The main focus is to strengthen the existing brand digitally. If newspapers were the source of conversation in the past, today social media is the source of conversation. If you look at the newspaper, the way news flows and the approach is different and, therefore, the way a digital product will be constructed will be different. I reckon there will be a lot of digital initiatives.Arun Anant, CEO, The Hindu Group of Publications has over 25 years’ experience in the business of advertising and marketing and has worked across print and television medium. In his career span he has worked as GM - Strategy at Lintas; Business Head – VP with The Economic Times; CEO of UTV New Ltd and IncValue Advisors.
In conversation with exchange4media’s Deepa Balasubramanian, Anant speaks about the growth plans of The Hindu, the importance of digital, where the newspaper industry is headed and more... Q. You took charge at The Hindu in February, what are your key focus areas to strengthen The Hindu’s position?
We have been working on a lot of internal systems and processes in the organisation to increase our effectiveness and efficiencies as well as our overall business. So this has meant a lot of optimisation, pre-confederation work, for example, we now have a school edition, which is different from our regular newspaper. We are not able to keep up the supply for the kind of demand we have for that product. We have been looking at changing a lot of our products keeping in mind what our readers and advertisers want.
Q. Please tell us about some of the recent successful campaigns for The Hindu and also any new campaigns in the near future.
We have started a B2B campaign called ‘The Pressense’, which means Press Sense, which is about how newspaper advertising can deliver for newspaper advertisers. It is a two-hour programme for advertisers. This campaign is specifically for first-time advertisers and small advertisers. One of the biggest strengths of our economy is the SME sector. A recent study states that 15 million companies account for 8 per cent of our GDP. The creation that comes from these SMEs is actually the backbone of our country and naturally we would like these SMEs to grow and become stronger brands with more robust processes. That is why we have embarked on Pressense.
Q. What are your growth plans for 2013?
Q. According to you, overall how has the market changed from the consumer and marketing perspective in the last few years?
The demographic structure of the country is young and the youth are not always looking at indepth information on every subject, because it is the world of T20. So how you catch the young readers’ attention in an interesting manner is the greatest challenge.
Q. What are your plans for the future?
Q. Post digitisation, what are the significant changes that you see in the newspaper industry? What has The Hindu done to go digital?
We have invested in new machines in Bangalore, Kochin and Madurai. We are looking at digital investment. The main focus is to strengthen the existing brand digitally. If newspapers were the source of conversation in the past, today social media is the source of conversation. If you look at the newspaper, the way news flows and the approach is different and, therefore, the way a digital product will be constructed will be different. I reckon there will be a lot of digital initiatives.
Q. What are some of the changes that The Hindu has seen in the recent past after a huge shift in the editorial as well as advertising and marketing fronts?
Q. What are you doing to develop talent?
Q. How has the competition with the Times Group been?
Q. What are some of the challenges you have faced in the recent past?
Q. We have heard that you are going to appoint a new Business Head. Is it true?