Veteran Online Journo Takes on Newspaper Giants

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  • 8/11/2019 Veteran Online Journo Takes on Newspaper Giants

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    Veteran Online Journo Takes On Newspaper Giants

    BANGALORE, INDIA-- January 26, 2009 -- The journalist who created tabloid-style onlinejournalism is spearheading a news site that is set to challenge the dominance of the nationaland international press by taking them on at their own game, without the print anddistribution overheads.

    Mike Magee will launch The News (www.instantnews.net today, a site that will deliverbreaking global news in a characteristically punchy and controversial style.

    The site will have its hub in !ndia, where editorial operations will be headed by "ubhash #ai.$e joined Magee after successfully starting and then running %&'s !ndian news portal. #aisteam will include full-time sta) and freelancers from around the world.

    Magee launched The #egister (www.theregister.co.uk, then the !N*+!##(www.theinuirer.net, selling the latter to N+ /usiness 0ublications two years ago. !nMarch last year, Magee oversaw the launch of the !T 1aminer in /angalore(www.ite1aminer.com.

    Magee said2 3%t a time when multinational and national newspaper groups are cutting sta),closing o4ces and facing the overhead of print production, distribution costs and decliningreadership, we feel weve a good chance of taking on the giants by concentrating on sound

    journalism and challenging the state of journalism now .3

    $e continued2 3% recent article on forbes.com told a stark truth. 0rint advertising, the piecesaid, is evaporating, meaning that in the +5, at least, Northcli)e Media and Trinity are stilltied to classi6ed ad revenues and cant scale their operations to take advantage of the low-cost model in the online world.3

    !n 7une 899:, Magees !N*+!## broke the story of a ;ell notebook bursting into