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Tuesday, March 11, 2008
Interesting Links in India-US Media
Rolling Stone
magazine was reincarnated in India at the end of February, appearing with five different covers, only one of them featuring an Indian performer: sitar princess Anoushka Shankar, the daughter of Ravi Shankar. The other four covers featured
Led Zeppelin, Bruce Springsteen, Amy Winehouse and Jay-Z.
The Indian
Rolling Stone
is being published monthly by a company owned by autoparts and appliances biggie Anand Mahindra, whose wife Anuradha will be the editor-in-chief. The Editor and Publisher under her will be Radhakrishna Nair, a graduate from Mahindra's other media venture,
Men's World
. Nair told reporters at the launch party at Bombay's Hard Rock Cafe that he hoped for a circulation of 50,000, rising to 80 or 90,000. About a third of the editorial content will be generated in India, which has a flourishing music industry; the rest will reproduce content from the 14 other editions of the magazine.
Another significant US-India media alliance is between NBC and India's largest private television company, NDTV (it began as New Delhi Television). NBC is reported to have taken a 26 per cent equity stake in NDTV, which was allied for five years with Rupert Murdoch's
Sky TV
. That relationship ended because of a quarrel over editorial independence. Under Prannoy Roy, NDTV has mushroomed into a multifaceted television conglomerate which now offers 24/7 news and a number of specialized channels.
Also interesting is the contract
Foreign Affairs
has signed with Pune-based
Sakaal Group
to issue a monthly journal,
India and the World
or
India and
Global Affairs
(we await clarification on what the name really is; the former title was mentioned by
Foreign Affairs
editor James Hoge at Columbia Journalism School; the latter was in an email from the
Council on Foreign Relations
, the publisher of
Foreign Affairs
). It seems that the Indian magazine will carry a number of articles from the American parent. Whether the editor of the Indian magazine, former
Times of India
editor Dileep Padgaonkar, will have the power of refusal or broader editorial independence is not clear.
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