Bhaskar IPO

IN Media Watch Briefs | 03/12/2009

The Dainik Bhaskar group is going for an IPO. Divya Bhaskar announced to its Gujarati readers that 1.81 crore shares will be issued, out of which 1.27 crore shares will be new. The group has claimed in its advertisement that its readership has grown from 32 lakh to 1.55 crore readers in just 14 years. This will make it the fifth listed newspaper in the country

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Amazon resisting voluntary censorship

The new term for self censorship is voluntary censorship, as proposed by companies like Netflix and Hotstar. ET reports that streaming video service Amazon Prime is opposing a move by its peers to adopt a voluntary censorship code in anticipation of the Indian government coming up with its own rules. Amazon is resisting because it fears that it may alienate paying subscribers.

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