News this week: Indian B2B publisher Infomedia18 announced a restructuring
that sees its publishing business, which includes special interest magazines
and business directories portfolio, consolidated with Network18 under a new
division ‘Network18 Publishing’. The company’s printing press business will continue
to remain with Infomedia18.
The new Network18
Publishing will comprise of three sub-divisions: business to consumer (B2C) magazines,
business to business (B2B) magazines and business directories division (BDD). Network18
Publishing will be headed by Sandeep Khosla, former CEO of Magazine Publishing of
Infomedia18.
B Sai Kumar, group CEO
of Network18, commented, “We believe that the special interest and B2B spaces
will be one of the key drivers for publishing in India, both in print and new
media. With Network18 Publishing, we’ve aligned our assets to capitalise on
this trend both from a community building as well as a commercial perspective.”
This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. Visit our website
to find out more about this service. You can also follow us on Twitter
for all the latest updates.
No comments:
Post a Comment