TV18 Undertakes Major Restructuring; About 200 Staffers To Get Laid Off
Television Eighteen is laying off 12% of its permanent staffers (about 200 people, according to a company source) as part of a major restruc…
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Korea’s GS Home Shopping Invests $18.5 Million In HomeShop18, Valuing The Firm At $123 Million
South Korea’s GS Home Shopping, the world’s third largest home shopping network (as per this release), will invest $18.5 million in HomeShop…
Roshan Tamang Quits Web18 As VP; Headed To Indiatimes?
Roshan Tamang, VP for news, sports and entertainment at Web18, has resigned. This is his last week at the Network18 Group firm. Tamang confi…
Ratings Update: Colors Gain Lead Over Competition; Corners 27% Marketshare
For the past few months, Star Plus, Zee and Colors have been playing musical chairs with the top three slots in GEC ratings, with marketshar…
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Nokia Growth Partners Invests $10 Million In Web18
Nokia (NYSE: NOK) Growth Partners, an investment fund owned by Finnish mobile handset maker Nokia Oyj, has invested $10 million (Rs48 crore)…
The Financial Express, NDTV Profit In Talks For Content Partnership
Business news channel NDTV Profit and business daily The Financial Express are in talks to forge a content partnership. NDTV Profit is run b…
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Ratings Update: ET Now Ahead Of NDTV Profit In Metros; Captures 26% Market Share
In exactly two months from launch, ET Now, the business news channel from Bennett, Coleman & Co. Ltd, has toppled NDTV Profit to become the…
Breaking: Network18 To Acquire Majority Stake In AIM-Listed Indian Film Company
Network18 Holdings, a subsidiary of Raghav Bahl-promoted Network18 Media and Investments Ltd, will acquire a majority in The Indian Film Com…
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Colors Turns One: A Year Of Unprecedented Churn In Indian Television
When Colors was launched this day last year, messrs Raghav Bahl, Haresh Chawla and Rajesh Kamat of Network18 were repeatedly asked: do you t…
TV18 Net Down 350%; News Operation In Losses, Web Revenue Grows
Television Eighteen India Ltd has posted a consolidated net loss of Rs40.6 crore, more than four times from the net loss of Rs9 crore during…
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A New Channel Is Born: ET Now Goes On Air With ‘The Economic Times Advantage’
After a rather long wait, ET Now, the fourth English business news channel in India, went on air this morning as part of a phased rollout an…
Industry Moves: Urban Eye Founder Rishi Khiani Steps Down As COO At Web18
Thirty four-year-old Rishi Khiani, who sold his Urban Eye Media to Network18 Media and Investments Ltd in 2006, has stepped down as chief op…
Network18 Raises Rs204.92 Crore Via QIP; Print Plan On Hold, Says Raghav Bahl
Network18 Media and Investments Ltd, the Raghav Bahl-promoted holding company of the Network18 group, today said it has raised Rs204.92 cror…
SAIF Partners To Infuse Rs120 Crore In Network18; QIP Of 2.5 Crore Shares To Follow
Hong Kong-based, Asia-focussed private equity firm SAIF Partners, which has in the past invested in Indian companies such as Homeshop18, Mak…
GEC Update: Star Plus Slips To Third Position In TAM Ratings, Trailing Colors, Zee
News Corp.-owned Star Plus, which reigned on top of the GEC ratings chart undisputed for nearly a decade, has now slipped to the third posit…
Two Major Business News Brands Debut In India: WSJ, Forbes
This week, two of the most recognized business news brands made their India debut. A facsimile edition of The Wall Street Journal Asia hit n…
TAM Data Says CNN IBN Was Most Watched As Poll Results Unfolded
News channels take elections very seriously. Election coverage is to general news channels what budget coverage is to business channels–the…
Network18 In Talks With Foreign Financial Investors For Stake Sale
Network18 Media and Investments Ltd, the group holding company of Raghav Bahl-promoted Network18 group, is in discussions with foreign finan…
News Viewership Surged On Poll Day; AajTak, NDTV 24×7 Most Watched
It comes once in five years and the minute by minute swing in fortunes and the import of the whole affair makes it a television event way mo…
Markets Rejoice Poll Outcome; Media Stocks Rise In Line
Reacting to the outcome of general elections that were known Saturday, India’s markets breached the upper circuit within a minute of opening…
TV18 Board Approves Rs510 Crore Rights Issue; Proceeds To Be Used To Repay Debt
Television Eighteen India Ltd today said its board has approved a rights issue of Rs510 crore and that promoters have undertaken to subscrib…
Updated: Financial Times To Launch Facsimile Edition In India
Update: An FT spokesperson has confirmed the development. “The Financial Times has submitted an application to the relevant Indian regulator…
TV18 Gets License To Publish Forbes India Edition; To Hit Newsstands In May
TV18 India Ltd has received the requisite license from the ministry of information and broadcasting to publish the Indian edition of Forbes…
Infomedia 18 Acquires Local Review Website Burrp!
In an intertesting development, publishing firm Infomedia 18 Ltd has acquired local reviews website Burrp!. The financial terms of the deal…
It’s Official: Mint, CNBC TV18 In Content Alliance
HT Media Ltd’s business daily Mint and CNBC (NYSE: GE) TV18 have announced a content alliance whereby the two outlets will feature content f…
Hindustan Times Being Redesigned; Mario Garcia On The Job
A comprehensive design overhaul is underway at Hindustan Times, India’s second largest English daily. Renowned newspaper designer Mario R. G…
Varun Singh Confirms He Is Leaving Web18 To Start Open Source Company
Web18
Web18 CTO Varun Singh Is Leaving
Varun Singh, the CTO of Web18, is leaving the company, a source tells us. When we called Singh, he said only:
Reed Business Information Exiting Infomedia JV?
Leading North American B2B publisher Reed Business Information, a unit of Reed Elsevier (NYSE: RUK) Group Plc., may be exiting an Indian joi…
UPDATE: Web18 Files For IPO On Nasdaq; Q-o-Q Drop In Net Loss
Network18 Media and Investments Ltd, the diversified media conglomerate with interests in print, broadcasting, films and Internet, just anno…
Voice Recognition Firm Ubona Funded By Capital 18
Ubona Technologies, a Banglore based business and consumer oriented speech recognition solutions provider has received a Series A investment…
Web18 Revenues Up 41%; Reports Operating Loss Of Rs 5.6 Crores
Web18 revenues were up 41% from Rs 9.3 crores to Rs 13.1 crores year-on-year. However, operating loss reported was Rs 5.6 crores, up 58% fro…
In.Com Out Of Private Beta; Ties Up With More Labels
In.com has come out of a limited beta and is now open to public. Changes include a more comprehensive homepage, additions of more games and…
Viacom18’s Colors Launches Website
Colors, the new Hindi GEC from Viacom18, has launched its site. It’s seems to be still in development mode, with some features such as My Co…
HomeShop18 Raises Rs 90 Crore In Second Round From SAIF Partners and Capital 18
Network18’s investment arm, Capital 18, along with SAIF Partners have invested Rs 21.3 crores ($5million) and Rs 68.3 crores ($16million) re…
Industry Moves: Infomedia-CEO; MakeMyTrip-CMO; Microsoft-Director, Marketing
— Lakshmi Narasimhan, Head of Business Development for Network18, has been appointed CEO of Infomedia India. Readers will remember that Net…
Economic Times, Times Of India Block Google News, In.com
Update: The robots.txt files have been updated, and crawlers are now being allowed.
Update: Mohit Hira, Director of Marketing at Indiatime…
First Look At Web18s Horizontal Portal In.com
While some have been saying that the horizontal portal is waning in influence, Web18, the internet company from the Network18 group is set t…
Web18 Reorganization: Khiani Appointed COO For Content, Thomas COO For Financial Properties
Web18, the Internet and Mobile company from the Network18 group has reorganization its operations into two separate groups: Financial and Co…
Network 18 To Hive Off Cell 18 As Standalone Business Unit
Network 18’s promo and packaging arm, Cell18, will be hived off as a standalone entity, providing services outside of group properties. Whil…
Earnings: Web18s Posts Rs. 28.8 Crores Operating Loss, Rs. 57.3 Crores In Revenues In 2007-08
Web18, the Internet and Mobile company of the Network18 group, has reported an operating loss of Rs. 28.8 crores for the financial year 2007…
Kotak Buys FT Stake In Business Standard; FT To Launch Financial Daily With Network 18
Like we predicted, Network 18 is all set to launch a financial daily in partnership with Financial Times, the new title is expected to hit s…
Web18 Buys In.com; Is Active18 Being Rebranded?
Web18, the online and mobile company from the Network18 group has bought the domain name In.com, contentSutra has learned from multiple sour…
Network 18 To Launch Multiplexes
In accordance with their stated plans of being a full service media conglomerate with interests in all stated mediums, Network 18 has announ…
Greycell 18 To Launch With Topper; TV and Internet
[by Cerius Shah] With a bevy of IIT’ians and IIM’ians as host and anchors, Greycells18 Media has announced the launch of its TV channel Topp…
Promoters To Increase Stake In TV18
Just a few months after NDTVs promoters made an open offer for stake in NDTV Ltd., the promoter group of TV18 is looking to increase its hol…
IBNlive Launches Student Blogs; Not Using Enough Citizen Journalism Content
IBNlive, the website for TV channel CNN-IBN, appears to have taken to Citizen Journalism in a big way. The site, which earlier allowed their…
Web18 Launches Biztech2tv
[By Cerius Shah The enterprise technology sub-brand of Web 18, Biztech2, has launched Biztech2tv. The site already had a text version of the…
Capital18 Invests In Tangerine Digital Entertainment
Tangerine Digital Entertainment, a media and entertainment company, has received funding from Capital18, the investment arm of the Network18…
Report: Web18 To Dilute 10-15 % Equity Via ADR
Web18, the Internet and mobile company of the Network18 group is looking to dilute 10-15 percent equity, reports Indiantelevision.com, quoti…
Earnings: Web18 Reports Rs. 7.19 Crore Q3 Operating Loss On Account Of Increase In Investments
Web18, the Internet and Mobile company of the Network18 group, has reported an operating loss of Rs. 7.189 crores for third quarter of 2007…
Web18 Launches E-Commerce Portal Storeguru; What About Homeshop18?
Network18 now has two competing e-commerce businesses in the online retail space. Web18, the Internet and Mobile company of the Network18 gr…
STAR, BCCL To Launch Home Shopping Business: Report
After Network18’s HomeShop18, another home shopping network is reportedly in the works. Business Standard reports that STAR India and the Ti…
IBN Parent Gets Govt Nod To Raise Rs 500 Crores; Sell 26 Percent Stake
Something about Rs 500 crores these days…the number is in fashion. First Naukri.com parent decides to raise the amount, and now Global Br…
Forbes To Launch A Biz Mag In India With TV 18
Does India need more business magazines? (It can certainly use better quality, if nothing else). TV18 will be launching a business magazine…
TV18 Acquires 40 Percent Stake In Infomedia India For Rs. 178 Crores
The Network18 acquisition machine rolls on, finally entering the print space with group company TV18 acquiring 40 percent stake in BSE liste…
Capital18 Acquires Stake In Webchutney
You’re reading it here first: ContentSutra has learned from sources that Network18 Capital18 has acquired a majority substantial (not majori…
Network18 To Invest $90.5 Million In JV With Viacom
Viacom (NYSE: VIA) has formalized its joint venture with Network 18 – Viacom 18 Media Pvt Ltd. The 50:50 joint venture will receive around $…
This Portal Launching Frenzy…
I just don’t get this portal launching frenzy among media companies – for both NDTV Convergence and Web18. Over the past year or so, Web18 h…
Web18 Launches Josh18, Revamps CricketNext
— Web18 has launched a Hindi language news and entertainment portal called Josh18. The site features news content sourced from Network18’s…
Application Roundup: STAR-Yatra; Moneycontrol-Markets On Mobile
— STAR India has signed a 12 month alliance with Online Travel Agent (OTA) Yatra.com to offer air travel reservations, hotel bookings etc o…
Online Film Fest: PassionForCinema; Buzz18 Ties Up With PNC
Cinema fansite and blog Passionforcinema (PFC) has announced the launch of PFCOne, an online film festival which will be judged by directors…
TV18 Acquires 35 Percent Stake In Mobile Retailer MobileNXT
MobileNXT Teleservices, a Bangalore based mobile retailer has divested 35 percent of stake to TV18, reports Business Standard. MobileNXT wil…
TV18 Group Rebranded Network18
The TV18 Group has been renamed Network18, encompassing businesses including TV18, GBN, Web18, Homeshop18, Viacom18, Studio18, Events18 etc,…
Web 18's Mantha Not Too Positive About Mobile TV For Now
Surya Mantha, CEO of Web 18, writes on agencyfaqs.com that one major hurdle for mobile TV in India will be inadequate battery life. “If peop…
Neeraj Sanan Appointed Web18 Marketing Head
Neeraj Sanan has been appointed Marketing Head of Web18, TV18’s Internet and Mobile company, reports Indiantelevision. Before joining Web18,…
Bigtree Tries To Play Ticketmaster With BookMyShow
Bigtree Entertainment, an attempt at doing a Ticketmaster in India, has launched an online ticket booking site called Bookmyshow, reports IB…
Raghav Bahl Funded Tangerine Digital To Launch Youth Portal – Campus18
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Network18 For Rs. 2 Billion Rights Issue; Q1 Loss Of Rs. 42 Million
Network18 Fincap, the holding company for TV18 and GBN intends to raise Rs. 2 billion via a rights issue, reports Indiantelevision. The mone…
TV18 To Buy 50% Stake In MTV India For Rs. 200 Crore
The Television Eighteen Group (TV18) is picking 50 percent equity stake for Rs. 200 crore in MTV Networks India (MTVI), a unit of U.S. media…
Viacom18 To Launch An Online Music Store
Viacom18 plans to launch an online music store reports TV18 group publication Moneycontrol, though no details are specified, since the repor…
Moneycontrol Provides Financial Information To Hutch Subscribers
Web18’s financial news portal Moneycontrol.com has tied up with mobile operator Hutch to provide stock market related information, reports t…
