The Wall Street Journal has ended its seven-year content and revenue partnership with HT Media’s business daily Mint, effective today. (Hat tip – Quartz India). Following this, all Wall Street Journal content will now be exclusive to its own site. We’re awaiting more details.
Wall Street Journal had first signed (pdf) an exclusive agreement with HT Media in August 2006, as per which HT Media’s then soon-to-be-launched business newspaper Mint got full access to Wall Street Journal content to publish WSJ branded content in its pages and its website on an exclusive basis. This included business news from The Wall Street Journal’s print and online editions, Marketwatch and global news from Dow Jones.
Mint was officially launched in February 2007 with former deputy managing editor of The Wall Street Journal Raju Narisetti as its founding editor. Current editor R Sukumar took over from Narisetti as editor in December 2008.
The newspaper claims to have a presence in key markets like Delhi, Mumbai, Bengaluru, Kolkata, Chennai, Hyderabad, Ahmedabad, Chandigarh, and Pune and claims to be the No. 2 business daily in the country with 34% readership share in these markets. It had 0.31 million readers as per the recent controversial Indian readership survey. Mint also has an online presence at Livemint.com which went through a fairly comprehensive revamp in September 2012.
On the other hand, The Wall Street Journal launched its India edition in February 2009 and followed its up with a India-specific blog called India Real Time. It also launched an Hindi blog called India Real Time Hindi in September 2010.
More to Follow