Haresh Chawla
| Public | |
| Traded as | : : Network18 |
| Industry | Mass media |
| Founded | 1993 |
| Headquarters | Noida, Uttar Pradesh, India |
|
Key people
|
Adil Zainulbhai (Chairman) |
| Products |
Broadcasting Publishing Film Entertainment Web portals |
| Revenue | ₹3,403 crore (US$530 million) (2016) |
|
Number of employees
|
7,500 |
| Parent | Reliance Industries |
| Divisions | TV18, Viacom 18 (50%) |
| Website | www |
Network 18 is an Indian mass media company which is owned and operated by Reliance Industries. Headquartered in Noida, India. It has interests in television, print, internet, film, mobile content and allied businesses.
The company was incorporated as a private limited company on 16 February 1996. In April 2006, the name was changed from SGA Finance and Management Services Private Limited to Network18 Fincap Private Limited and subsequently in November 2006, it was converted into a Public Limited company. Network18 got listed on the and the on 2 February 2007. The shares of the company of face value of Rs 5 each opened at Rs 312.10 at the and at Rs 300 at the . The same year in December, its name was changed from Network18 Fincap Limited to Network18 Media & Investments Limited.
The Network 18 Group announced a restructuring plan to create a two listed entity structure for the group in July 2010. The restructuring became effective on 10 June 2011 with the approval of the Delhi High Court and the group successfully completed the re-alignment of its business operation into 2 sections – Network18 and TV18. Network18 undertakes the digital and publishing side of the business and TV18 contains the television assets of the group.
In Jan 2012, there was a large investment by Mukesh Ambani's Reliance Industries Limited in a complex deal that offered a possibility that Ambani-held Independent Media Trust (IMT) might eventually gain a controlling interest. In July 2014, the ownership was transferred to Independent Media Trust. On 29 May 2014, Reliance Industries Ltd (RIL) announced it would be acquiring control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd. The board of RIL approved funding of up to Rs. 40 billion to Independent Media Trust (IMT), of which RIL is the sole beneficiary, for acquisition of control in Network 18 and its subsidiaries. On 8 July 2014, RIL stated that it has completed the Network18 take-over.
Network 18 through its subsidiary 'TV18 Broadcast Limited', operates news channels. TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels across genres. TV18 also operates a factual entertainment channel History TV18 through a joint venture with A+E Networks.
Network 18 operates following channels.
News Channels(24)
...
Wikipedia