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Stalin Forges A Grandiose Plan, Shifting Administrative Capital To Mahabalipuram
Tamil Nadu BJP Chief K Annamalai is adept at ferreting out information from rival camps. Consider the impact of his ‘Breaking News’ regarding Tamil Nadu Chief Minister M K Stalin’s hidden plans to carve out a brand-new state assembly complex at Mahabalipuram. Could it be similar to Putrajaya the Malaysian administrative campus, 25 km south of Kuala Lumpur? The DMK could be planning to build a rival monument to the 7th century world Heritage Shore Temple in Mahabalipuram! Grandiose dreams cost mucho money. Annamalai claims that the Government Order is already out, to acquire 6,000 acres of land, the initial smoke screen, ostensible Office of the DMK party, before embarking on the next phase of ambitious construction. Naturally, rival political parties termed the extravagant plan as a “scientific siphoning off, of the mega budget.” And already, allegations of six powerful ministers acquiring over 100 acres through benami purchases are flying thick and fast. Public memory still rankles over how J Jayalalithaa overturned all that Kalaignar built in 2006, on the Omandurar Estate by converting the massive complex into a tertiary hospital. Conflicts apart, fact is that much of the area at the Fort St. George complex belongs to the army, making it hard to expand and modernise. So, given the strong opposition, can Stalin and company still pull off his grandiose plan?
Netflix
Sliding Viewership On Netflix, Prompts Subscriber Tariff Rejig, For More Online Clicks
Netflix watched its subscription base lose around 900,000 viewers with 700,000 losses attributed to the Russia-Ukraine war and, 200,000 blamed upon other markets. To arrest viewership loss, Netflix is introducing a password sharing fee in the U.S. and other markets. It intends to generate more revenue from existing subscribers, one connection with multiple users. First introduced in Latin American markets, a progress report is awaited but, media pundits predict a further downslide of 10 to 13% in the U.S.A, post launch. After all, the choice is multi-fold. In India too, things aren’t moving as planned. Despite a first mover advantage, Netflix couldn’t hit the bullseye. Indications that more than 50% of content under production is on hold including season two of Delhi Crime. The current Indian content has failed to achieve desired traction milestones. An overhaul, review and new creative ideas are on the cards. Netflix slashed subscription rates a couple of months back to Rs 149 for its mobile pack and Rs 199 for mobile/TV packs. An update is anticipated. Netflix started with a bang with series like Fauda, House of Cards, Peaky Blinders, Money Heist, Friends and Indian series like Sacred Games. Renewed interest piqued through the Korean Series — Squid Game, 365 Days, and now Kota Factory. The latest blockbuster attraction — Gangubai Kathiawadi is expected to renew viewer interest in Netflix.
Pankaj Munjal, Chairman and Managing Director of Hero Cycles
Munjal’s Foot Is In Europe’s Door, 150 Mn Pound Invested In UK E-Bike Plant
Pankaj Munjal of Hero Cycle’s fame has ambitiously big plans to strengthen the company’s presence in overseas markets, particularly across Europe. His company Insync Bikes Ltd has geared up to manufacture top end e-bikes at Trafford in the United Kingdom. Munjal, who visited UK to unveil his plans, told shortpost.in, “Manchester has given us more than what we had expected or planned.’’ The immediate future plan involves development as part of the budgeted £150m group-wide investment. His Manchester-based Global Design Centre has innovated an e-bike with artificial Intelligence functions that will incorporate advanced technologies such as Google services integration and introduce anti-theft systems and advanced telematics. Approximately 300 e-bikes will be manufactured every month at Trafford and priced at £3000 per piece. These e-bikes are expected to hit the road by August-September of 2022. The company received an award for being a Fast Track Indian company in the UK from among 900 companies surveyed by Grant Thornton in its India Meets Britain tracker report. Despite difficult conditions in the UK and Europe, Insync Bikes ranked 7th on the growth rate parameter. If the Indian experience is an indication, it will be among the top four players, sooner than later

TRENDS & VIEWS

Editor’s Note: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”