Network18

Network18 Media & Investments gets 3 months extension for convening AGM

Network18 Media & Investments, which owns Reliance Industries' media assets, has received a three-month extension for convening its Annual General Meeting for FY24. The Registrar of Companies (RoC) on Tuesday granted its approval for extension of time for holding the AGM, accepting the application of the company, according to a regulatory filing from Network18 Media. Reliance is in the process of merging its media assets, including Network18 with global media giant The Walt Disney Co India business, which will create the country's largest media empire worth over Rs 70,000 crore. "This is to inform you that pursuant to the application filed by the company for extension of time for holding the 29th AGM of the company for financial year 2023-2024, Ministry of Corporate Affairs (office of the Registrar of Companies, Mumbai ) vide its order dated September 17, 2024, granted its approval for extension of time for holding the AGM," it said. Media ventures of Reliance are housed in ...

Viacom18 delivers historic Olympics presentation, streaming breaks records

For the first time, Olympics coverage in India was presented across 20 concurrent feeds, on JioCinema for free, as fans watched their preferred action and Indian performances

Network18 Q4 results: TV news revenue up 28% to Rs 461 crore Y-o-Y

Revenue for the full financial year stood at Rs 1,556 crore, up 24% from Rs 1,252 crore at the end of FY23

Network18 group announces consolidation of TV, digital news businesses

Network18 Media & Investments Ltd and TV18 Broadcast Ltd on Wednesday announced a consolidation of their TV and digital news businesses. The two companies announced a scheme of arrangement under which TV18 Broadcast (TV18) and e-Eighteen.com Ltd (E18), which owns and operates moneycontrol website and app, will merge with Network18. "The proposed scheme will consolidate TV and digital news businesses of the Network18 group in one company and will help create India's largest platform-agnostic news media powerhouse with the widest footprint across languages, straddling both TV and digital," the companies said in a statement. It will enable Network18 to consolidate and further grow its business from a position of strength. This will present a unique opportunity to all shareholders to participate in the media business of the group through one listed entity, the statement added. As part of the scheme, the share exchange ratio has been fixed at 100 shares of Network18 for every 172 ...

Network18 posts Rs 76.8 mn net loss in December quarter amid ad slowdown

BENGALURU (Reuters) - India's Network18 Media & Investments reported a third-quarter loss on Tuesday, as the billionaire Mukesh Ambani-backed conglomerate splurged to push up its share of television viewership, while advertisers pulled back on spending.

Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400

CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.

Network18 fourth-quarter net profit up 58% YoY at Rs 61 cr; TV18's down 13%

Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to over Rs 61 crore during Q4FY22.

Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off

Considering that more than a year has passed from the time the board considered the scheme, it has decided to not proceed with the arrangement envisaged in the scheme, Den said in a statement

Network18 Media reports Rs 68-cr net profit for Sept qtr, revenue dow 10%

The company had posted a net loss of Rs 24.68 crore for the July-September quarter a year-ago, Network18 Media and Investments Ltd said in a regulatory filing

Ambani vs Chandra: Media convergence looks set for a new game of thrones

Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.

Hathway Cable, TV18 Broadcast surge 20% as RIL to consolidate media biz

For every 100 shares of TV18, Hathway, and Den, their shareholders would get 92, 78, and 191 shares of Network18

Reliance Industries to merge media, distribution businesses into Network18

Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into Network18 Media & Investments

Sony eyes up to 30% stake in Mukesh Ambani's Network18 after Zee bid failed

Sony, said sources, is expected to evaluate its options carefully owing to regulation around foreign direct investment in media

Network18 reports consolidated net loss of Rs 75.57 crore in Q4

The company had reported a net loss of Rs 39.32 crore in the corresponding period a year ago

Network 18 Q3 net loss at Rs 79.79 cr

The company had registered a net profit of Rs 50.36 crore in the year-ago period,

Network18 posts net loss of Rs 49 cr in Q1

Profitability took a hit on the back of investments in new launches across news, entertainment and digital domains

Network18 to launch 3 regional channels in June

The new brand comes at a time when Network18's English news channel CNN-IBN was rebranded CNN-News18 recently

Network18 Media Q4 net loss at Rs 3.7 cr

However, it swung back into black with Rs 86 cr profit in FY16

Network18 Media Q4 net loss at Rs 3.70 crore

Shares of Network18 Media closed 4.09% up at Rs 44.55 per scrip on BSE