KOLKATA: Kolkata headquartered Rose Valley, which launched ?Khabar 365 Din? - a Bengali daily last year, plans to sell a part of the stake to Mumbai based jewellery company Gitanjali Jewellers.

Also, Rose Valley which registered a public limited company by the name of Rose Valley Patrika was initially in talks with two-three Kolkata headquartered ?big companies? who were willing to strike a deal with the company.

A senior media person on the condition of anonymity said: ?The deal has been done between Rose Valley and Gitanjali Jewellers.?

Khabar 365 Din, which launched on 16 January 2012, is published from Kolkata and Siliguri.

?Within a span of one and half years, after its launch, the newspaper made a mark in the Kolkata media industry,? said media analysts.

The company was also in the process to publish daily newspaper in English language from Kolkata but nothing concrete was heard, the media person added.

A Kolkata based media manager said companies which need to spend a huge amount on advertising; sometimes prefer to pick a small stake in regional dailies so that by publishing advertisements at the appropriate time they can reach their clientele.

A Kahabar 365 Din daily senior employee confirmed that Gitanjali may buy a small per cent stake in the newspaper. ?We have been hearing about this development recently but though no official announcement has been done by the management,? he clarified.

MUMBAI: Mobile advertising represented roughly 41 per cent of Facebook?s ad revenue during Q2-2013, and the social media giant appears to have its sights set even higher. Facebook and Gannett-owned PointRoll are expected to soon announce an agreement that will bring more rich media ads to Facebook?s mobile News Feed.

In June, Online Media Daily reported that rich mobile ads are more engaging on social-networking sites compared to the same ads on regular mobile sites. The article cited data from Celtra, and wrote that "rich media ads running in the Facebook and Twitter apps had an interaction rate of 55.2 per cent, four times that of the same ads on standard mobile sites. Time spent interacting with ads was nearly double in social media, with an average of 53 seconds versus 32 seconds on other sites."

Rich media ads on Facebook?s app already exist, but PointRoll VP of digital innovation and product strategy Todd Pasternack argued that PointRoll?s history is what will set their offering apart. "We?ve been doing this for 13-plus years," he asserted.

PointRoll CEO Mario Diez said: "What?s different about the Facebook mobile environment is that if the brands build the right type of engagement, and it is served within an environment that people are used to engaging with and interacting with, we see really good performance of the media."

Pasternack added: "What?s great about this is that it maintains the feel of Facebook."
While both Diez and Pasternack seemed to beat around the bush, Facebook didn?t shy away from using the word "native" when talking about the agreement. Facebook PMD Program partner manager Anurag Gulati said: "Facebook?s native format and large photo ads in News Feed - the most engaging part of Facebook - set our mobile ads apart."

"Mobile rich media lets brands create ad experiences that allow for multiple levels of content in one placement: videos, games, shares, etc." he added.

Because the Facebook Exchange (FBX) isn?t available on the app yet, all of the mobile rich media ads are the result of direct buys through Facebook?s platform for mobile News Feed.

PointRoll and Facebook have an existing relationship on desktop, and Pasternack indicated that this agreement is part of Facebook?s mobile-first strategy."We?ve been right there with them as they shift to mobile to make sure we would help support that strategy," he said.