MAM
IRS Q3 2012: 3 of top 10 Hindi as well as English newspapers lose readership
MUMBAI: Three of the top ten Hindi daily newspapers and an equal number out of the top ten English dailies saw a fall in readership in the third quarter of 2012. The Hindi newspapers which lost readership in the third quarter are Amar Ujala, Patrika and Nai Duniya), while the English dailies are The Telegraph, The Economic Times, and The New Indian Express.
These are the findings of the Indian Readership Survey (IRS) Q3 2012, released by the Media Research Users Council (MRUC) and Hansa Research.
Dainik Jagran continues to be the leader with all India readership (AIR) of 16.47 million in Q3 compared with 16.42 million in the preceding quarter. Dainik Bhaskar is in the second position with AIR of 14.5 million in the third quarter of calendar year 2012, up from 14.45 million in the preceding quarter.
The newspaper with the third largest all India readership is Hindustan. Its AIR increased to 12.24 million in Q3 from 12.20 million in the preceding quarter.
The pecking order of the publications has remained unchanged in the third quarter of 2012.
Malayala Manorama was the fourth most read publication with AIR of 9.75 million in Q3, up from 9.71 million in the preceding quarter.
Meanwhile, the AIR of Amar Ujala fell to 8.53 million in Q3 from 8.6 million in Q2 2012. The publication, however, remains the fifth most read.
Amongst Hindi language publication, Dainik Jagran, Dainik Bhaskar, Hindustan and Amar Ujala take the top four positions, respectively. They are followed by Rajasthan Patrika, AIR of which grew from 6.75 million in Q2 2012 to 6.8 million in Q3 2012.
In case of the English dailies, the Times of India maintained its position at the top of the list with AIR of 7.65 million in Q3 as compared to 7.64 in Q2 2012. It is followed by Hindustan Times (AIR: 3.768 million) and the Hindu (AIR 2.258 million). The pecking order here too remains the same as last quarter‘s.
The regional dailies saw some changes in the ranking order. Though Malayala Manorama continues to lead, Daily Thanthi with AIR of 7.41 million replaces Lokmat that witnessed AIR of 7.40 in the third quarter of 2012. Next in the ranking order is Mathrubhumi with AIR of 6.41 million. Seven out of the top ten Indian language dailies (Daily Thanthi, Lokmat, Mathrubhumi, Ananda Bazar Patrika, Gujarat Samachar, Dinakaran and Daily Sakal) lost readership.
Brands
Adobe CEO Shantanu Narayen to step down after 18 years in role
Board begins CEO search as Narayen prepares to move to chair role
SAN JOSE: After nearly two decades at the helm, Adobe’s long-serving chief executive Shantanu Narayen is preparing to pass the baton.
The company announced that Narayen will transition from his role as chief executive officer once a successor is appointed, ending an 18-year run that reshaped Adobe from a boxed software seller into a global cloud and AI powerhouse. He will remain chair of the board following the leadership transition.
Adobe’s board has formed a special committee to oversee the succession process, led by lead independent director Frank Calderoni. The committee will evaluate both internal and external candidates.
“Shantanu’s leadership has been instrumental in Adobe’s transformation and in positioning the company for the AI-driven era,” Calderoni said in a statement. “As we begin the next phase of succession planning, our focus is on identifying the right leader for the company’s next chapter while ensuring a smooth transition.”
In a note to employees, Narayen described the moment not as a farewell but as a pause for reflection after a long journey with the company.
“I love Adobe and the privilege of leading it has been the greatest honour of my career,” he wrote, adding that he will continue to work closely with the board over the coming months to ensure a seamless leadership change.
Tributes from the technology industry quickly followed the announcement. Microsoft chairman and chief executive officer Satya Nadella congratulated Narayen on what he described as a “legendary run” at Adobe.
“Congrats Shantanu, on a legendary run at Adobe! You’ve built one of the most important software companies in the world, and expanded what’s possible for creators, entrepreneurs, and brands everywhere,” Nadella wrote on LinkedIn.
“What has always stood out to me is the empathy you’ve brought to the creative process and the example you’ve set as a leader. Grateful for your friendship, mentorship, and for all you’ve done for Adobe and for our industry.”
Narayen’s career at Adobe spans nearly three decades. He joined the company in 1998 as vice president and rose steadily through the ranks before becoming chief executive officer in December 2007.
During that time, he orchestrated one of the most significant reinventions in the software industry. In 2013, Adobe made the bold decision to abandon traditional boxed software sales and move its flagship creative tools such as Photoshop to a subscription-based Creative Cloud model. The shift initially rattled investors but ultimately transformed Adobe into a predictable recurring revenue business and a case study in digital reinvention.
Narayen also pushed Adobe beyond creative tools into the world of marketing technology and data-driven customer experience, spearheading acquisitions such as Omniture and Marketo. Those moves helped build Adobe’s digital experience division and broaden its reach far beyond designers and photographers.
The numbers tell the story of that transformation. When Narayen took over in 2007, Adobe generated roughly $3 billion in annual revenue. Today the company reports more than $25 billion. Over the same period, its workforce expanded from around 3,000 employees to more than 30,000.
In recent years, Narayen has steered Adobe into the generative AI era with the launch of Adobe Firefly, aiming to keep the company ahead in a rapidly evolving creative technology landscape.
Born in Hyderabad in 1963, Narayen studied electronics and communication engineering at Osmania University before moving to the United States for a master’s degree in computer science from Bowling Green State University. He later earned an MBA from the Haas School of Business at the University of California, Berkeley.
Widely regarded as one of Silicon Valley’s most steady and effective leaders, Narayen has earned multiple honours during his career, including India’s Padma Shri in 2019.
For Adobe, the upcoming leadership change marks the end of a defining chapter. For Narayen, however, the story is far from finished. As he told employees, the company’s next era of creativity, powered by AI and new digital workflows, is only just beginning.
