Death of a newspaper: Read this piece on The Hoot, which describes how HT's Bhopal edition was "slowly stifled before it was shut down earlier this week" — A requiem for the Hindustan Times, Bhopal.
There is already blood on the floor of one of the last bastions of print media in the world. Major national dailies are shutting editions, laying off staff, slashing costs, and freezing expansions and investments. Smaller papers have been doing this for the last five years. Worse is to come if taxes are raised under the GST regime, if the damaging two-month impact of demonetisation persists in this quarter and the next, and if the government does not at least part-discontinue the wage board.
That is an excerpt from a hard-hitting edit in The Times of India today. Read the column in its entirety here: Indian newspaper industry: Red ink splashed across the bottom line — Hard-hit by factors beyond its control, print media needs reasonable tax and labour policies.
UPDATE (January 30, 2017)
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