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Cyber Media (India) > Company History > Media & Entertainment > Company History of Cyber Media (India) - BSE: 532640, NSE: CYBERMEDIA

Cyber Media (India)

BSE: 532640|NSE: CYBERMEDIA|ISIN: INE278G01037|SECTOR: Media & Entertainment
Oct 05, 16:00
, 16:01
Company History - Cyber Media (India)
Established in 1982, Cyber Media (India) Limited is a specialty media
 house, with nine publications in the infotech, telecom, consumer
 electronics and biotech areas; and an end-to-end media value chain
 including the internet, events and television.  The Company has five
 subsidiaries and two associate companies. These companies as a group
 are engaged in media services which include market research, content
 outsourcing, multimedia, gaming and media education.
 The group's Media business includes the print titles Dataquest,
 PCQuest, Voice&Data, BioSpectrum, Living Digital, DQ Channels India,
 Week (Chennai, Delhi and Mumbai). Cyber India On-Line (
 India's largest technology website, and includes online editions of
 CyberMedia titles. CyberMedia Events, the region's largest organizer
 IT events, conducts over 100 events every year, including Bangalore, Nasscom exhibition, IT Kerala, Hi-Tech Pune, etc. 
 TV develops knowledge-oriented general interest programs on mass
 Media Services include IDC India, the leading IT and telecom
 company in the region and amongst global leaders in technology
 research; CyberMedia Services (content and publishing BPO services);
 CyberMedia Research, which focuses on the media and entertainment
 sectors; CyberMedia Digital, the multimedia and gaming development
 distribution company; and the School of Convergence, for content
 creators and media managers.
 Mr. Pradeep Gupta, a first generation entrepreneur, along with his
 family members promoted CyberMedia in 1982.  The Group has the
 following tie-ups: 
 * McGraw Hill, the publishers of the world's largest business
 Business Week, to publish an Indian edition of Business Week. This
 agreement has been submitted to the Ministry of Information and
 Broadcasting for its approval.
 * International Data Corporation, one of the world's largest IT
 research companies for its operations in India. IDC India is a
 owned subsidiary of Cyber Media.
 * Kaleidoscope Entertainment, producer of acclaimed films like
 Queen, Saathiya etc., for media education i.e. the School of
 * Dice Careers Inc., the world's largest tech job board for the
 establishment of a tech job board in India, through a new joint
 company Cyber Media Dice Careers Limited (A Company proposed to be
 incorporated for the purpose).
 * SRI Consulting Business Intelligence (SRIC-BI), a company which
 the VALS brand that has propriety methodologies and technologies to
 segment and understand consumer behaviour based on psychographics
 To expand globally in the knowledge domain through quality media
 products and services
 Key Points
 A De-risked Business Model
 With a balance in the print and non-print business as well as a
 between the media products and media services, CyberMedia straddles
 complete value chain and therefore is not dependant upon the decline
 any one part of its business.
 Market Leadership Position
 CyberMedia's publications reach out to 1.2 million readers and 0.5
 million online community. Its publications are considered leaders in
 their respective categories and enjoy strong brand equity in the
 Information, Communication & Technology (ICT) industry. CyberMedia
 gives prestigious awards to key industry performers and also ranks
 companies annually e.g., DQ Man of the Year, DQ Top 20, PCQuest
 Choice and Voice&Data Man of the Year, Biotech etc.  These awards
 been benchmarks for corporates in the respective IT, telecom and
 technology areas.
 Focussed Strategy
 CyberMedia has always looked at a focussed strategy. It started off
 IT, expanded into ICT area and is now expanding in the knowledge
 domain. Due to this focus, CyberMedia has been one of the media
 that has withstood the downturn in the ICT industry in the year 2001
 and 2002. This is primarily due to the distinct segmentation of each
 the publications and clear focus on the target audience. These two
 factors have assisted the Company in maintaining its readership and
 advertising rates for each of the publications.
 Intellectual property
 CyberMedia has substantial intellectual property through the content
 that it has been generating primarily in-house over the last 22
 across a variety of sectors and various media including Internet
 CyberMedia has an extensive database of the key players in the IT,
 telecom and biotechnology industries in India to whom it circulates
 publications. This ensures a qualified readership and helps it in
 attracting and charging a premium for advertising.
 One of the core strengths of the Group is the quality of original
 content generation. Apart from in-house research, content is also
 generated through CyberMedia News and CyberMedia Labs.
 Industry Relationships
 With diversification and strong industry position in publications,
 research, events, multimedia, TV and new initiatives in education
 BPO publishing, CyberMedia has developed strong relationships with
 companies, both Indian and multinationals, in the IT industry. The
 Company has the ability to leverage these relationships to address
 various client needs including advertising, event participation and
 recruitment among others. This has enabled the Company to be a
 content and service entity for the entire Indian IT, telecom and now
 biotechnology and consumer electronics industries.
 Professional Management
 The Company is professionally managed with an extensive management
 structure and enjoys a very low employee turnover. Most of
 senior personnel have been with the Company for over 5 years. Each
 the heads of businesses enjoys flexibility in business
 and is also responsible for growth and profitability of each
 Marketing and Distribution Network
 The Company enjoys a wide distribution network across the entire
 country. CyberMedia has arrangements with established distributors
 across India including:
 * India Book House (IBM), the country's largest distributor of print
 * AH Wheeler & Co (AHW) covering all railway stations across India
 * Malik News Agency in Dubai
 Recognitions and Testimonials
 One of the most eagerly awaited issues is the July issue of
 every year. The annual survey helps position various companies in
 of how they are doing, how they are not doing, where they are
 where they are not winning- Azim Premji, Chairman Wipro Ltd
 I have been reading DataQuest for the last 20 years. I think it had
 done a great job in chronicling the travails, the achievements, and
 challenges of the Indian IT and software industry- Nandan Nilekani,
 MD, Infosys Ltd
 DataQuest has been the first journal in IT and it has remained on
 top all these years. And it will remain at the top because it has
 very sensitive to the needs of the IT industry- FC Kohli, Deputy
 Chairman, TCS Ltd
 I look forward to reading Voice&Data. It's played a very positive
 in the Indian communications industry- Sunil Mittal, CMD, Bharati
 Voice & Data has been very attentive to the telecom operators, and
 been successfully able to project their many concerns and desires-
 Vinod Vaish, former DoT Secretary
 Voice & Data has played a pioneering role in monitoring and
 telecom scenario in India- Prithipal Singh, former CMD, BSNL
 BioSpectrum has had a great beginning, wish you an exciting future-
 Dr R A Mashelkar, CSIR
 BioSpectrum has played a pioneering role in raising the profile of
 IndianBiotechnology. BioSpectrum comes across as a responsible and a
 well researched publication that compares well with its
 counterparts. CyberMedia must be congratulated on taking this bold
 initiative of bringing out a monthly dedicated to a nascent sector
 Biotechnology which today enjoys a large readership across industry,
 government and academia- Kiran Mazumdar Shaw, CMD, Biocon
 BioSpectrum has excellent content and get up- Dr M S Swaminathan,
 Father of Green Revolution
 BioSpectrum is fulfilling biotech information gap with excellent
 content- Dr Manju Sharma, ex-Secretary, Department of Bio Technology
 The DQ Week is an excellent publication which highlights the
 and areas of concerns for the channel community very effectively- JP
 Modi, Chairman, Delhi Computer Traders Association:
 These days, cases of frauds are happening quite regularly. By
 highlighting these cases, The DQ Week is doing a noble cause for the
 channel community- Shivkumar Bajaj, President, Coimbatore Computer
 Dealer's Association:
 It's a huge event, a very impressive one, so I think we can see many
 more opportunities and further cooperation, further links and that's
 why, the British Government is taking this event so seriously and
 regarding it as so important- Stephen Timms, Minister for eCommerce
 Competitiveness, UK on Bangalore event
 SOC @ IMI ranked as India's eighth-best niche school in the Outlook
 annual survey of top 50 management schools in India - 15 September
 PCQuest, launched in 1987, is India's most influential IT magazine
 (IMRB I-Tops survey 2003)
 CIOL is India's largest IT related portal in terms of content and
 business potential that it offers - Mediaturf Worldwide
 Group Structure
 Each of the businesses has been segregated into various SBUs,
 to retain business focus and understand and retain profitability of
 each unit. Besides the information provided here, CyberMedia also has
 100% subsidiary named Cyber Holdings Ltd., which is yet to carry out
 any substantial activity.
 Key Milestones
 Key milestones of CyberMedia over the years are set out below:
 Year   Milestone                                             
 1982   Founded Dataquest, the first computer magazine in India
 1987   Founded IDC (India) in association with IDC USA
        Launched PCQuest, one of the leading PC user magazines in
 1991   Began Events to provide direct contact between users and
 1994   Launched Voice & Data, leading magazine in India for the 
        telecom and data communications industry
 1995   CyberMedia TV prepares TV programmes on IT
 1996   Began Cyber India Online,, the leading 
        IT portal in India
        Set up first IT newspaper in India, the DQ Week Chennai
        Initiated an IT magazine for the family, Computers @ Home
 1997   Started CyberMedia Digital (formerly known as Cyber
        a leading distributor and publisher of multimedia in India
 1999   Launched DQ Channels India to serve the distributors,
        and IT dealers
 2001   Established School of Convergence, the first, institute of 
        converging media education in India
 2003   Launched BioSpectrum, India's leading magazine in the 
        biotechnology space Repositioned Computers @Home as 
        Living Digital
        Launched CyberMedia Services for Content BPO Services
        CyberMedia Research focuses on the entertainment industry
 2004   JV with Dice Inc.
 2005   Tie up with SRI Consulting Business Intelligence for consumer
 -Cybermedia (India) Ltd is entering the capital market with a public
 issue of 28.23 lakh equity shares of Rs 10 each. The IPO, priced at
 Rs 60 per share, is expected to help the company raise Rs 16.94
 crore. The issue opens on May 4 and closes on May 9. Khandwala
 Securities Ltd are the sole lead managers to the issue.
 -Cyber Media has been informed by its Joint Venture Partners, Dice
 Inc, partners in the Company's JV Company (Cyber Media-Dice Careers
 Ltd) that they have been acquired by General Atlantic LLC &
 Quadrangle Group LLC.
 -JV with CMP for Global Services
 -JV with ExpoMedia for CyberMedia Events
 -Cyber Media acquires 49% stake in US-based content services company
 Publication Services, Inc.
 -CyberMedia Expands Globally - Acquires Strategic Stake in Computer
 -Living Digital becomes Indias first magazine to go completely
 -CyberMedia launched DARE: A New magazine for the Entrepreneurs
 -LexisNexis in alliance with CyberMedia launched Halsburys Law
 -Cyber Media has acquired the entire equity in UBM-CyberMedia LLC for
 an undisclosed sum and that the business has become a wholly-owned
 unit of CyberMedia doing business as CyberMedia LLC. 
 -The Company has recommended an equity dividend of 5% (five percent)
 -The first Emtech India conference hosted together with MIT's
 Technology Review and CyberMedia. This was the first MIT conference
 outside US
 -Launch of Technology Review India edition
 -The Company appointed Mr. Pradeep Gupta as Chairman and Managing
 Director of the Company.
 -One of Company's wholly owned subsidiary has been changed to Cyber
 Media Research Limited from IDC (India) Limited.
 -Cyber Media India Ltd has informed that Mr. Arun Kumar Dang has been
 appointed as Director of the Company with effect from February 11,
Source : Dion Global Solutions Limited
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