Newspaper wars hot up in the South — The Times of India arrives in Chennai, The Hindu slashes price, The Indian Express gets a facelift

14 April 2008

Chennai: The Times of India  has hit the road in Chennai from today and industry veterans predict newspaper wars to morph into open street battles.

With The Times of India finally arriving in Chennai on 14 April, the national daily is making its presence felt – long standing market leader The Hindu has brought down its cover price to stem the rush of readers who would make a beeline for the new entrant in the market.

At the other end of the spectrum, Express Publications' The New Indian Express got itself a long overdue makeover, and donned a new jacket on 11 April that read 'Ahead of The Times; tomorrow's paper today.'

Choosing to compete on price, at least for now, Chennai's long-time favourite, The Hindu, will be more affordable at Rs2.50, down from Rs3.25 on weekdays, and on Sundays Rs3 instead of Rs4.50. It has left the cover price of other editions of the newspaper in Tamil Nadu untouched, for now. Price changes are effective immediately from today. The Times of India's Chennai edition is currently priced at Rs2 on weekdays, and Rs3 on Sundays. The New Indian Express is priced ar Rs1.50 on weekdays, and Rs5 on Sundays.  Deccan Chronicle is priced at Rs1.50 on weekdays, and Rs2 on Sundays.

Some media planners opine that The New Indian Express's revamp has been a long time coming, and with The Times coming in, The New Indian Express has to take a lead, or at least match up to market expectations for the new-look daily to be in the reckoning. They do acknowledge, however, that The New Indian Express is, in some ways, either on par, or better than some of the existing dailies in Chennai, and if it were to keep up this momentum, it could well be capable of holding its own.

In addition to the price cuts, The Hindu's strategy includes securing its reader base in Chennai with a selection of supplements, most likely chaining that segment of readers who would be most susceptible to defect to The Times and other competition.