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Is media industry past its worst phase? Revival seen after post-GST downtrend
Fp Staff •According to the EY-FICCI FRAMES 2019 report, the media and entertainment industry is slated to grow at 12 percent CAGR over CY 2018-21, reaching a size of Rs 2.35 trillion in CY 2021
Network18 posts 59% jump in operating EBITDA in Q2 on improved performance of regional channels
Fp Staff •Network18 has narrowed its consolidated net loss to Rs 68 crore in September quarter from a loss of Rs 113 crore in the previous quarter
Forbes India 30 Under 30: ‘Money and fame just byproducts’ for these young entrepreneurs
Fp Staff •Forbes India 30 Under 30 “exhaustive” list which is “not definitive” was made across 15 categories and goes beyond geographical boundaries in country
TV18 takes majority control in Viacom18, pays $20 mn to buy Viacom Inc's 1% equity in JV company
Fp Staff •The two companies believe in fast-evolving media and entertainment landscape, TV18 can drive value-addition and synergies across the multi-platform group
After wireless, Jio to launch fixed line services, says Reliance Industries' Mukesh Ambani
•Reliance Jio launched a 4G-ready handset targeted at the 50 crore Indians using a feature phone at present.
CNN and TV18 extend and deepen 10-year collaboration, CNN-IBN to be ‘refreshed’
Fp Staff •TV18, one of India’s largest news networks and CNN, the world’s best news brand, today announced the extension of their ten-year collaboration on CNN IBN. This reverses their decision, announced earlier this year, to part ways
CNN, TV18 Broadcast to part ways after 10 years of partnership
Fp Archives •Media firm TV18 Broadcast Ltd and Cable News Network, Inc (CNN) will end their partnership at the end of their 10-year-old brand licensing agreement in January next year.
TV18 Q2 profit Rs 10 cr vs Rs 40 cr loss a year earlier
Fp Staff •TV18 Broadcast today reported a profit after tax of Rs 10 crore for the second quarter ended September 30, 2013 against a net loss of Rs 40 crore in the year-ago period.<br /><br />
Tough measures: CCI to fine cement cos on cartelisation
Fp Staff •The Competition Commission of India (CCI) could impose penalty on top ten cement companies by revenue, that are guilty of cartelisation.
Bajaj Auto launches RE 60; Network 18 buys stake in ETV
Fp Staff •In the process, the Network 18 group will become debt-free with Rs 1700 cr coming in from Reliance Industries.