Kenya's top Daily Nation and The Standard newspapers in trouble as sales dwindle patheticallyA Story by EVANS KANINIPanicky media executives from the two leading newspapers threatened by massive sales drops as new publications come to the fore and informed public turns to the internet for informationCirculation of Kenya's leading daily
publications, The Daily Nation and The Standard, has dwindled pathetically. The two influential newspapers are in deep trouble following technological advancement that has swept the world for several months now. Gone are the days the two media houses ruled the market unrivaled and with influence. Not so anymore! Kenya's first ever free, daily newspaper, X News, is bucking African media trends- with a surge in circulation that has seen the new Nairobi evening newspaper emerge as a large media group in Kenya. Launched on March 11th, this year, X News has already become one of the country’s largest newspapers, by circulation, running only behind longstanding industry leaders- Daily Nation and The Standard, grossly affected also by the tech-savvy Kenyan population now largely gobbling local and international news through cellphones. X News is now distributing over 25,000 copies a day, with
an expected rise to 35,000 by the end of June, and 50,000 a day before
year
end. Another Kenyan daily publication, "The People Daily", has also opted to circulate free of charge, setting in motion an interesting scenario never witnessed before in this East African nation. By
the end of 2014, X News is set to be
the second largest newspaper in Nairobi- Kenya's capital city, running
behind only the Daily Nation, which was launched way back in 1963. The
rapid rise of X News has been
driven by news mix- a radical departure from traditional Kenyan
print content, tightly targeting Nairobi’s youth group aged between 19
to 40 years, the age set forming majority of the city’s population. The
country’s paid-for print
publications have struggled to capture this city youth audience, which
is predominantly well educated, opinionated and tech-savvy. This
has led to a steady decline in
traditional print circulations. According to recent research from the
African Media Barometer, national newspapers in Kenya have seen their
circulation drop steadily in recent years, from around 800,000 copies a
day a few years ago, to a joint circulation of between 350,000 and
500,000
today. The
research reports that the country
is facing a generation that is unwilling to pay for news, generating a
growing need for local newspapers to cover issues that are pertinent and
improve readers’ lives, as opposed to the political and event reportage
that still consumes local daily pages. X News has stepped into this gap with a
fresh news mix that is inspiring, informative, credible and
consumer-driven, giving little space to mainstream personality politics,
and focusing on
social issues and practical ways of improving readers’ well being. The
aim has been to bridge an information gap that sees the youth constantly
searching for practical information and entertainment. The
new newspaper is distributed free
across the city in the late afternoon and early evenings at key matatu
and bus termini within the Nairobi Central Business District, targeted
office
buildings and along key major roundabouts and highways in the city. X News also distributes over 2,000 copies daily to the
University of Nairobi (UoN), the largest university in the country, and
will soon
expand its circulation to other major universities such as the United
States International University (USIU). X News is produced by a dynamic team of
young journalists attuned to the social, cultural and economic needs of
the Kenyan urban youth. The paper focuses on human interest stories and
trendy
lifestyle features giving it a more entertaining feel and longer shelf
life, and setting it apart from the other paid-for dailies. With a more
international focus, and strong sports coverage, the paper offers
popular sections such as 'The Hit List' featuring top city nightclubs
and
restaurants, 'Body Shock' aimed at promoting health education, the
'World Thrill' collection of informative and interesting stories from
across the
globe, and 'Quote It', a series of uplifting and inspiring daily quotes,
among many others. The
paper has already created a buzz
across Nairobi City with many young urban residents offering plaudits on
its feedback pages and social media platforms. Andrew Awiti, 27, a
Public
Policy enthusiast, commends the paper's analysis of current business
topics. “I mostly enjoy the business section and how the featured prevailing business trends can impact on my entrepreneurial ventures,” he said. Magdalyne Kanjejo, 25, a former University of Nairobi (UoN)
student, says she never misses reading the 'X Trending' lifestyle
section. “I normally get useful glamor tips and various fashion
accessories
reviews that help me in my everyday look”, she asserted. A fully integrated X News on-line
platform will be set up in June, with plans underway to expand the publication regionally to cover Kampala, Uganda in 2015. X News is a commercial start-up owned by founder and
publisher and investment
banker Paul Marshall, who owns 30 per cent of the company, with venture
capital support from UK-based Fusion Capital, owning 40 per cent of
X Publishing Limited. Fusion
Capital is a UK-based hybrid business-financing and private equity
house,
designed around the needs of local businesses in the emerging economies
of East and Central Africa. It specializes in Private Equity, Real
Estate,
Fixed Income Securities and Quoted Equities providing efficient
management of liquid funds in the region. The
other shareholders are Hardy Pemhiwa, Managing Director at Amana
Capital Ltd, who
has a 15 per cent share of the company and Mr. Rafique Ebrahim who holds
15 per cent. There are no external interests or other shareholdings in the media company. Quick Quip: Many top and powerful publications abroad hard hit by massive sales drops following the internet revolution, have also folded and decided to go online for survival. Sack a journalist today and he goes online too! Some of us who were dehumanized by inhuman, erratic and corrupt media managers who thought that they were everything in the media world, and that hell would never break loose, can now heave a collective sigh of relief following the internet revolution which has saved us journalists, tamed and humbled tyrannical media managers, particularly here in Kenya! © 2014 EVANS KANINI |
Stats
499 Views
Added on November 26, 2014 Last Updated on November 26, 2014 Tags: Newspapers, News, News stands, News people AuthorEVANS KANININairobi, East Africa, KenyaAboutI am a Kenyan writer, specializing on a variety of human interest stories in general. I write on health, agriculture, democracy, human rights, governance and education. I do have a family constantly .. more..Writing
|