Nicholas Dawes, the chief content officer at Hindustan Times (HT), has left the company. According to Dawes’ Twitter bio, he will be joining Human Rights Watch. Dawes was appointed as the chief editorial and content officer in May 2013, to take over the role from September that year. The company has not named Dawes’ successor yet.
And just like that, it is over. So long India. See you soon.
— Nicholas Dawes (@NicDawes) August 29, 2016
Prior to joining HT, Dawes was the Editor in Chief at Mail & Guardian, the South African newspaper, for 4 years. Before that, he was the associate and deputy editor at the same company for about 5 years. Dawes has also worked as Cape Business editor at ThisDay, MD at Maverick Interface Design and news and finance editor at World Online collectively for 4 years.
Other appointments at HT:
– Last month, the media company appointed Yusuf Omar as the mobile editor and would report to Dawes. Omar would lead HT’s mobile journalism initiatives and train 750 journalists.
– In May, HT Media appointed Aparisim ‘Bobby’ Ghosh as the executive editor of Hindustan Times. Ghosh replaced Sanjoy Narayan who had joined Hindustan Times as its chief editor in 2008.
– HT Media’s business newspaper Mint appointed Anil Padmanabhan as Executive Editor. Padmanabhan has been with Mint since November 2006 as its Deputy Managing Editor.
HT Media’s investments in media properties:
– In June, HT Media bought a majority stake of 50.5% in an online football portal called Sports Asia through its Singapore subsidiary HT Overseas.
– In February this year, HT Media invested Rs 1.5 crore in new media startups through its MediaHacks accelerator.
– In December 2015, HT Media invested an undisclosed amount in Planet GoGo, a lock screen and news snippets app.
– Around the same time, DealStreetAsia, a digital media platform based in Singapore, raised an undisclosed amount of funding from various investors including HT Media.
HT Media financials:
HT Media reported digital revenues of Rs 140.32 crore for the financial year ended 31st March, 2016, and losses of Rs 64.08 crore. Revenues were 35% higher than Rs 103.9 reported in the last financial year, while losses increased 16% from Rs 55.33 crore for the same period. Digital was 6% of total revenues for the March quarter, up from 4.2% of total revenues for the same quarter last year. In the previous quarter, digital accounted for 6.7% of total revenues.