SRMG to accelerate growth, transformation strategy through new digital approach

SRMG to accelerate growth, transformation strategy through new digital approach
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Updated 17 January 2024
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SRMG to accelerate growth, transformation strategy through new digital approach

SRMG to accelerate growth, transformation strategy through new digital approach
  • SRMG also announced the appointment of several new assistant editors-in-chief and deputy editors-in-chief to sustain high-quality editorial processes

LONDON: SRMG, the largest integrated media group from the MENA region, has announced significant operational changes with the launch of a new exclusively digital approach for Arriyadiyah, AlEqtisadiah and Malayalam News, effective Jan. 19, 2024. Additionally, SRMG has announced the appointment of several new editors-in-chief, deputy editors-in-chief, and assistant editors-in-chief.  

This announcement aligns with SRMG’s digital transformation, growth and expansion strategy, demonstrating the Group’s commitment to nurturing the next generation of journalists and media professionals to meet the demands of audiences worldwide. This decision also reflects the significant shift in regional media consumption habits, particularly with the rising popularity of digital, social and audio-visual media platforms.   

These developments will optimize SRMG’s operational efficiency and support the production of innovative digital products across audio, video and written formats, which in turn will create new and diverse content offerings and marketing opportunities for advertisers across its digital platforms.  

Additionally, SRMG announced several appointments at the editor-in-chief level, empowering the next generation of media professionals and journalists. These individuals have demonstrated the skills and knowledge to meet the evolving demands of SRMG’s diverse audience across different generations, backgrounds and interests. The new appointments include:  

Ibrahim Hamidi has been appointed as Editor-in-Chief of Al Majalla, the Arab world’s leading current and political affairs magazine. With more than 22-years of experience, he has held various editorial positions at Al-Hayat Newspaper, including Director of the publication’s office in Damascus. Since 2017, he has served as a Senior Diplomatic Editor and Writer, covering Syrian affairs at Asharq Al-Awsat. Additionally, he oversaw the digital transformation of Al Majalla, leading to an impressive annual increase of 1704 percent in views.  

Fahim Al-Hamid has been appointed as the General Supervisor of Editorial Affairs for Malayalam News, Urdu News and Independent Urdu. With over three decades of experience in political journalism, Al-Hamid has actively covered Middle East and South Asian affairs, engaging with several political leaders and other prominent international figures.  

Mohammed Al-Bishi has been appointed as the Acting Editor-in-Chief of AlEqtisadiah, in addition to maintaining his current role as Managing Editor of Asharq Business with Bloomberg in Saudi Arabia. Al-Bishi has held a wide-range of editorial positions at Asharq Al-Awsat, AlEqtisadiah, Asharq Business with Bloomberg, which is ranked number one for digital economy news. His extensive economic and editorial expertise has played a pivotal role in the growth of Asharq Business with Bloomberg since its inception. This comes following the latest strategic decision from SRMG to restructure AlEqtisadiah under Asharq Business with Bloomberg, allowing it to focus on the most important global business and economic news and its impact on the region through in-depth high-quality analysis and coverage. 

SRMG has appointed several new assistant editors-in-chief and deputy editors-in-chief to sustain high-quality editorial processes, transfer knowledge and skills, and create innovative media content. The appointees are as follows:  

Mohamed Hani has been appointed as a Deputy Editor-in-Chief of Asharq Al-Awsat, the leading international Pan-Arab newspaper. Hani brings a wealth of experience, having served in various editorial positions at Al-Hayat and currently at Asharq Al-Awsat. He played a pivotal role in the recent revamp of Asharq Al-Awsat, overseeing the media title’s digital transformation and growth strategy by drawing on his extensive experience in modern content management systems.  

Zaid bin Kami has been appointed as a Deputy Editor-in-Chief of Asharq Al-Awsat. He previously served as Assistant Editor-in-Chief of AlEqtisadiah and Director of Economic News at Asharq Al-Awsat. Additionally, he worked as Managing Editor of Asharq Al-Awsat in Saudi Arabia from 2009-2014. He brings extensive experience in both print and video journalism, with a specialization in economics. He has actively participated in several international conferences, showcasing his broad and diverse expertise.  

Noor Nugali has been appointed as a Deputy Editor-in-Chief of Arab News, having progressed through various editorial assignments. Notably, Nugali played a significant role in the launch of the digital version of Arab News in French in 2020. She has also conducted prominent interviews with leading political figures, including US Special Presidential Envoy for Climate John Kerry and Ukrainian Foreign Minister Dmytro Kuleba. Nugali has been instrumental in covering high-level conferences and has been part of the media delegation for His Royal Highness Crown Prince Mohammed bin Salman’s international tours. 

May AlSharif has been appointed as the Assistant Editor-in-Chief of Independent Arabia, having held several editorial positions within the publication, including her most recent role as Supervising Manager of the Riyadh office. During her tenure in the content creation department, AlSharif effectively implemented various projects and documentaries. Additionally, she oversaw the media title’s social media accounts, contributing significantly to the initial stages of the publication’s establishment and development.  

Jomana R. Alrashid, CEO of SRMG, said: “We are proud of SRMG’s achievements over the past three years since launching our ambitious growth and transformation strategy. This strategy was developed to address growing audience demand for accurate, in-depth, credible and high-quality content, and our investments aim to further cement the Group’s rich journalistic history through modern, innovative products and services.” 

Further commenting on this important step in SRMG’s digital transformation, Alrashid stressed that the Group’s growth and expansion strategy is “focused on maintaining our leading role at the forefront of the regional media landscape and reaffirming our commitment to meet the needs of our diverse audiences, utilizing innovative digital platforms.”  


X drops out of global media brands ranking

X drops out of global media brands ranking
Updated 1 min 5 sec ago
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X drops out of global media brands ranking

X drops out of global media brands ranking
  • Twitter’s brand value dropped from $5.7bn in 2022 to $673.3m in 2024   
  • Instagram is the fastest-growing media brand

DUBAI: Social media platform X, formerly Twitter, has dropped out of a ranking of global media brands by UK-based brand valuation and strategy consultancy Brand Finance. 

The consultancy valued Twitter at $5.7 billion in 2022, falling to almost $3.9 billion in 2023 and further declining to $673.3 million in 2024.

Richard Haigh, managing director of Brand Finance, said the rebrand from Twitter to X was a “gamble” that had the potential to provide a “rebirth and propel it (the company) to new heights,” but now “the strategy seems to have been misguided.”

He told Arab News: “It is now evident that Elon Musk’s rebranding of Twitter, and abandonment of a globally recognized name, has resulted in a dramatic and abrupt decline in brand value and strength.”

Moreover, he added, Musk’s strategy to open up a free speech mandate lacked guardrails that would give advertisers confidence that their content would not appear alongside other content that did not match their brand values. 

Haigh said: “These two decisions, intended to accelerate growth, ultimately resulted in a substantial loss of advertisers with ad revenue decreasing from over $1 billion per quarter in 2022 to around $600 million per quarter in 2023 — a steep decline for a brand where ad sales represent about three-quarters of total revenue.”

The report also found that X’s Brand Strength Index score, which measures the relative strength of brands based on factors such as marketing investment, stakeholder equity, and business performance, fell by 12.7 points from last year.

This drop is a reflection of the brand’s “weaker performance in familiarity, reputation, and recommendation metrics, underscoring a major reputational crisis,” Haigh said.

Although he is not optimistic about X’s rebound as a brand, he added: “X continues to be a relevant platform relied upon by millions, thanks to the long-term benefits of a user base and the critical mass it already has.”

He believes that “with careful management and a clear strategy, there remains potential for the X brand to recover and regain its strength.”

One such strategy could be rethinking the name because Twitter had a “distinctiveness that a single letter will struggle to match,” he said.

Secondly, he advised: “X is a business that requires consumers to use it, but also requires businesses to fund it. Trust is a key issue that needs to be addressed.”

Haigh explained that if brands are not confident that bullying, harassment and abuse will not be attached to their messaging, they will not have enough trust in the site to want to advertise. 

The ranking saw Google maintain its No. 1 spot as the most valuable media brand for the fourth consecutive year, followed by TikTok in second place, Facebook and Instagram in third and fourth, and Disney in fifth place.

Instagram was the fastest-growing media brand, with an increase of nearly 50 percent in brand value, while Disney’s brand value dropped by 6 percent, compared to 2023.

Hollywood actors and screenwriters went on strike last year to protest about pay and working conditions which resulted in delays of several productions and loss of revenues for production companies.

Haigh said the strike “significantly impacted Disney’s revenue streams, contributing to its decline in brand value, but Disney+ (its streaming platform) has helped sustain its brand amid a rapidly evolving media landscape.”

The transformation of this landscape is evident in the ranking with Disney being the only traditional media company in the top 10.

The first Brand Finance ranking, which was published in 2015, was dominated by American broadcast media networks with Walt Disney ranking first, ahead of Fox, NBC, TimeWarner and CBS.

However, this year, “there has been a significant shift, with nine of the top 10 brands focusing on platforms other than traditional broadcasting, reflecting a growing trend toward media consumption through social media,” Haigh said.

He added that the media industry had evolved “from a broadcasting model to one centered around narrowcasting, where content is tailored to individual preferences.”

This has been accelerated by the rise of social media platforms that allow users to create and share content on a global scale, as well as technological advancements that enable platforms to provide “highly personalized and targeted media experiences,” he added.

Content that was once the domain of traditional TV channels — such as major sporting events and news — is now easily available online through social media or streaming.

Haigh said: “Despite widespread misinformation, more people are turning to social media for news as it provides diverse perspectives, short-form content, and allows for independent evaluation, unlike traditional media, which often offers a single, agenda-driven narrative.”

The 2023 Hollywood strike further accelerated the shift in the industry, causing a sharp decline in brand values for major US TV networks like CBS (28 percent) and Fox (26 percent), as well as UK networks Sky and ITV, he added.

Netflix, however, remained among the top 10 brands, ranking ninth, despite its brand value declining by 6 percent.

Haigh said: “To stay relevant, traditional media outlets must adapt to this new landscape, where engagement is driven by interactive and algorithm-driven content rather than broad, one-size-fits-all programming.”


German news media demand access to war-torn Gaza

German news media demand access to war-torn Gaza
Updated 17 September 2024
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German news media demand access to war-torn Gaza

German news media demand access to war-torn Gaza
  • ‘Anyone who prohibits us from working in the Gaza Strip is creating the conditions for human rights to be violated. We know the risk. We are prepared to take it. Grant us access to Gaza’
  • Signatories included editors and reporters from Der Spiegel, Die Welt, public broadcasters ARD and ZDF and the German Journalists Association

BERLIN: German news media outlets on Tuesday called on Israel to grant them access to war-torn Gaza, charging that the “almost complete exclusion of international media... is unprecedented in recent history.”
“After almost a year of war, we call on the Israeli government: allow us to enter the Gaza Strip,” a group of newspapers, agencies and broadcasters wrote in an open letter.
They also urged Egypt to permit them entry to the widely devastated Palestinian territory via the Rafah border crossing in the south of the Gaza Strip.
Israel has been at war with Hamas since the October 7 attack launched by the Palestinian militant group in a conflict that has brought mass casualties and destroyed swathes of the coastal strip.
The media organizations wrote that “anyone who makes independent reporting on this war impossible is damaging their own credibility.
“Anyone who prohibits us from working in the Gaza Strip is creating the conditions for human rights to be violated.”
The open letter was addressed to Israeli Prime Minister Benjamin Netanyahu and Egyptian President Abdel Fattah El-Sisi and had been delivered on Monday, they said.
Signatories included editors and reporters from Der Spiegel, Die Welt, public broadcasters ARD and ZDF and the German Journalists Association.
They said they have decades of experience in conflict reporting and wrote: “We know the risk. We are prepared to take it. Grant us access to the Gaza Strip. Let us work, in the interest of everyone.”
The October 7 attack on southern Israel resulted in the deaths of 1,205 people, mostly civilians, according to an AFP tally based on official Israeli figures.
Militants also seized 251 hostages, 97 of whom are still held in Gaza, including 33 the Israeli military says are dead.
Israel’s retaliatory military offensive has killed at least 41,226 people in Gaza, according to the Hamas-run territory’s health ministry, which does not provide a breakdown of civilian and militant deaths.

 


Israeli parliament to debate controversial bill on incitement to terrorism investigations

Israeli parliament to debate controversial bill on incitement to terrorism investigations
Updated 17 September 2024
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Israeli parliament to debate controversial bill on incitement to terrorism investigations

Israeli parliament to debate controversial bill on incitement to terrorism investigations
  • Proposed bill would make it illegal to praise an individual who committed a terrorist act, not just the act itself
  • Legislation to suppress free speech, target Arab citizens for political reasons, rights groups say

LONDON: A controversial bill that would allow Israeli police to investigate alleged incitement to terrorism without prior approval from the Office of the State Attorney is advancing through the Knesset.

Civil rights groups and opposition members of the Knesset have voiced concerns over the proposed legislation, warning that it could lead to abuses of power and restrictions on freedom of speech.

Currently, police must seek approval from the state attorney to investigate such cases, a safeguard intended to prevent broad interpretations of the law that could suppress free expression.

In July, State Attorney Amit Aisman revealed that police had initiated several investigations into incitement or speech-related offenses without proper authorization, accusing officers of “deliberately circumventing” his office’s directives.

The bill, introduced by far-right MK Limor Son Har Melech of the ultranationalist Otzma Yehudit party, passed its first reading in the Knesset in July.

Melech has since added a clause tightening the law, making it illegal to praise an individual who committed a terrorist act, rather than just the act itself.

If the bill is enacted, police could launch investigations based on formal complaints “or in any other manner,” expanding their ability to probe incitement to terrorism.

A scheduled hearing on the bill in the Knesset’s Constitution, Law and Justice Committee was postponed to accommodate scheduling conflicts, with a new date set for later this week.

Criticism of the bill has come from across Israeli society, with many arguing it could be exploited for political purposes.

MK Gilad Kariv of the Labor Party described the legislation as a “powerful takeover” of police powers by National Security Minister Itamar Ben Gvir, an ultranationalist settler leader.

Kariv warned that the bill could lead to “endless investigations” aimed at intimidating political opponents.

Civil rights organizations have echoed these concerns. In April, the Adalah organization, which advocates for the rights of Arab Israelis and Palestinians, urged the attorney general and state attorney to block the bill, warning that it could be used to target Arab citizens for political reasons.


France uses tough, untested cybercrime law to target Telegram’s Durov

France uses tough, untested cybercrime law to target Telegram’s Durov
Updated 17 September 2024
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France uses tough, untested cybercrime law to target Telegram’s Durov

France uses tough, untested cybercrime law to target Telegram’s Durov
  • France uses new law to prosecute Telegram’s Pavel Durov
  • Durov denies Telegram is an ‘anarchic paradise’

PARIS: When French prosecutors took aim at Telegram boss Pavel Durov, they had a trump card to wield — a tough new law with no international equivalent that criminalizes tech titans whose platforms allow illegal products or activities.
The so-called LOPMI law, enacted in January 2023, has placed France at the forefront of a group of nations taking a sterner stance on crime-ridden websites. But the law is so recent that prosecutors have yet to secure a conviction.
With the law still untested in court, France’s pioneering push to prosecute figures like Durov could backfire if its judges balk at penalizing tech bosses for alleged criminality on their platforms.
A French judge placed Durov under formal investigation last month, charging him with various crimes, including the 2023 offense: “Complicity in the administration of an online platform to allow an illicit transaction, in an organized gang,” which carries a maximum 10-year sentence and a 500,000 euro ($556,300) fine.
Being under formal investigation does not imply guilt or necessarily lead to trial, but indicates judges think there’s enough evidence to proceed with the probe. Investigations can last years before being sent to trial or dropped.
Durov, out on bail, denies Telegram was an “anarchic paradise.” Telegram has said it “abides by EU laws,” and that it’s “absurd to claim that a platform or its owner are responsible for abuse of that platform.”
In a radio interview last week, Paris Prosecutor Laure Beccuau hailed the 2023 law as a powerful tool for battling organized crime groups who are increasingly operating online.
The law appears to be unique. Eight lawyers and academics told Reuters they were unaware of any other country with a similar statute.
“There is no crime in US law directly analogous to that and none that I’m aware of in the Western world,” said Adam Hickey, a former US deputy assistant attorney general who established the Justice Department’s (DOJ) national security cyber program.
Hickey, now at US law firm Mayer Brown, said US prosecutors could charge a tech boss as a “co-conspirator or an aider and abettor of the crimes committed by users” but only if there was evidence the “operator intends that its users engage in, and himself facilitates, criminal activities.”
He cited the 2015 conviction of Ross Ulbricht, whose Silk Road website hosted drug sales. US prosecutors argued Ulbricht “deliberately operated Silk Road as an online criminal marketplace ... outside the reach of law enforcement,” according to the DOJ. Ulbricht got a life sentence.
Timothy Howard, a former US federal prosecutor who put Ulbricht behind bars, was “skeptical” Durov could be convicted in the United States without proof he knew about the crimes on Telegram, and actively facilitated them — especially given Telegram’s vast, mainly law-abiding user base.
“Coming from my experience of the US legal system,” he said, the French law appears “an aggressive theory.”
Michel Séjean, a French professor of cyber law, said the toughened legislation in France came after authorities grew exasperated with companies like Telegram.
“It’s not a nuclear weapon,” he said. “It’s a weapon to prevent you from being impotent when faced with platforms that don’t cooperate.”

TOUGHER LAWS
The 2023 law traces its origins to a 2020 French interior ministry white paper, which called for major investment in technology to tackle growing cyber threats.
It was followed by a similar law in November 2023, which included a measure for the real-time geolocation of people suspected of serious crimes by remotely activating their devices. A proposal to turn on their devices’ cameras and mouthpieces so that investigators could watch or listen in was shot down by France’s Constitutional Council.
These new laws have given France some of the world’s toughest tools for tackling cybercrime, with the proof being the arrest of Durov on French soil, said Sadry Porlon, a French lawyer specialized in communication technology law.
Tom Holt, a cybercrime professor at Michigan State University, said LOPMI “is a potentially powerful and effective tool if used properly,” particularly in probes into child sexual abuse images, credit card trafficking and distributed denial of service attacks, which target businesses or governments.
Armed with fresh legislative powers, the ambitious J3 cybercrime unit at the Paris prosecutor’s office, which is overseeing the Durov probe, is now involved in some of France’s most high-profile cases.
In June, the J3 unit shut down Coco, an anonymized chat forum cited in over 23,000 legal proceedings since 2021 for crimes including prostitution, rape and homicide.
Coco played a central role in a current trial that has shocked France.
Dominique Pelicot, 71, is accused of recruiting dozens of men on Coco to rape his wife, whom he had knocked out with drugs. Pelicot on Tuesday testified in court, admitting to his guilt and asking his family for forgiveness. Meanwhile, 50 other men are also on trial for rape.
Coco’s owner, Isaac Steidel, is suspected of a similar crime as Durov: “Provision of an online platform to allow an illicit transaction by an organized gang.”
Steidel’s lawyer, Julien Zanatta, declined to comment.


Russian journalist jailed for anti-war statements starts hunger strike

Russian journalist jailed for anti-war statements starts hunger strike
Updated 17 September 2024
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Russian journalist jailed for anti-war statements starts hunger strike

Russian journalist jailed for anti-war statements starts hunger strike

LONDON: Maria Ponomarenko, a journalist from Siberia serving a six-year prison sentence for speaking out against the war in Ukraine, has declared a hunger strike, according to her publication and a supporter.
The 46-year-old was detained less than two months after Russia’s invasion of Ukraine in 2022 for accusing the Russian air force of bombing a theater in the Ukrainian city of Mariupol.
She was found guilty last February of spreading false information about the Russian military by a court in her hometown of Barnaul in western Siberia.
More than 20,000 people have been arrested across Russia for speaking out against the war, according to rights monitor OVD-Info. While most of those detained are fined and soon released, independent journalists often receive harsher treatment by courts.
Including Ponomarenko, a total of four journalists for RusNews, an online outlet which publishes only in Russian and has little audience abroad, are behind bars. The vast majority of independent media now operate from exile.
Ponomarenko now faces new criminal charges for allegedly attacking guards in the prison where she is incarcerated, according to RusNews.
Yulia Galyamina, a former Moscow city councillor, said Ponomarenko had been placed in an isolation cell after prison officials had falsified inspection reports against her, prompting her to declare a hunger strike at a court hearing on Monday.
“Masha is in a very bad condition,” Galyamina told Reuters, using an affectionate form of Ponomarenko’s first name and speaking by telephone from Barnaul, where she had traveled to attend the court hearings.
“She cried a lot (in court) due to a feeling of powerlessness. She wants to commit suicide even.”
RusNews said Ponomarenko had declared a hunger strike but declined to comment further to Reuters.
Ponomarenko said during a hearing last month she would cut her wrists in protest against the conditions at the pre-trial detention center, RusNews said.
Russia’s prison service did not immediately respond to a request for comment.
The Kommersant newspaper said last year that Ponomarenko had been diagnosed with “hysterical personality disorder” while in detention, and had slashed her wrists. It cited her lawyer as saying she suffered from claustrophobia and had broken a window.
Galyamina, who exchanges letters with Ponomarenko, was herself given a two-year suspended sentence four years ago for organizing anti-Kremlin protests. She was later declared a “foreign agent” and can no longer work in politics.