Page 5 - Media

India on top for trust in biz, NGOs; 4th for media, 5th in govt: Report

India tops the charts in terms of trust in businesses and NGOs, but it is fourth in terms of trust in media and fifth for the government, an annual trust barometer showed on Monday. The Edelman Trust Barometer 2024, released here ahead of the World Economic Forum Annual Meeting, put Saudi Arabia on the top for trust shown by their people in the government and China for trust in media. In terms of trust shown in one's employer, Indonesia emerged at the top followed by India at the second place. The 24th annual survey, which covered over 32,000 respondents across 28 countries, showed developing countries having a lead over developed ones in terms of overall trust perception of their respective populations. On the overall index, prepared on the basis of average per cent trust in NGOs, business, government and media, India moved to second place from fourth in 2023, while China retained its top spot. The UK replaced South Korea as the least trusted nation. The survey also showed less t

Newsclick row: Portal's HR head moves Delhi court seeking to turn approver

NewsClick's human resources department head Amit Chakravarty has moved a Delhi court seeking its permission to turn an approver in the case lodged under anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda, court sources said. Chakravarty moved the application before Special Judge Hardeep Kaur last week, seeking pardon in the case and claiming he had material information that he was willing to disclose to the Delhi Police, which is investigating the matter. The judge has posted the matter before a magisterial court for recording Chakravarty's statement. According to police sources, the agency will take a decision on whether to support his application before the court after going through his statement. The Special Cell of Delhi Police had arrested Chakravarty and news portal's founder and Editor-in-Chief Prabir Purkayastha on October 3. They are currently in judicial custody. According to the FIR, a large amount of funds to the

Adani Group acquires majority stake in news agency IANS for undisclosed sum

Billionaire Gautam Adani's group has acquired a majority stake in news agency IANS India Pvt Ltd for an undisclosed sum as the group expands its presence in the media space. In a regulatory filing, Adani Enterprises -- the firm that holds the group's media interest -- said its subsidiary "AMG Media Networks Ltd has acquired a 50.50 per cent stake constituting equity shares of IANS India Pvt Ltd." The company did not disclose the acquisition price. Adani had forayed into media business in March last year when it acquired Quintillion Business Media, which operates business and financial news digital media platform BQ Prime. It thereafter in December took nearly 65 per cent stake in broadcaster NDTV. AMNL was the vehicle for these acquisitions as well. In the filing, it said, "AMNL has also signed a shareholders' agreement with IANS and Sandeep Bamzai, a shareholder of IANS, to record their inter-se rights with respect to IANS." IANS had a revenue of Rs 11.86 crore in the fiscal yea

Why large consumer brands have a lot at stake in Disney, Sony deals

The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country

Disney, Reliance plan London meeting for India media merger talks: Report

Disney and Reliance have held talks to merge their India businesses by forming a joint venture company in which Ambani's media unit would hold a majority stake

5 "potential witnesses" found against NewsClick founder, cops tells court

The Delhi Police arrested Purkayastha on October 3, alleging that Prabir Purkayastha conspired with a group called PADS to sabotage the electoral process during the 2019 Lok Sabha polls

India-born media veteran Dr Samir Shah selected as new BBC chairman

An India-born media executive who has worked in UK broadcasting for over 40 years, Dr Samir Shah, has been announced as the UK government's preferred candidate to take over as the new BBC chairman. The 71-year-old, who was honoured with a CBE by Queen Elizabeth II in 2019 for services to television and heritage, will replace Richard Sharp, who had been forced to resign after his communication with former prime minister Boris Johnson came under scrutiny. Shah will now be quizzed by cross-party MPs of the House of Commons Media Culture, Media and Sport Select Committee for pre-appointment scrutiny before formally taking charge. "With a career spanning more than 40 years in TV production and journalism, Dr Shah has a wealth of experience to bring to the position of BBC Chair," UK Culture Secretary Lucy Frazer said on Wednesday, confirming the selection as per the appointment process. "He has a clear ambition to see the BBC succeed in a rapidly changing media landscape, and I have no .

Use of AI for creating 'deep fake' problematic, media must educate: PM

Prime Minister Narendra Modi on Friday flagged the misuse of artificial intelligence for creating 'deep fakes', and said the media must educate people about this crisis in making. Addressing journalists at BJP's Diwali Milan programme at the party's headquarters here, Modi also referred to his resolve to make India 'Viksit Bharat' (developed India), saying these are not merely words but a ground reality. He also said that 'vocal for local' has found people's support. Modi further said that India's achievements during the COVID-19 pandemic created confidence among the people that the country is not going to stop now. He also said that Chhath Puja has become a 'rashtriya parva' (national festival) and it is a matter of great happiness.

'Media must act as responsible pillar of democracy, call out fake news'

Information and Broadcasting Minister Anurag Thakur on Thursday said there are "individuals and media outlets" who consistently spread fake propaganda against 'Bharat', both domestically and internationally, and stressed that media must act as a responsible pillar of the democracy, calling out fake narratives in the open. "It is our collective responsibility to challenge such narratives, expose the falsehoods, and ensure that truth prevails," he said. "It is essential to safeguard the interests of our nation and avoid providing space to anti-India views that can threaten the unity and integrity we hold dear," Thakur added. The minister was addressing an event organised here by the Press Council of India (PCI) to mark the National Press Day. "Even as we celebrate the freedom of the press, we cannot turn a blind eye to those who seek to undermine the spirit of our nation. There are individuals and media outlets that consistently spread fake propaganda against Bharat, both domestically

JWD Media Consulting's Impactful Events: Empowering Businesses through Expertise

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Subjected to criminal prosecution to create 'chilling effect': NewsClick

NewsClick Wednesday alleged in the Delhi High Court that investigating agencies were abusing the process of law to subject it to criminal prosecution to create a "chilling effect". The court was hearing petitions by the news portal for quashing the cases the Delhi Police and Enforcement Directorate have registered against it over alleged violation of foreign funding laws. "I am being targeted because I happen to be an entity engaged in news circulation on digital platform," said senior advocate Siddharth Agarwal, representing the petitioner, before Justice Saurabh Banerjee. "We have reached a place where criminal law is used as a weapon of choice for chilling effect. There is nothing here that needs to be investigated," argued the senior lawyer. The criminal cases, he added, were intended to "silence" independent and impartial reporting, discourage journalists and "create a chilling effect". PPK Newsclick Studio Pvt Ltd, which owns NewsClick, had moved the high court in 2021 seeki

Court grants Delhi cops time to reply to NewsClick HR head's bail plea

A Delhi court on Saturday granted the city police time till November 17 to respond to the bail application of NewsClick human resources department head Amit Chakravarty in a case lodged under anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda. Special Judge Hardeep Kaur adjourned the matter following a request made by the police. The Special Cell of Delhi Police had arrested Chakravarty along with NewsClick founder and editor in-chief Prabir Purkayastha on October 3. Both are currently in judicial custody. According to the FIR, a large amount of funds to the news portal came from China to "disrupt the sovereignty of India" and cause disaffection against the country. It also alleged Purkayastha conspired with a group -- People's Alliance for Democracy and Secularism (PADS) -- to sabotage the electoral process during the 2019 Lok Sabha polls. Raids were conducted at 88 locations in Delhi and seven in other states on October 3 on

NewsClick row: Court sends Purkayastha, Chakravarty to judicial custody

The Additional Sessions Judge Dr Hardeep Kaur allowed the Delhi Police application and sent Prabir and Amit Chakravarty to Judicial custody till December 1, 2023

Mahua drops media houses as parties in plea against defamatory content

TMC MP Mahua Moitra on Tuesday sought to delete as parties several media houses from her plea before the Delhi High Court against circulation of alleged fake and defamatory content against her. Counsel for Moitra, while stating that he was not pressing any interim relief in the matter at this stage, told Justice Sachin Datta that the lawsuit would only continue against two defendants -- BJP MP Nishikant Dubey and lawyer Jai Anant Dehadrai. Dubey has accused Moitra of taking bribe from a businessman to ask questions in Parliament and urged Lok Sabha Speaker Om Birla to constitute an inquiry committee to look into the charges against her. Citing a letter he received from advocate Dehadrai, Dubey has said the lawyer shared "irrefutable" evidence of bribes allegedly being given to the TMC leader by a businessman. In his letter to the Lok Sabha speaker, Dubey claimed that 50 of the 61 questions she asked in the Lok Sabha till recently were focused on the Adani Group, the business ...

Star India's FY23 profit declines 31% to Rs 1,272 cr, revenue rises 6%

Broadcast major Star India's consolidated net profit declined 30.62 per cent to Rs 1,272.15 crore in the financial year ended on March 31, 2023, showed data accessed by business intelligence platform Tofler. However, its revenue from operation in FY23 increased by 6.15 per cent to Rs 19,856.86 crore. In the preceding financial year (FY22), Star India's net profit was at Rs 1,833.81 crore and its revenue from operation was at Rs 18,704.66 crore. The total income of Star India, which is owned by US-based global media major Walt Disney Company, was at Rs 20,698.64 crore in FY23, up 8.6 per cent year on year. Its total income was Rs 19,058.04 crore in FY22. In FY23, Star India's total expenses were at Rs 18,759.31 crore, up 16.29 per cent year on year. Star India is in the business of broadcasting, soliciting advertisements, marketing and distribution of non-news and current affairs TV channels, as well as in producing and distributing movies. The company is a leading media & ...

Newsclick Row: Court sends Purkayastha, Chakravarty to custody till Nov 2

A Delhi court on Wednesday sent NewsClick founder Prabir Purkayastha and human resources department head Amit Chakravarty to police custody till November 2 in a case lodged under the anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda. The accused were produced in the court on the expiry of their 15-day judicial custody granted by it earlier. The police had requested the court on October 10 to send the accused persons to jail and had submitted that the agency could ask for their further custodial interrogation later. The police on Wednesday told the judge that it wanted to confront the accused with some protected witnesses and also some devices which were examined and the data that has been extracted. Advocate Arshdeep Singh Khurana, appearing for Purkayastha, opposed the police remand plea claiming that there was no new ground in the application. The Special Cell of Delhi Police had arrested Purkayastha and Chakravarty on Octob

Network18 Media Q2 results: Net loss at Rs 111 cr, revenue up 20%

Network18 Media & Investments Ltd on Wednesday reported a consolidated net loss of Rs 111.17 crore for the second quarter ended September 30. The company's investments in sports and digital platforms, which are new growth verticals for the company, led to the widening of its loss. It had posted a loss of Rs 28.84 crore during the July-September period a year ago, according to a regulatory filing. However, the company's consolidated revenue from operations rose 20.44 per cent to Rs 1,865.50 crore in the second quarter of the current fiscal. The same stood at Rs 1,548.89 crore in the year-ago period. In an earnings statement, Network18 Media said its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) declined due to investments made in growth verticals -- sports and digital. "Consolidated revenue for the quarter grew 20 per cent y-o-y to Rs 1,866 crore, driven by the performance of News business, Movie Studio and Sports vertical," it said. During the quarter,

Reliance nears multibillion-dollar deal to buy Disney's India operations

The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around $10 billion, as opposed to piecemeal transactions weighed earlier

NDTV Q2FY24 results: Net profit falls nearly 51%, revenue down 10%

Consolidated net profit was Rs 5.91 crore in the three months to Sept. 30, compared with Rs 12.01 crore a year earlier, it said in an exchange filing

Shivakumar warns leaders against speaking on internal party issues to media

"The party workers, we, you, the people of the state have brought the Congress to power. I will never say today, tomorrow, hereafter, that DK Shivakumar alone brought it to power," he added