The News Minute | September 30, 2014 | 4.11 pm IST
Hindustan Times owned Mint and Wall Street Journal have ended their content sharing-agreement effective Tuesday, Quartz reported.
Quartz reported that Mint editor Sukumar Ranganathan said in an email to employees: â€śIt doesnâ€™t change anything (weâ€™d anyway stopped using any significant amount of content from WSJ several years ago), other than necessitating the removal of WSJ from the online signatures of some people in the newsroom who continue to use it despite instructions to the contrary.â€ť
It also quoted WSJ Asia publisher Mark Pope in an internal memo: â€śFollowing discussions with HT Media, we have decided to conclude our agreement with Mint, under which WSJ provided daily business and financial content to the print publication. Our separation will be effective today, and extends to all contractual agreements, such as the ability to sell display advertising into Mint.â€ť
The original agreement was signed in 2006. Mint was launched in 2007. The agreement was extended for three years after the five-year duration of the agreement period expired. However, when this period was over, neither party appeared interested in continuing the agreement.
For more on the trajectory of Mintâ€™s establishment and growth, see Quartz and Medianama