The Coronavirus pandemic is spreading across newsrooms and board rooms battling advertising and revenue shortfall. Below is the full text of the letter sent by Indian Express CEO George Varghese. = Subject: Challenging times = My dear colleagues, my Express family: Before going even a word further, Thank You. To each one of you, across…
Daily Archives: 1 April 2020
Newspaper industry in very real danger of turning “sick”: INS seeks two-year tax holiday after “triple whammy” of Coronavirus, falling ad revenues, and customs duty on newsprint
*** Forever wailing, the Indian Newspaper Society (INS) has sought a two-year tax holiday from the Union government following the “triple whammy” of #coronavirus, collapsing ad revenues, and customs duty on imported newsprint. In a letter to Union finance minister Nirmala Sitharaman, INS president Shailesh Gupta of Dainik Jagran says the newspaper industry is at…