Dainik Bhaskar group exits DNA in Ahmedabad & Jaipur. Zee group takes charge

16 Jun,2017

By A Correspondent

 

D B Corp Limited (DBCL), better known as the Dainik Bhaskar group, which had entered into publication licence agreements with the now-Zee promoted Diligent Media Corporation Limited (DMCL) whereby DMCL had granted an exclusive licence to DBCL to print, edit, publish, circulate and market the newspaper titled ‘DNA – Daily News & Analysis’ together with its supplements in the cities of Jaipur and Ahmedabad, has terminated its agreement with effect from close of business yesterday (June 15).

 

Notes a filing with the Bombay Stock Exchange: “D. B. Corp Ltd. and DMCL have now mutually decided to terminate the agreements with effect from close of business hours on June 15, 2017 and consequently DBCL will stop publication of DNA newspaper from abovesaid cities from June 16, 2017 and onwards”.

 

Although there has been no official word to the stock exchanges or the media, it is learnt that the Zee group-owned Diligent Media Corporation has taken charge of both editions. In fact, a news report was carried on the Zee Rajasthan news channel, a clip of which we have seen, has DNA CEO Jagdeesh Chandra taking charge and speaking on the occasion.

 

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