Network18 Group

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 Media Q3 results: Loss at Rs 107.87 crore, revenue down 4.14%

Network18 Media & Investments Ltd on Tuesday reported a consolidated loss of Rs 107.87 crore for the third quarter ended December 2023. The company had posted a profit of Rs 8.82 crore during the October-December period a year ago, according to a regulatory filing by Network18 Media & Investments Ltd. Its consolidated revenue from operations slipped 4.14 per cent to Rs 1,773.73 crore against Rs 1,850.49 crore in the year-ago period. "Consolidated revenue for the quarter declined 4 per cent YoY to Rs 1,774 crore, primarily due to lower Movie Studio revenue," said an earning statement from Network18 Media & Investments. Its total expenses increased 6.37 per cent to Rs 2,062.53 crore in the December quarter. However, its total income, which also includes other income, in the December quarter inched up 1.56 per cent to Rs 1,930.38 crore. During the quarter, TV network share increased by 30 bps Q-o-Q to 10.8 per cent, driven by the strong performance of Hindi GEC and Movie ...

Tariff order, consolidation to support rally in broadcasting stks: Analysts

New Delhi Television (NDTV), Dish TV, Sun TV Network, and Zee Entertainment outperformed the indices over the last six months by surging between 18 per cent and 95.5 per cent

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.

Network18 Media, TV18 Broadcast tank up to 19% in a firm market; here's why

Reliance and Viacom18, on Wednesday, announced a strategic partnership with Bodhi Tree Systems to form one of the largest TV and digital streaming companies in India

Network18 Media hits over 11-year high on heavy volumes; up 42% in 4 days

In the past three months, the market price of the company has more-than-doubled as against a 0.56 per cent rise in the Sensex.

Network18 Media Q2 profit jumps nearly threefold to Rs 199 crore

Network18 Media & Investments Ltd on Tuesday reported nearly threefold jump in consolidated net profit at Rs 199.27 crore for September quarter 2021-22 driven by improved revenue performance, controlled opex and lower finance costs. The company had posted a net profit of Rs 68.01 crore in July-September period a year ago, the media firm said in a regulatory filing. Revenue from operations was up 30.76 per cent to Rs 1,387.24 crore during the quarter under review, as against Rs 1,060.89 crore in the year-ago period. According to Network18, its both news and entertainment businesses further improved profitability. During the quarter it had a strong revenue growth driven by viewership and the highest ever Q2 revenue (ex-film), grew 29 per cent YoY, said Network18 in a post earning statement. Total expenses surged to Rs 1,189.04 crore from Rs 976.90 crore. Commenting on the results, Network18 Chairman Adil Zainulbhai said the quarter was quite remarkable, both from a macro as well as

Network18 Media reports first quarter net profit at Rs 121.51 crore

Media firm Network18 Media & Investments Ltd on Tuesday reported a consolidated net profit of Rs 121.51 crore for the first quarter ended June 2021. The company had posted a net loss of Rs 60.60 crore for the April-June period of the previous fiscal, Network18 Media said in a regulatory filing. Consolidated revenue from operations rose 50.47 per cent to Rs 1,214.43 crore, as against Rs 807.07 crore in the corresponding quarter a year ago. "Operating margin at ... 15.5 per cent, highest ever in first quarter; despite second wave impact," the company said. Total expenses were at Rs 1,080.79 crore, up 23.99 per cent from Rs 871.65 crore earlier. Commenting on the results, Network18 Chairman Adil Zainulbhai said, "Led by the many learnings from the past year and a responsibility to serve the Indian audience, we have been able to continue our businesses relentlessly and profitably." Shares of Network18 Media & Investments Ltd on Tuesday settled at Rs 50.15 on BSE, down 2.53 per ...

From Times Group to Zee, Indian media business in the post-pandemic world

The post-pandemic list tells just one story - that of utter devastation

Localising of internet: A peek into state-wise consumption of online media

The report is an illustration of the axiom that media is the most local of all products

Quint gets listed via little-known trading firm promoted by Raghav Bahl

In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one

Sudhanshu resigns as Viacom MD; Rahul Joshi gets additional charge

Vats expanded Viacom18's footprint into digital and video-on-demand services apart from strengthening the network's position in Hindi entertainment, kids and regional content.

Network18 Media surges 23% in two days as Sony eyes stake in company

Apart from a stake buy, some other options on the table include a merger of the entertainment businesses of Sony and Network18 Media, reports said

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

Sony in talks to buy stake in Mukesh Ambani's Network18 TV media group

The Tokyo-based company is currently conducting due diligence on Ambani's Network18 Media & Investments Ltd. before any possible offer, the people said

Network18 Q4 net loss widens to Rs 33.31 crore

Total expenses declined 2.87% to Rs 411.66 crore in the third quarter

CNN-IBN to rebrand itself as CNN-News18

IBNLive.com, the digital destination of the channel, is also changing to News18.com.