Miscellaneous
Kantipur Media Group buys Autolife and TNM
Kantipur Media Group (KMG) on Thursday announced the acquisition of Softrock (SR) Media Pvt. Ltd, the publisher of two leading monthly magazines—Autolife and TNM (The Nepali Man).Kantipur Media Group (KMG) on Thursday announced the acquisition of Softrock (SR) Media Pvt. Ltd, the publisher of two leading monthly magazines—Autolife and TNM (The Nepali Man).
Autolife is the only English automotive magazine in the country. Highly appreciated for this content, Autolife has everything that auto enthusiasts look for—latest automobile news and updates, exclusive reviews and new launches. The magazine publishes information on automobile dealers, buying guide for prospective buyers, automobile insurance as well as international coverage of auto world.
TNM is the only men’s lifestyle magazine in Nepal. The magazine publishes features on health & fitness, food, music, travel, fashion & styling, sports, and careers.
Autolife and TNM are committed to producing high quality, content-driven products for urban readers.
Launched in 2014, Autolife has a strong online presence (www.autolife.com.np) and is accessible via mobile apps on both iOS and Android devices. Besides exclusive news and updates on automobile world, the website and apps display a complete database of cars and motorbikes available in Nepali market.
Autolife and TMN Founder Ajay Dhoj Thapa said, “I’m thrilled that SR Media has been acquired by KMG. Since its inception, our prime focus with Autolife has been on promoting domestic auto industry by bringing out excellent magazine.”
“With TNM, we focused on inspirational content for our readers with creative layout and photography. As both magazines coming under KMG umbrella, I firmly believe that Autolife and TNM will scale greater heights.”
Speaking on the occasion, Kantipur Publications Assistant General Manager Mahesh Swar said the acquisition of Autolife and TNM would open new avenues for KMG.
“We have made this decision at a time when there is perception in the market that magazine segment is declining. This acquisition is also part of KMG’s initiative to tap the potential of this segment which has strong growth potential.”