Read on Twitter
Despite two successive years of decline, the Times Group registered profits of Rs 681 crore in 2017-2018, the last year for which figures are available.
That is PROFITS.
What would the salaries of the entire magazine staff for a year cost? Two crore? Three? https://twitter.com/churumuri/status/1249640673738801152
That is PROFITS.
What would the salaries of the entire magazine staff for a year cost? Two crore? Three? https://twitter.com/churumuri/status/1249640673738801152
“We are not in the newspaper business, we are in the advertising business,” he said.... newspapers depend more on ad revenue, he said, and, “if ninety percent of your revenues come from advertising, you’re in the advertising business.”
The "he" is Vineet Jain. ++
The "he" is Vineet Jain. ++
That quote comes from a Ken Auletta profile of the Brothers Jain, dating back to 2012. Here is the link:
https://www.newyorker.com/magazine/2012/10/08/citizens-jain
Given this, why should the sacking of the magazine staff be a surprise? The advertising business doesn't need journalists.
https://www.newyorker.com/magazine/2012/10/08/citizens-jain
Given this, why should the sacking of the magazine staff be a surprise? The advertising business doesn't need journalists.
