ITV

Tag: Business Broadcast News

  • Raghav Bahl resigns as director from Network18 & TV18

    Raghav Bahl resigns as director from Network18 & TV18

    MUMBAI: Network 18 Media & Investments and TV18 Broadcast founder Raghav Bahl has resigned as a director from both the companies with effect from 8 February, 2016 due to his “pre-occupation.”

    Bahl exited the TV news business after the sale of Network18 Media & Investments and all its subsidiary companies in 2014 to Independent Media Trust, which is part of Mukesh Ambani’s Reliance Industries.

    It may be recalled that Bahl was recently in the news for his intentions to re-enter the news broadcast space with Bloomberg.

    Bahl’s new venture The Quintillion Media, which also runs the online portal The Quint, is said to be looking at a strategic partnership with Bloomberg in the wake of the latter exiting its licensing partnership with Reliance ADAG’s Business Broadcast News.

    According to media reports, Bahl and Bloomberg have invested in a joint venture, which will later look at broadcast news with Quintillion Media holding at least a 51 per cent stake.

    As per reports, the new online portal under the JV is expected to launch in the coming weeks, while the business news channel is expected to launch by the end of the current calendar year. The Quint, however will continue to exist as it is.

  • Raghav Bahl resigns as director from Network18 & TV18

    Raghav Bahl resigns as director from Network18 & TV18

    MUMBAI: Network 18 Media & Investments and TV18 Broadcast founder Raghav Bahl has resigned as a director from both the companies with effect from 8 February, 2016 due to his “pre-occupation.”

    Bahl exited the TV news business after the sale of Network18 Media & Investments and all its subsidiary companies in 2014 to Independent Media Trust, which is part of Mukesh Ambani’s Reliance Industries.

    It may be recalled that Bahl was recently in the news for his intentions to re-enter the news broadcast space with Bloomberg.

    Bahl’s new venture The Quintillion Media, which also runs the online portal The Quint, is said to be looking at a strategic partnership with Bloomberg in the wake of the latter exiting its licensing partnership with Reliance ADAG’s Business Broadcast News.

    According to media reports, Bahl and Bloomberg have invested in a joint venture, which will later look at broadcast news with Quintillion Media holding at least a 51 per cent stake.

    As per reports, the new online portal under the JV is expected to launch in the coming weeks, while the business news channel is expected to launch by the end of the current calendar year. The Quint, however will continue to exist as it is.

  • Bloomberg & Business Broadcast News end licensing deal in India

    Bloomberg & Business Broadcast News end licensing deal in India

    MUMBAI: After seven years of partnership, Bloomberg L.P. and Business Broadcast News have decided to end their media licensing agreement in India on 31 March, 2016.

     

    Both parties have mutually ended the licensing agreement and will pursue their respective new business strategies.

     

    While Business Broadcast News will continue to operate the TV channel with fresh branding effective 1 April, subject to regulatory approval, Bloomberg will announce a new media partner in due course of time.

     

    “Our strategic partnership with Reliance Group and Ronnie Screwvala enabled us to successfully reach millions of viewers in India, and deliver market-moving business and financial news on India’s growth and development,” said Bloomberg Media Group – International managing director Parry Ravindranathan. 

     

    “Together, we set new standards in financial broadcast journalism, and we will continue to value our relationship with both partners. In the coming weeks, we will unveil a new chapter for Bloomberg Media in India as we remain more committed than ever to expanding our media operations this year both in broadcast, digital and other platforms,” he added.

     

    Business Broadcast News director Tarun Katial said, “In recent years, the channel has witnessed consistent increase in reach and viewership, and created a benchmark for credible business news reporting with experienced anchors and marquee shows. We have had great learnings drawing upon the global expertise and credibility of Bloomberg, and we look forward to maintaining this strong relationship in the years ahead.”

  • Bloomberg & Business Broadcast News end licensing deal in India

    Bloomberg & Business Broadcast News end licensing deal in India

    MUMBAI: After seven years of partnership, Bloomberg L.P. and Business Broadcast News have decided to end their media licensing agreement in India on 31 March, 2016.

     

    Both parties have mutually ended the licensing agreement and will pursue their respective new business strategies.

     

    While Business Broadcast News will continue to operate the TV channel with fresh branding effective 1 April, subject to regulatory approval, Bloomberg will announce a new media partner in due course of time.

     

    “Our strategic partnership with Reliance Group and Ronnie Screwvala enabled us to successfully reach millions of viewers in India, and deliver market-moving business and financial news on India’s growth and development,” said Bloomberg Media Group – International managing director Parry Ravindranathan. 

     

    “Together, we set new standards in financial broadcast journalism, and we will continue to value our relationship with both partners. In the coming weeks, we will unveil a new chapter for Bloomberg Media in India as we remain more committed than ever to expanding our media operations this year both in broadcast, digital and other platforms,” he added.

     

    Business Broadcast News director Tarun Katial said, “In recent years, the channel has witnessed consistent increase in reach and viewership, and created a benchmark for credible business news reporting with experienced anchors and marquee shows. We have had great learnings drawing upon the global expertise and credibility of Bloomberg, and we look forward to maintaining this strong relationship in the years ahead.”

  • Messe Frankfurt Trade Fairs partners Business Broadcast News

    NEW DELHI: Messe Frankfurt Trade Fairs India and Business Broadcast News have formed a strategic partnership to introduce a series of trade shows in the Indian market.

    The Memorandum of Understanding (MOU) between the two is aimed at developing exhibitions in India around various themes including but not limited to infrastructure development, power and energy as well as telecommunications. The two companies are expected to synergise to deliver innovative offerings in the Indian market.

    Reliance Broadcast Network, which is part of the Reliance Group of India and is associated with Business Broadcast News, owns and manages a portfolio of media vehicles across India that covers everything from radio and television to print and digital media.

    The MOU was signed by Raj Manek, Managing Director of Messe Frankfurt Trade Fairs India, and Sriram Kilambi, President of Business Broadcast News, in Mumbai. Messe Frankfurt, through its own initiatives and experience, has already established a series of shows within India, including Light India, ACMA Automechanika and Techtextil India. These fairs have become highly-recognised staples in Messe Frankfurt’s global portfolio, which includes more than 100 exhibitions annually worldwide.

    Speaking at the ceremony, Manek noted: “Messe Frankfurt has received great success and recognition so far with the three shows we have in India. But in order to continue on the growth path, and tap emerging opportunities in the country, it is imperative that we form strong alliances with strategic partners where we complement each other’s strengths. To date we have received fantastic support from government departments and industry associations, and believe this will now only increase and further enhance after our tie-up with an experienced powerhouse Business Broadcast News, which will enable us to reach these new sectors in India and install both the heritage and proven professionalism of the Messe Frankfurt brand within this market. We very much look forward to working with our new partners, and I believe our firms will benefit greatly from this cooperation.”

    “We entered this new partnership because we truly believe that Messe Frankfurt is committed to the India market. They offer professional platforms which have been proven again and again to be effective, informative and well-rounded. Our goal is to present Messe Frankfurt a better understanding of key growth areas in India’s economy and ultimately work together to conceptualise and ideally position our joint exhibitions as the leading events within the chosen sectors. Through our extensive network of media channels and products, as well as our knowledge of the Indian business needs, Business Broadcast News plans to grow our influence in the Indian exhibition industry,” said Kilambi.