TV18 - Indian Broadcasting World

NCLT approves merger of TV18 , E18 into Network18

The National Company Law Tribunal (NCLT) has given the final approval for the merger of TV18 Broadcast and e-Eighteen.com (E18) into Network18 Media and Investments, in a significant step towards creating India’s largest media conglomerate. According to The Economic Times, this development is part of a larger consolidation drive spearheaded b...

Network 18 approved for merger scheme

The National Company Law Tribunal (NCLT) has given Network18 and its subsidiaries TV18 and E18 the go-ahead to proceed with their composite scheme of arrangement. In its order dated June 5, the Mumbai bench of the NCLT directed the three applicant compa...

TV18, E18 merge with Network18; Viacom18 will be a subsidiary

India's TV18 Broadcast will merge with Network18 Media & Investments in a $1.2 billion deal that will help the Reliance-owned companies expand their reach and cut costs, according to the companies involved.

The all-stock deal, conveyed via regu...

TV18’s news business soars with 20% revenue growth in Q2 FY24

TV18, India's largest TV news network, has defied industry trends by achieving a remarkable 20 percent growth in revenue during the second quarter of the current financial year. The network reported a revenue of Rs 357 crore in Q2 FY24, a substantial increase compared to Rs 298 crore in the same period last fiscal. This exceptional growth can...

Debkumar Dasgupta quits IndiaCast

IndiaCast Media Syndication head (Middle East-Africa) Debkumar Dasgupta steps down from his post after a long stint of over two decades, said in his LinkedIn post. He will be in the company till December 31, 2021. Dasgupta was currently posted in Dubai a...

Rituparna Bhuyan moves to HUL from CNBC-TV18

Journalist Rituparna Bhuyan has recently moved to Hindustan Unilever Limited from CNBC-TV18. The announcement was made by his Twitter post where he shared, “#ProfessionalUpdate, New Day, New beginnings, will be joining #HindustanUnileverLtd Thrilled at the opportunity to work under the guidance & m...

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!