News18 India is an Indian Media television channel owned by Network 18.It was launched in 2005 as Channel 7 by Dainik Jagaran and acquired in 2006 by Network 18 and rebranded IBN7. In 2015, it acquired all the non-Telugu television channels from the ETV Network. Network18 news channels reach 19 crore viewers each day 42 cr viewers watched Network18 channels in a week. Further to capture benefits arising out of digital and cloud and other emerging technologies, it is imperative for the group to have consolidated business entity. [3], At its peak, the Network18 Group has included media and internet-based media outlets such as in.com, IBNlive.com, Moneycontrol.com, Firstpost.com, Cricketnext, Homeshop18, bookmyshow.com, print magazines such as Forbes India and Overdrive, TV channels such as Colors and some in partnership with international media groups such as NBC, CNN, IBN7, MTV, Nickelodeon, and CNBC. The shares of the company of face value of ₹5 each opened at ₹312.10 at the NSE and at ₹300 at the BSE. Breaking News: Uday Shankar to step down as President, The Walt Disney Company APAC and Chairman Star & Disney India, JioSaavn partners with Nestle KitKat for a multi-channel activation, News Update: Aaj Tak dials into Bihar elections with the launch of ‘Hello Kaun’ song, Star Vijay launches music channel ‘Vijay Music’, Chandramouli Venkatesan passes away, industry mourns, Star Bharat launches dramedy ‘Gupta Brothers Chaar Kunware from Ganga Kinaare’, Zee launches lifestyle channel ‘Zee Zest’, where one can ‘Unlimit’ life through its line-up of shows, India’s top brands want news channels to stop being toxic, warn they could pull the plug on advertising. Tirelessly our frontline reporters, editors, camera persons, technicians and support staff have been bringing round-the-clock coverage of news, and the numbers are here to proclaim our network’s strength. We believe, in such times, the strength of a network comes to play to its best. Network18 undertakes the digital and publishing side of the business and TV18 contains the television assets of the group. ETV-News Rajasthan, ETV-News Bihar, ETV-News MP, ETV-News UP, ETV-Urdu, ETV-News Bangla, ETV-News Kannada, ETV-News Haryana/HP, ETV-News Gujarathi and ETV – News Odia are the channels owned and broadcast by the company. Network 18 operates the following channels. In March 2018 TV18 Broadcast has completed the acquisition of 1% additional stake in the joint venture (JV) Viacom18 for $20 million (Rs 127.1 crore) from JV partner Viacom International. Will adding more content to your website improve your SEO? The amalgamation is done to get all the channels under one umbrella. Live events: Viacom18 Integrated Network Solutions, National news channels: Hindi: News18 India | English: CNN-News182 Please feel free to share/retweet the article and as always you can write down in the comment box below for anything related to the article. For a better understanding of group performance and comparability considering these corporate actions, the financials stated below are being restated and represented by consolidating Viacom18 and Indiacast and excluding HomeShop18 throughout. Viacom18 & Indiacast became subsidiaries of TV18 from 28th February 2018 and have now been consolidated into TV18/Network18 financials. The group was founded and majority owned by Raghav Bahl in 1993, after India liberalised its economy and media ownership laws in early 1990s. TV18. To cover the global audience & sizable NRI population, TV18 operates News18, a twenty-four-hour television news channel designed to give the world largest democracy, the latest news. By using our services, you agree to our use of cookies, Users interact, Shares info, Shares location, Digital purchases, By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments, Banglanews24.com provides news from Bangladesh every moment 24x7. As stated in clause above, no shares of the listed company (i.e. The shares of the company of face value of ₹5 each opened at ₹312.10 at the NSE and at ₹300 a… News18 is the flagship digital news destination of Network18, India’s largest news and media conglomerate, and is also the digital face of the News18 network’s leading television news channels that include market leaders such as CNN-News18, News18 India, News18 Lokmat, News18 Bangla and many more. Upon the coming into effect of this Scheme the TV18 shall account for the amalgamation in its books as per the applicable accounting principles prescribed under Indian Accounting Standard (Ind AS) 103 and /or any other applicable Ind AS, as the case may be. [12] In July 2014, the ownership was transferred to Independent Media Trust. © 2020 JNews - Premium WordPress news & magazine theme by Jegtheme. In addition, TV18 shall pass such accounting entries, as may be necessary, in connection with the Scheme, to comply with any of the applicable accounting standards and generally accepted accounting principles adopted in India. [6] Since a restructuring in 2020, it is now the parent company of TV18, DEN Networks and Hathway Cable and Datacom. An initiative that was much appreciated by the viewers. Viacom will continue to own 49% stake in the JV. All transferor companies are direct or indirect wholly-owned subsidiaries, of the transferee company. Through its JV Viacom18, it also operates a number of entertainment channels across genres, including leading premium local channels like Colors, Nickelodeon and MTV. In 2015, it acquired all the non-Telugu television channels from the ETV Network. Network18’s listed subsidiary TV18 owns and operates the largest network of channels – 53 in India spanning news and entertainment. As a majority partner, TV18 feels it can drive value-addition and synergies across the multi-platform group comprising broadcast, digital, filmed and experiential entertainment and media businesses. Table 3: Financials as on March 31, 2017 (all on standalone basis)                                    Rs in Crores, *Figures for IBN18 are converted into Rs by using exchange rate as 1 USD=67 INR. Upon the Scheme of Amalgamation taking effect, the entire issued, subscribed and paid-up share capital of the transferor companies shall get cancelled and no new shares of the transferee company will be issued in lieu thereof, as all the transferor companies are wholly-owned subsidiaries of the transferee company. On 31 January, TV18 has entered into a definitive agreement with Viacom’s MTV Asia Ventures to purchase the addition 1% stake. Through a strong fleet of 20 news channels, the Network maintains its undisputed leadership when it comes to reaching. Lockdown announcement by India’s PM on Tuesday garnered 19.46 Cr viewers on news channels of Network18* (Source: BARC India | Mkt: India | TG: 2+ | Wk 12’20 (Tuesday) | 20 Network18 news channels | Daily Avg Reach). News portals: Firstpost | Moneycontrol | News18.com, Subsidiaries: Viacom181 (Viacom18 Motion Pictures), Hindi: Entertainment: Colors HD and Colors Rishtey | Movies: Colors Cineplex HD and Rishtey Cineplex | Youth entertainment: MTV HD+ | Music: MTV Beats HD. 1Joint venture with Viacom. TV18 operates India's largest selection of News channels across 15 language and 26 states; with channels like CNBC-TV18, CNBC Awaaz in Business News and CNN News18, News18 India in General News. Be it general news in English or any other 14 main languages of the country, or business news catering to stock and commodity traders, financial analysts, business fraternity and even start-ups, and small and medium enterprises – Network18 is there for you.”.