The Point Reloaded


It seems that the rumors, gleefully repeated by journos in The Jakarta Post, about the demise of the other English-language daily The Point has been premature.

Of late there has been many rumors about how The Point was about to close; how it was having difficulty paying its staff and how the money was drying up.

Apparently not so. Ever the curious cat, Unspun  got wind when something was moving with The Point when he looked at hsi blog stats and found  an unusual number of hits for posts related to The Point. (Lesson for issue managers: if you blog about something enough- see here, here and here -you get first hand dips on sensing something is up with the issue/organization if you see extra number of hits on the postings).

Having acquired the habit of going to source instead of relying on hearsay from his journalism days, Unspun sms’d The Point’s pointwoman in the editorial floor, Riris Irawati. Wassup, asked Unspun, any of those rumors true?

Riris replied that not only were thos rumors untrue but The Point was, in fact, holding a cocktail function on August 20 to officially launch the paper. Not only that but the paper was also holding a seminar on the aviation industry in the morning of that day.

So there to the naysayers of The Point. Not only does it not refuse to die but it is acting like it is functioning on a second wind brought on by new investors. Are there new investors? Riris would not say but she has a dictum on rumors: “Nver confirm or deny rumors!”

So now some people in the rival paper the Post will be a little disappointed that The Point will not be  facing an early death. Others in the Post, however, Unspun knows first hand will be delighted by the news. Their rationale: more competition better – it drives the salaries for journalists up. So here’s to the free market and competition.

5 responses to “The Point Reloaded”

  1. […] Pirates Indonesia: At Wit’s End 29 05 2007 Update: For latest on The Point, see here.  […]

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  2. Still no website (thepoint-daily.com links to their webmail login page). Kind of curious, was there not another business-oriented, English-language daily a few years back? Can’t quite remember the name right now.

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  3. Michel: I think you may be referring to The Observer some years back that was run by Peter Gontha. It tanked during the Economic Crisis.

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  4. Yes, that was it –thanks. the one with the very Gothic, traditional font for their mast, right?

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  5. achmadsudarsono Avatar
    achmadsudarsono

    Folks,

    Don’t think the Point have the guts to take on the Jakarta Post. History shows that a newcomer taking on a healthy, established, reputable, and dominant title, requires an indefinite period of losses. That’s what Rupert Murdoch has planned for the Financial Times, and he’s already starting from a much stronger position than the Point.

    Anecdotal accounts around town are that the Point is cutting costs, offering cheap deals, trying to pick up sub-discount, crappy and unprofessional sub-editors from Jalan Jaksa just because they happened to have grown up in outer, outer London (or wherever), and are in Indonesia.

    Whatever the complaints about the Jakarta Post — they’ve done an amazingly consistent (consitently inconsistent, perhaps), job over the last 20 years, achieving the basics of newspapering for a big town.

    Unspun mentioned the Observer. That’s the position the Point is stepping into. To take on the Post, they’ll have to:

    * Deliver a string of front-page scoops over the next year.
    * Offer better delivery and extras, sunday edition etc.
    * Offer classier commentary and insight on the editorial pages.

    Can anyone see it happening ?

    My prediction is that they’ll eventually tank. It could take 2, 3, or even 5 years, depending on how much money the owners want to lose.

    But it takes more than the whim of an Indonesian conglomerate ego to win an ubrban newspaper war.

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