| Type | Public |
|---|---|
| Traded as | BSE: 532662, NSE: HTMEDIA |
| Industry | Media & Entertainment |
| Founded | 1924 |
| Headquarters | Delhi, India |
| Key people | Shobhana Bhartia (Chairperson) Rajiv Verma (CEO) |
| Products | Newspapers, FM Radio, Internet |
| Revenue | 1,454 crore (US$276.26 million) (2010)[1] |
| Employees | 2,708 (2011)[1] |
| Website | HTmedia.in |
HT Media Limited (BSE: 532662, NSE: HTMEDIA) is an India-based company. It publishes Hindustan Times, an English daily, and Mint, a business paper daily except on Sunday. The company is also engaged into the business of providing entertainment, radio broadcast and all other related activities through its radio stations operating under brand name Fever 104 in cities of Delhi, Mumbai, Kolkata and Bangalore.
HT Media operates 19 printing facilities across India with an installed capacity of 1.5 million copies per hour. HT’s internet business, under the HindustanTimes.com portal, is primarily a news website with 2 million unique visitors and 50 million page views per month.
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In 1924, This date marked the august beginnings of Hindustan Times with Mahatma Gandhi, the Father of the Nation inaugurating the newspaper. In 1927, Hindustan Times, was reborn as Hindustan Times Ltd., a limited liability company. In 1936, The Hindi daily Hindustan was launched, which remains the dominant newspaper in the core Hindi belt of northern India. In 1937, Devdas Gandhi was appointed the Managing Editor of the newspaper and remained the managing editor till his death in 1957. In 1942, The Hindustan Times was one of the few newspapers that stopped publishing the newspaper for four and a half months as it refused to accept the British imposition of censorship on all newspapers. In 1947, The year India gained its freedom, was also the year Hindustan Times attained the status of being the dominant newspaper in Delhi. In 1957, The newspaper circulation grew from 58,693 copies to 144,287 in 1970 after KK Birla took over the mantle from GD Birla. In 1960, The Hindi literary magazine Kadambini was launched. In 1964, The group started actively targeting the youth of India and launched the Nandan magazine.
In 1991, At the start of liberalization of India, Hindustan Times moved to becoming an autonomous power center in a mature democracy. In 1999, The Hindustan Times celebrated its platinum anniversary. In 2000, With a focus on localization, five new editions for Calcutta, Bhopal, Ranchi, Chandigarh and Jaipur were launched. In 2003, The media business of was de-merged and incorporated under HT Media Ltd. In 2004, HT Media Ltd was listed as a public company and attracted external funding. In 2005, Hindustan Times successfully entered the Mumbai market with a refreshingly new product and content mix. In 2006, Fever 104 FM is launched, in technical collaboration with the Virgin Group. Hindustan was relaunched re-establishing the company's prominent presence in the regional news space. In 2007, Mint, the business paper in partnership with the Wall Street Journal was launched in Delhi and Mumbai. In the internet space, Hindustantimes.com was relaunched and Livemint.com was introduced. In 2008, Firefly e-Ventures, an HT Media Company launched its first portal for job seekers, Shine.com.
HT Syndication is a content syndication division of HT Media established in mid-2003 to repurpose and repackage U.S. originated material. By utilizing business process outsourcing, HT Syndication obtains information from the United States Congress and other bodies within the federal government of the United States and generates original content for Indian citizens who have migrated to another and distributes that content to databases and other dataports worldwide. HT Syndication's portfolio includes:
A part of HT Media Ltd, the group's Hindi newspaper Hindustan ranks as the second largest-read daily in India. Hindustan has 13 editions across the Hindi belt. It is the fastest growing Hindi newspaper with almost 9 million readers and expanding rapidly across the Hindi belt.
In February 2007,HT Media has also launched a national business newspaper, Mint, with an exclusive agreement with Wall Street Journal to publish Journal branded news and information in India.
With the launch of the Chennai edition on 13 July 2009, Mint now has a national footprint that includes Delhi, Mumbai, Bangalore, Kolkata, Chandigarh, Ahmedabad and Pune.
HT Media has entered the FM radio market in key Indian cities through a consulting partnership with Virgin Radio. Fever 104 FM is available in Delhi (since October’ 06), Mumbai(since January ’07), Bangalore (since March ‘07) and Kolkata (January ‘08).
In a short span of three years, the channel's rise has been meteoric. It has gained the No. 1 position in Mumbai and Bangalore leaving behind all the other FM channels in these cities. In terms of TSL, Fever 104 FM has surged ahead with a total time spent listening of 386 minutes. It is No.2 FM station in Delhi on the popularity charts.
HT Media launched its innovative job portal Shine.com in June 2008. It has a unique job-matching technology along with career guidance, resume services and industry information. Shine partners candidates not only through the recruitment process but through their career lifecycle. Shine.com has been developed by Redmatch, an Israel based company.
Desimartini.com is a movie reviews and ratings website by Firefly eVentures, HTMedia's internet subsidiary. It is a platform to share movie reviews and ratings, covering both Bollywood and Hollywood movies and has a host of audience reviews and ratings on the latest movies. The website has details on thousands of movies including information on the plot, photos, trailers and lots more. It invites users to not only read and write reviews, but also connect with like minded movie goers. It empowers the average movie goer to express his verdict on the box office .
By becoming the repository of the audience reviews on movies , Desimartini.com aims to become people's voice on cinema, in the language of the people.
HTCampus.com is an education portal from the house of Firefly e Ventures, the internet subsidiary of HT Media Ltd. The site is aimed at students passing out from school and college to help them take the right decision about their higher education.
HTCampus.com provides the students with a comprehensive, updated and reliable information for over 25000 colleges in India across various courses and streams. The site also has certain value added tools for students like the Test Preparation section, where students can come and take free sample tests online for various exams, Future Salary Calculator, which helps the student map out his earnings after pursuing a particular course from a particular college, a unique Compare Colleges feature and access to Expert Counseling ([1]) from Industry Experts for instant help. They also guide students for any admissions related help for MBA, Engineering, Hotel Management and other courses. They have a very active articles and news section which provides updates on education news in the nation.
A unique feature launched by HTCampus.com, is Common Application Form ([2]) , which is first of its kind initiative in India, where the complete admission process has been shifted from offline to online, reducing hassles for students at minimal costs. This concept enables a student's reach of applying to more number of colleges by letting them apply at economized rates to partner institutes, hence increasing his application being short listed by more colleges. They have more than 500 colleges partnered accepting applications online across categories for BBA, MBA, Engineering & Hotel Management admissions with the likes of Great Lakes etc.