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Last week of India Today’s Southern editions, writes Aroon Purie
MUMBAI: After revealing his group’s decision to shut down the Southern editions of India Today, group chairman and editor-in-chief Aroon Purie has written a letter to the employees mentioning that this week will be the last edition from the South.
Purie sent a letter undersigned by him in which he mentioned that running the magazine in these three languages was becoming virtually impossible and India Today group couldn’t absorb the huge losses.
In his letter to the staff, Purie wrote, “The India Today weekly editions of Tamil, Telugu and Malayalam have been incurring loss for over two decades. We have been absorbing the losses so far in the hope that they will turnaround. After great deal of deliberation, we have come to the conclusion that we don’t see the viability of these editions in the foreseeable future. It is, therefore, with a heavy heart that we have decided to discontinue these editions. This week will be the last edition from the South.”
“As we work through the change, I assure you that any exiting employee will be fairly compensated,” he assured.
Purie added that the office in Chennai will now be a smaller bureau. Some colleagues who are already contributing to the English edition will be retained in ITE and be part of this bureau.
India Today also publishes magazines like ‘Women’s Health’, ‘Men’s Health’, ‘Auto Bild’, ‘Money Today’, ‘Good Housekeeping’, ‘Cosmopolitan India’, ‘Business Today’, ‘Readers’ Digest India’, and ‘Gadgets and Gizmos’.