1838: The first edition appears on November 3, 1838, known as The Bombay Times and Journal of Commerce. The newspaper is published twice a week under editor J.E. Brennan. It is basically a city paper reflecting the interest of Bombay's business community.[8]
1846-1857: The newspaper changes hands and George Buist, LL.D, F.R.S., becomes the editor of the Times from 1840-57. (Source: The Journal of the Royal Geographic Society of London, Volume 21 By Royal Geographical Society of Great Britain.)
1850: Shareholders decide to increase the share capital and the paper is converted into a daily. [9]
1859: Bombay Standard and Chronicle of Western India merges into The Bombay Times and Journal of Commerce to form Bombay Times & Standard [10]
1861: Editor Robert Knight amalgamates The Bombay Times & Standard and Bombay Telegraph & Courier to form The Times of India and gives it a national character. [8]
1880: The Times of India Weekly Edition is launched. This was later called The Times of India Illustrated Weekly and finally as The Illustrated Weekly of India in 1923. [11]
1890: Editor Henry Curwen buys The Times of India in partnership with Charles Kane.
1892: Following the death of Henry Curwen, T. J. Bennett becomes the editor and enters into a partnership with F.M. Coleman to form a joint stock company - Bennett, Coleman & Co. Ltd. (BCCL).
1907: In the newspaper's first price war under editor Stanley Reed, the price is cut from 4 annas to 1 anna, and circulation rises 5 times.
1946: For the first time, the paper transfers to Indian ownership. Ram Kishan Dalmia buys out Bennett, Coleman & Co. Ltd for Rs. 2 crores. Partly, the takeover is funded by illegal money transfers from other companies, and Ram Kishan was imprisoned after the matter was raised in parliament by Feroze Gandhi in 1955.
1948: Sahu Jain Group become the owners of the company after Dalmia sells the firm to recover 2.5 crores he needs to pay back to an insurance company. Shanti Prasad Jain, son-in-law of Ram Kishan Dalmia, becomes the first chairman of the group.
1950: Delhi edition is launched with K. Gopalswami as the first Indian editor.
1952: Filmfare launched and started by J.C Jain, the first Indian to be the GM of TOI. [8]
1960: Sahu Ramesh Chandra Jain joins BCCL
1961: The Economic Times is launched.
1984: Samir Jain and Vineet Jain join BCCL.
1987: Printing of The Times of India from Kandivili Press.
1990: The Times School of Marketing is established as an in-house training school to feed the group
1991: BBC features The Times of India among the world's six great newspapers.
1993: BCCL starts production of television software.
1996: The Times of India crosses 1 million mark in circulation.
1998: BCCL enters into music market with Times Music.
1999: Indiatimes webportal launched; BCCL enters music retailing business with Planet M.
2000: The Times of India crosses the 2 million mark in circulation.
2000: Timesofmoney - JV with Citibank.
2001: Radio Mirchi - Nationwide Private FM Broadcasting. [12]
2001: 360 Degrees - Event Management Arm launched.
2002: Times Outdoor - Outdoor Advertising & Billboard Marketing.
2003: Times Classifieds - Classifieds site catering to web audiences, the group publications and also publications from other countries like Sri Lanka.
2004:
- Launch of the Times Private Treaties - The Innovative Branding Solution from The Times Group stable.[4]
- Launch of the Jobs portal Times Jobs. [4]
- Television Business launched with the launch of a lifestyle and entertainment channel called z00m[8].
2005: Launch of a Matrimonials website TimesMatri[4]
2006:
- Launch of a television News Channel called Times Now in collaboration with Reuters.
- Radio Mirchi holding company ENIL (Entertainment Network India Limited) lists on the Indian stock markets. It is the first Times Group company to List on the bourses.
- Launch of a Property services Portal Magic Bricks
- TimesMatri is rebranded as Simply Marry [4]
- A new holding company by the name of TBSL is created. This company controls the brands TimesJobs SimplyMarry (earlier called TimesMatri) and MagicBricks
- TimesofMoney launches Remit2Home, to cater to Global Remittance Market
2007:
- Launch of The Times of India - Kannada
- Launch of Bangalore Mirror
- Launch of Ahmedabad Mirror
2008:
- Launch of SimplyMarryZine.com
- Launch of The Times of India, Chennai Edition [13]
- Launch of Pune Mirror
- Acquisition of Virgin Radio (now known as Absolute Radio) in the UK [14] [15] [16]
- Launch of Times of India - Goa, along with Goa Mirror.
2009:
- Launch of ET Now - A business news channel
References
- ^ a b Virgin Radio owner sets his dial for the web Financial Times
- ^ a b c d e About Us Times Music
- ^ (in English) World Press Trends 2008. World Association of Newspapers. 2008. pp. 14. http://www.wan-press.org/. Retrieved 2009-06-23.
- ^ a b c d e f g h i j About Us Times Business Solutions Limited
- ^ Virgin rebranded as Absolute Radio Financial Times
- ^ Times of India group buys UK's Virgin Radio for £53.2 million radioandmusic.com
- ^ Times Syndication Service (TSS)
- ^ a b c d e About Us zOOm
- ^ Australian Library Collections Libraries Australia
- ^ South Asian Newspapers in Australian Libraries: a Holdings List National Library of Australia
- ^ Australian Library Collections Libraries Australia
- ^ ENIL enil.com
- ^ TOI’s launch all set to heat up Chennai livemint.com
- ^ Sale of Virgin Radio to TIML for £53.2 million London Stock Exchange
- ^ Times Group buys UK's Virgin Radio for Rs 448 cr The Economic Times
- ^ Times of India company buys Virgin Radio Holdings Ltd Campaign India
See also
External links
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