It is no secret that print media around the globe is struggling to keep up with the rich, on-demand news content that the internet offers. In today’s everything-can-be-found-on-the-web world, publishers (particularly smaller ones) are forced to rethink distribution models in order to continue to reach readers who no longer reach for newspapers printed on paper. Pressmart Media set up shop to help alleviate these print readership woes.
Hyderabad, December 01,2008Newspapers are continuing to feel the pinch of the impending recession with redundancies affecting national, regional, paid-for and free titles. The cost of energy, paper and printing has risen dramatically in the last year, forcing some newspapers to close and save money. Circulation has been shrinking, and advertising sales have fallen greatly in the last year causing many Publishers to re-think their economic models.
London, October 30,2008Pressmart Media Limited (www.pressmart.net), a leading print-to-digital delivery service, announced that it has secured a $6 Million funding from two of the most respected VC firms from the Bay area, Draper Fisher Jurvetson and NEA IndoUS Ventures, as it moves into its next phase of growth.
Hyderabad, September 4, 2008Editor & Publisher magazine (www.editorandpublisher ) today signed an agreement with Pressmart Media Ltd. (www.pressmart.net) to provide a digital, same-as-print electronic edition of the newspaper publishing industry’s leading trade publication.
New York, July 14, 2008
SAN DIEGO, CA March 7, 2008
AOL Money & Finance, (BUSINESS WIRE), March 19 2008
New York, NY & Toronto, Canada January 18, 2008
Editor & Publisher, October 26, 2007
Columbia, MO & New York, Oct 17, 2007
Philadelphia Inquirer, Oct 29, 2007
Yahoo Finance, Jul 12, 2007
Business World, Jan 31, 2007