Haymarket Publishing of UK formally enters India in JV with Autocar publisher; to launch second title

Haymarket Publishing of the UK formally entered the Indian market early this month in a 50:50 joint venture with Sorabjee Automotive Communications (SAC), publishers of Autocar India. The new entity will be called Haymarket SAC Publishing India Pvt. Ltd.

e4m by exchange4media Staff
Published: Sep 16, 2004 8:50 AM  | 3 min read
Haymarket Publishing of UK formally enters India in JV with Autocar publisher; to launch  second title

Haymarket Publishing of the UK formally entered the Indian market early this month in a 50:50 joint venture with Sorabjee Automotive Communications (SAC), publishers of Autocar India. The new entity will be called Haymarket SAC Publishing India Pvt. Ltd.

Confirming the development to exchange4media, Hormazd Sorabjee, Publisher and Editor of Autocar India, said, “Yes, the 50:50 joint venture was formalised earlier this month. Haymarket is the UK’s largest publishing group with some 130 magazine titles, and they have been keen on India for quite sometime.”

When asked, Sorabjee expressed his inability to give out the level of investment made by Haymarket “as certain procedural details are still to be worked out”.

The joint venture has come into being, by coincidence, in the same month that Autocar India completes five years of publishing, an event that it has celebrated by putting out a mega September issue of 378 pages. Though the FIPB approval came in the first quarter of this year, it was only a few days back that the JV formalised its new name.

Sorabjee also disclosed that his company will launch its second title, “Autocar Professional”, in November this year. “It will be a B2B product targetted at industry professionals, suppliers, etc. We will start it off as a monthly, but are looking at making it a fortnightly in course of time.” Murali Gopalan, formerly of the Financial Express and Auto Monitor, will be the Editor of Autocar Professional. “It has been entirely conceived by SAC and all editorial content will be from us,” Sorabjee added.

Would the entry of Haymarket mean any change for Autocar India? Answered Sorabjee, “Haymarket has a rich heritage in the magazine business. They are great in design, and have a strong credibility. So our product can only get better with their coming in.”

Sorabjee explained that Autocar, which has been published in the UK for the last 80 years, has evolved “an excellent and highly respected road testing methodology for cars. The road testing concept in Autocar India will only get strengthened in future.”

Though the turnover of the closely held Haymarket Publishing is not known, it is estimated at approximately 300-million pound sterling. Haymarket Publishing is Britain’s largest privately owned publishing company. It publishes a wide range of popular enthusiast magazines, from motoring to soccer, and is a leading publisher of specialist magazines for various trades, businesses and professions. It is owned by Lord Michael Heseltine, former Deputy Prime Minister of the UK.

Among some of Haymarket’s motoring titles are ‘What Car?’, ‘Motor Sport’, ‘Autosport’, ‘F1 Racing’ (the world’s largest selling Formula One magazine) and the LAT Archive (the world’s largest motoring picture library). Haymarket also publishes titles like ‘Media’, ‘Campaign’, ‘Marketing’ and ‘PRWeek’ in various markets of the world. Incidentally, ‘Media’ magazine in India is represented by Rohinton Maloo’s Cutting Edge Media for advertising sales and subscriptions, whereas Bennett, Coleman’s Brand Equity team supplies India-specific editorial content.

With yet another foreign publishing company entering India, it’s interesting times for the publishing industry and professionals.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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