Maxposure Media Group Explained

Maxposure Limited
Type:Limited
Industry:Content Creation & Marketing, Inflight Content Service Provider (CSP), Advertising, Content Distribution, Technology
Foundation:Coral Gables, Florida, U.S.
Founders:Vikas Johari and Jorge Arauz
Areas Served:India Worldwide
Key People:Prakash Johari (CEO & Managing Director), Jorge Arauz (Global Editor-in-Chief)
Services:Inflight Entertainment, Digital Content, Video Content, Mobile Apps, Social Media, Augmented Realty, Artificial Intelligence, Magazines, Coffee Table Books, Catalogues, Targeted Advertising, Native Advertising, Content Service Provider, In-flight Wireless Streaming Server, Technology, Meta Data Services, Encoding Services, Editing Services, Translation
Num Employees:100 to 250[1]
Location Country:India

Maxposure was founded by Vikas Johari and Jorge Arauz in Coral Gables, Florida. The CEO & Managing Director is Prakash Johari. Maxposure is headquartered in New Delhi  with offices in Mumbai, Chennai, Bengaluru and Kolkata.

History

Foundation

Maxposure was incorporated in Coral Gables, Florida in 2006 by Vikas Johari and Editor-in-Chief & Editorial Director Jorge Arauz. The first office was set up at 1111 Lincoln Road, South Beach, Miami. The pilot issue of the flagship magazine, ANDpersand (a.k.a. &) was created from a dorm room at the University of Miami, where Johari and Arauz studied.[2] Later that summer, Maxposure entered India with the incorporation of Maxposure in New Delhi. In Fall of 2006, an Indian edition of ANDpersand was launched as a quarterly in Mumbai.[3]

Expansion

2006 - 2011

In addition to ANDpersand, Maxposure has launched various publications in different genres including AndMore (fashion & style), Forms (interior design & architecture) and The BEAT (city & lifestyle). The company has in-house creative agency MaXcom;[4] online outsourcing division Maxposure Digital; and events division Equator.

In August 2009, the company began publishing SpiceRoute for SpiceJet Airlines. The in-flight magazine was the second contract publishing project for the company after Beyond Luxury.[5] and in October 2009, Maxposure launched the Indian edition of Italian hair & beauty magazine Estetica. It marked the magazine's 25th international edition.[6]

In June 2010, Maxposure acquired the license for the Indian edition of FHM from Next Gen Publishing Ltd. and Bauer Media Group in the United Kingdom. Maxposure released its first issue of FHM in August 2010 with Lisa Haydon on the cover.[7] FHM is the UK's largest men's lifestyle media brand.[8] In July 2010, it launched Touchdown and the Indian edition of Mercedes Magazine. The former is the official magazine of the Mumbai International Airport and published for GVK. Mercedes Magazine is published exclusively for Mercedes-Benz India customers and was launched by Vidya Balan & Dr. Wilfried Aulbur, Managing Director & CEO, Mercedes-Benz India.[9] In September 2010, MaXposure acquired the rights to publish Elite Life for ICICI Prudential customers.[10]

in July 2011, MaXposure launched Diabetic Living, under license from Meredith Corporation.[11] Further in August 2011, Maxposure began publishing the in-flight magazine for Air India, India's oldest and largest airline. The publication rebranded as Shubh Yatra. It features editorial coverage in both English and Hindi[12] and reaches more than 2.5 million readers monthly.[13] The acquisition positioned Maxposure as India's largest in-flight magazine publisher and the largest custom media publisher in India.[14]

Gruner + Jahr (Bertelsmann) Acquisition & Buyback

On July 1, 2011, the European media conglomerate Gruner + Jahr acquired a 78.75% interest in Maxposure Media Group. Prakash Johari continued to own 21.25% in the company.[15] [16] [17]

During the Gruner + Jahr era, Maxposure added marquee clients for content marketing services like Axis Bank[18] Select Citywalk,[19] Crossings Republik, Credai,[20] Motor India Private Limited, Daimler India Commercial Vehicles,[21] Ashok Leyland,[22] Havells, Lifestyle Stores,[23] Pantaloons Fashion & Retail,[24] DLF Promenade,[25] Ambience Malls,[26] Fashion Design Council of India, Isuzu Motors India[27] and Ministry of External Affairs (India)[28] [29]

On December 5, 2014, the founders bought back their stake from Gruner + Jahr for Rs 40 Crore.[30] [31] [32]

Content Marketing, Patented Advertising medium, Inflight Entertainment and Wireless Streaming Server and expansion in to Media Planning and Buying Services

I. Content Marketing

In March 2015, Maxposure sold its consumer magazines portfolio to focus entirely on content marketing & inflight entertainment content services. Since 2015, Maxposure has been producing in-flight publications and content marketing initiatives for airlines and airports around the world including Vistara, a joint venture between Tata Sons Limited and Singapore Airlines Limited (SIA);[33] [34] [35] GoGetter for GoAir; FLY Smiles for Bangalore-based airline Air Pegasus;[36] Gulf Life for Gulf Air, the national carrier of Kingdom of Bahrain;[37] Nawras for Air Arabia, and AirAsia India's Travel 3Sixty. The company continues to expand content marketing projects with The Oberoi Group, ITC Hotels, Taj Hotels and SalamAir across India & the Gulf Cooperation Council. On August 26, 2019, Maxposure was awarded the duties to transform its retail catalogue (Hello 6E) into a full-fledged in-flight magazine by IndiGo.

Notes and References

  1. Web site: Maxposure Limited . maxposuremedia.com . 2013-03-14.
  2. Web site: Alumni Digest . miami.edu . 2013-03-14.
  3. Web site: 'Andpersand Magazine' to launch in India on September 23 . Afaqs.com . 2006-09-12 . 2013-03-14.
  4. Web site: MaXposure Digital MaxCom. maxposure.in. 2016-02-24.
  5. Web site: Beyond Luxury . Beyond Luxury . 2013-03-14.
  6. Web site: Recent News Videos . Indiainfoline.com . 2013-03-14.
  7. Web site: MaXposure Media Group (India) acquires the license for FHM India from Next Gen Publishing Ltd . Yourchennai.com . 2010-06-10 . 2013-03-14.
  8. Web site: FHM ::: UK Magazine; Magazine Publishers; Subscription . Ukmagz.co.uk . 2013-03-14.
  9. Web site: Mercedes-Benz Launches MercedesMagazine Today In India . Burnyourfuel.com . 2010-07-05 . 2013-03-14.
  10. Web site: News Releases > Estetica forays into The Middle East . Indiantelevision.com . 2013-03-14.
  11. Web site: News > Company Briefs > Diabetic Living now in India . afaqs! . 2011-05-08 . 2013-03-14.
  12. Web site: Air India magazines merged; Maxposure Media to publish Namaskar | Best Media Info, News and Analysis on Indian Advertising, Marketing and Media Industry . Bestmediainfo.com . 2011-04-08 . 2013-03-14.
  13. http://www.airindiamagazine.in/AIR_INDIA.pdf
  14. Web site: 2011-04-27 . Air India's in-flight magazine Namaskaar to be renamed . 2013-03-14 . Afaqs.com.
  15. https://www.telegraphindia.com/?mode=details&id=27785 Gruner + Jahr Acquires Majority interest in MaXposure Media Group, India
  16. http://www.guj.de/en/press/press-releases/gruner-jahr-acquires-majority-interest-in-maxposure-media-group-india/ Gruner + Jahr Acquires Majority interest in MaXposure Media Group, India
  17. http://www.moneycontrol.com/news/business/europes-gruner+jahr-acquires-7875maxposure-media_573188.html Europe's Gruner+Jahr acquires 78.75% in MaXposure Media
  18. Web site: Axis Bank About NRI Services HomeComing Magazine. www.axisbank.com. 2016-02-23.
  19. Web site: Select City Walk Magazine. www.selectcitywalk.com. 2016-02-23.
  20. Web site: CREDAI Times Credai. credai.org. 2016-02-23.
  21. Web site: CV magazine - BharatBenz trucks. bharatbenz.com. 2016-02-23.
  22. Web site: Ashok Leyland Website (Magazine).
  23. Web site: Circle Magazine - Issue IV. www.lifestylestores.com. 2016-02-23.
  24. Web site: Link to Pantaloon Website (Magazine).
  25. Web site: DLF Promenade. dlfpromenade.com. 2016-02-23.
  26. Web site: Ambience Mall Magazine Advertise in Mall Magazine. maxposure.in. 2016-02-23.
  27. Web site: ISUZU.
  28. Web site: MaXposure Media Group Corporate Publisher in India. www.maxposure.in. 2016-02-23.
  29. Web site: MEA India Perspectives. www.mea.gov.in. 2016-02-23.
  30. Web site: MaXposure Media Group founders buy back stake from Gruner+Jahr for Rs 40crore - The Economic Times. The Economic Times. 2016-02-23.
  31. Web site: MaXposure founders buy back stake from Gruner+Jahr.. 2016-02-23.
  32. Web site: MaXposure Media Group buys back stake from Gruner and Jahr. fipp.com. 2016-02-23.
  33. Web site: Vistara Inflight Magazine of Tata Singapore Airlines. maxposure.in. 2016-02-28.
  34. Web site: Vistara appoints Ogilvy as Creative and Maxus as Media agency Best Media Info, News and Analysis on Indian Advertising, Marketing and Media Industry.. www.bestmediainfo.com. 2016-02-28.
  35. Web site: Inflight Magazine Read Vistara Magazine Online. www.airvistara.com. 2016-02-28.
  36. Web site: Fly Smiles Inflight Magazine of Air Pegasus Airlines. maxposure.in. 2016-03-10.
  37. Web site: Gulf Life In-flight Magazine of Gulf Air Airlines. maxposure.in. 2016-03-10.