Tag: CNBC-TV18

  • BBC world news continues to lead as Indias top international news channel

    BBC world news continues to lead as Indias top international news channel

    MUMBAI : BBC World News has maintained its status as the leading international English news channel in India among the country’s affluent, influential opinion leaders, business decision makers (BDMs) and frequent international travellers, according to the latest Ipsos PAX survey.

    BBC World News also beats India’s domestic news channels to take the number one spot for all news channels amongst influential opinion leaders, BDMs, and frequent international travellers.
    The channel reached these positions by beating competitors including CNN, CNBC TV18, NDTV 24×7, Times Now, CNN-IBN and Bloomberg TV India.

    The BBC – including BBC World News and BBC.com – is the only news brand across TV, online and mobile to show quarter on quarter growth. 

    Other findings show:

     

    •    The BBC is the #1 news brand in India among household car owners, luxury goods owners, BDMs and frequent international travellers.

    •    BBC World News is the fastest growing international news channel among India’s affluent, quarter on quarter. 

    •    BBC World News saw growth across key demographics including luxury goods owners, personal investors, first or business class international leisure travellers, influential opinion leaders and BDMs.

    Jim Egan, CEO of BBC Global News Ltd, said: “We are delighted that BBC World News and BBC.com continue to lead the competition in a crucial market. Once again our ability to reach this highly-desirable, upscale target audience is unmatched.”

  • GroupM partners with Social Media Week

    GroupM partners with Social Media Week

    MUMBAI: GroupM partnered with the global social media conclave, Social Media Week in its debut outing to India. As the host of the Advertising and Marketing hub and an integral part of the advisory board, GroupM brought together marketers, publishers, influencers and thinkers discussing content, data, insight, mobile, search, platforms and innovations. Over a course of three days, the agenda sought to deep dive into all aspects of social media that affect brands today.

    Day 1:

    Day one of the hub with a spotlight on content focused on two pertinent questions:

    Brands in The Youth & Social equation

    On the high impact panel moderated by Anant Rangaswami Editor, Storyboard on CNBC TV18 and senior editor, Firstpost.com was Rishi Dogra (General Manager – Marketing Digital & Activations at PepsiCo), Alex Oberberg (Head of markets Engagement, Global Social media and Digital marketing); Nickhil Jakatdar (CEO and Founder, Vuclip); Arjun S Ravi (Co-Founder, NH7) & Social Media Influencer Abhishek Ashthna aka Gabbar Singh. From what the best in business are doing to engage a super connected demographic to what the Indian scenario lacks, this session covered it all. The panel extensively debated on where brand conversations and imagery fit in the world of a young consumer.

    Socialization of Branded content

    The next highlight event was an insightful conversation between Prem Panicker (Managing Editor, Yahoo India) and Anant Ranswami as they discussed the evolution of branded content through time, platforms and technology. The session focused on the changed game between content creators, carriers and consumers. Panicker spoke extensively about the changing balance of power between content producers, publishers, distributors and consumers.

    Along with the session, the day saw enormous participation in the interactive workshops by GroupM Social and Search & KRDS. These were aimed at hands on and interactive learning for the topics in discussion.

    Day 2:

    The hub focus on day two were game changers, with discussions on data, cinema and mobile
    Real time data and actionable insights

    The day started with a group of industry leaders that are making numbers work harder. Listening, measurement and technology all served up in hot offering,  the panel moderated by Sandeep Pandey, Mindshare comprised of Lakshmanan Narayan, CEO & Co-Founder, Unmetric Inc; Venke Sharma, Vice President – Digital Marketing, Star TV; Kartik Sharma, Managing Partner Maxus; Ranjit Nair, CEO, Explic8. The session focused on how the best in the business are converting data into actionable marketing insights to drive value like no other. Amongst many intriguing conclusions, the way forward was making beta a strategy, real time optimization and democratic marketing structures
    Cinema in the age of internet

    Another aspect of the changing balance of power was brought to debate by the second panel of the day as Pragya Tiwari Editor-in-Chief, The Big Indian Picture quizzed Rohan Sippy, Film Director and Producer & Guneet Monga, CEO, Anurag Kashyap Films Pvt. Ltd on how social media has revolutionized what they do. This was a live wire discussion about all aspects of film production and marketing from creative, tech, production, marketing, censorship to criticism and box-office collections and how social helps.

    Day 3:
    Day three was full power Advertising hub day and also the closing day of the Social Media Week Mumbai.

    The day opened with an invigorating address by Rohit Varma, Co-Founder, R SQUARE Consulting (CO) and Toby Daniels, Founder & CEO, Crowdcentric; followed by the highlight session of the day, the keynote address by CVL Srinivas, CEO, South Asia GroupM.

    Speaking on the Changing Face of Agencies in the Dynamic Social Media World, Srinivas commented on the paradigms shifts of airing to sharing; digital first thought map and eventually about an adaptive and actionable marketing structure.

    Amongst the many panels on the day, some of the noteworthy sessions were:

    The Art & Science of Social Media Analytics

    A descriptive 101 in how social insights are logical and analytical at the same time. This session by Karthik Nagarajan, National Director – Social Media & Insights, GroupM had it all – solutions, perspectives and best practices. The presentation explained the stages of insight from mere data  to an actionable logic backed inference.

    The Publisher Brand and the rise of Micro-Content
    This session brought to the fore the opportunity shorter forms of content brings. A pacey and heady conversation between four of the most dynamic thinkers of the media and social industry – Anant Rangaswami, Editor, Storyboard on CNBC TV18 and senior editor, Firstpost.com; Ashok Krish, Head – Web 2.0 Innovation labs, Tata Consultancy Services; Lakshmanan Narayan, CEO & Co-Founder, Unmetric; Karthik Nagarajan, National Director – Social Media & Insights, GroupM. The panel concurred how the arrival of micro content and real time responses not just meant a relook at content strategies but also a revision of the brands priorities.

     

  • CNBC TV18 is India’s No.1 Eng Biz News Channel as per IMRB’s TGI 2013

    CNBC TV18 is India’s No.1 Eng Biz News Channel as per IMRB’s TGI 2013

    In the highly competitive and dynamic business news genre, CNBC-TV18 continues with its consistent leadership and has emerged as India’s No.1 Business News Channel as per IMRB’s TGI India 2013 research.

    The TGI (Target Group Index) study – an internationally syndicated product – covers an extensive database of more than 35,000+ respondents amongst 190+ towns in India, and is the most in-depth study on media & product consumption, lifestyle habits & psychographics.

    According to IMRB TGI India’s findings, CNBC-TV18 enjoys the highest viewership rate as compared to other channels in the English Business News genre. The channel has consolidated its top position ahead of its competitors by continuing on its trajectory of growth, with benchmark coverage and continuously raising the bar in the business news genre.

    IMRB TGI India 2013 study reveals that CNBC-TV18 delivers more than three times viewers, who are professional Graduates/Post Graduates or PhDs, vis-?-vis other business news channels. The study also pointed out that more entrepreneurs are viewers of CNBC-TV18 as compared to viewers of other English business news channels. CNBC-TV18 viewers form three times the number of well-employed professionals who have higher disposable income, a prime requisite for serious investments, when compared with any other English business news channel. 

    Key IMRB TGI India 2013 study highlights for English Business News:
    CNBC-TV18 has a 56% viewership, followed by NDTV Profit, Bloomberg TV and ET Now
    46% viewers watch only CNBC-TV18. This is more than two times its nearest competitors
    6 out of 10 viewers who invest regularly are CNBC-TV18 viewers
    7 out of 10 viewers who watch TV in office are CNBC-TV18 viewers
    CNBC-TV18 has more viewers who are better educated, entrepreneurs, career oriented with fast track career paths, affluent viewers & homeowners with higher disposable income
    CNBC-TV18 viewers have higher indulgence in lifestyle products like LED TVs, high-end gadgets like laptops and mobile phones

    CNBC-TV18 viewers are evolved, investment savvy and are well informed risk taker
    Speaking on the TGI findings, Suranjana Ghosh, Marketing Head – CNBC-TV18 said “We have a 13 year legacy in English Business News and the strongest editorial team. The reason we’ve maintained our leadership is due to the content we offer and the stringent measures to ensure we deliver the best quality so that our viewers can depend on our news and use the information from our channel to make better business and financial decisions. IMRB’s TGI is a well respected industry standard and we’re proud to have such a reputed third party study re-affirm CNBC-TV18’s leadership in the genre.”

  • CNBC-TV18 elevates Sidharth Zarabi to national news editor

    CNBC-TV18 elevates Sidharth Zarabi to national news editor

    MUMBAI: CNBC-TV18, India’s No.1 business channel, has announced a strengthening of its editorial leadership team with a new role being assigned to senior editor Sidharth Zarabi as National News Editor. In this new capacity, Zarabi’s mandate will be to drive reporting teams nationally apart from leading special news programming initiatives on the channel. Zarabi earlier was the Economic Policy Editor and the Delhi bureau chief for CNBC-TV18.

    Speaking on this development, Anil Uniyal, CEO, CNBC-TV18 & CNBC Awaaz, said “Sidharth has played a critical role in CNBC-TV18’s leadership so far and going forward his expertise will be invaluable in terms of how CNBC-TV18 contributes as well as benefits from our integrated business newsroom”

    Commenting on this, Shereen Bhan, Managing Editor, CNBC-TV18 said “Siddharth is a versatile and prolific journalist with over 16 years of experience. He has brought energy and dynamism to the news room. In his new role as National News Editor, he will work closely with me to drive CNBC-TV18’s team of reporters. He will also front special news based shows for the channel
    Speaking on his elevation, Sidharth Zarabi added “It’s been a momentous journey so far and my experience with CNBC-TV18 has been intense and enriching over the years. I hope to bring it to bear as we thrust ahead and further strengthen its leadership”

    Zarabi has over 15 years of experience and prior to joining the group in 2008, he has had stints with the Business Standard and The Indian Express.

  • Network18 beefs up business news editorial set up

    Network18 beefs up business news editorial set up

    MUMBAI: It’s taking steps to strengthen its business news team. For starters, it has announced the appointment of Network18 long timer (currently president & editorial director TV18 Business Media) Senthil Chengalvarayan as the editor in chief of what it calls the Network18 Business Newsroom – comprising its market leading broadcast and digital news outlets in the business media space, CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD and Moneycontrol.com. The newsroom is slated to act as a common hub to ensure seamless broadcast and digital synergies from both a newsgathering and output perspective across these brands, which cumulatively attract over 40 million viewers and 15 million unique visitors on an average every month, says a company press release.

    In this new capacity, Senthil will be working closely with R. Jagannathan, editor-In-chief of Network18’s web and publishing stable which includes Moneycontrol.com, CNBC Awaaz editor in chief Sanjay Pugalia, CNBC Awaaz and the editorial leads at CNBC-TV18.

    The management has also pushed senior editors Menaka Doshi and Latha Venkatesh upstairs as executive editors. While Menaka will lead corporate reportage, law and associated areas, Latha Venkatesh will take charge of the banking and financial markets vertical.

    Women Power to the forefront at CNBCTV18: ( Left to Right) Latha Venkatesh, Shreen Bhan and Menka Doshi

     

     

    This follows managing editor Udayan Mukherjee’s decision to work with the group in an exclusive consultative capacity and the appointment of Shereen Bhan as his replacement.

    “As the country’s leading broadcast and digital player in business news, we are well-positioned to redefine the category in the context of a converging media landscape. The Network18 Business Newsroom is designed to capitalise on the deep engagement and trust our iconic brands enjoy. We are confident that the editorial leadership team under Senthil’s guidance will be able to craft a new paradigm in business media, ” said Network18 founder and editor Raghav Bahl in the press release making these announcements.

    “..As they (CNBC-TV18, CNBC Awaaz and Moneycontrol) propel ahead in their growth journey, it is imperative that we fuse their editorial strengths in a manner that enhances our offering further and the Network18 Business Newsroom fulfills this objective. In Senthil, Menaka and Latha, we have the most trusted voices in business journalism today and we believe that they will bring their deep expertise and insights to bear at the Newsroom,” added Network18 Group COO B. Sai Kumar.

    “I am a firm believer in the benefit that the Network18 Business Newsroom can unleash for our stellar editorial products. We pioneered business news on television and the web in India and the Newsroom is a natural extension of our successful journey,“ expounded Network18 Business Newsroom editor-in-chief Senthil Chengalvarayan. “I believe that it will achieve two critical objectives for us. It’ll ensure that each of our brands access the best editorial expertise across the Group while they continue to fulfill their distinct editorial propositions. And they’ll do so through a structure that capitalises on the new realities in the media landscape.”

       
       
  • CNBC TV18’s Udayan Mukherjee steps aside for Shereen Bhan

    CNBC TV18’s Udayan Mukherjee steps aside for Shereen Bhan

    MUMBAI: The news came as a shocker to many. After 15 years with the Network18 group and CNBC TV18, managing editor Udayan Mukherjee has decided to step aside from his full time role, giving way to executive editor Shereen Bhan, who will step into his shoes and manage the channel on a day to day basis from 1 September 2013.

    Udayan, who apart from working on the daily business news bulletin, anchors live market shows like Bazaar Morning Call and other daily and weekly shows like Corporate Radar and Taking Stock, will, however, continue to work with CNBC TV18 in an advisory and consultative capacity.

    A release issued by Network18 stated that Udayan “has been facing issues of professional exhaustion.”

    Udayan Mukherjee will continue to work exclusively with CNBCTV18 in a consultative capacity

    The reasons for his decision are entirely personal; Udayan pointed out that he wants to devote more time to other pursuits. And confirming the Network18 statement on his exhaustion Udayan said in the release: “..the responsibility of running the channel has become repetitive and I had a difficult time motivating myself to continue. At this stage of my life I need to devote more of my time to other personal passions and interests.I wish the new editorial leadership team the very best and will try, in my limited way, to contribute to its success.

    The senior Network18 management showered praise on Udayan even as he announced his decision. Network18 founder & editor Raghav Bahl and group CEO B. Sai Kumar both said that Udayan has ably led the team to many successes and has helped make CNBCTV18 a benchmark in business news. Said Bahl: “Shereen has all the skills and experience to take this mantle forward and we look forward to her leadership.” Added Sai Kumar: “In Shereen we entrust the task of leading CNBC-TV18 onto new levels of growth and leadership… look forward to his (Udayan’s) new role with us.”

    (Updated 10:42 pm, 10 July 2013)

    The Twitterverse was buzzing with tweets at the time of the announcement. Here’s some of them which were on the button and those which were not:

     

     

  • TV18 Broadcast returns to profitability in Q3

    TV18 Broadcast returns to profitability in Q3

    MUMBAI: TV18 Broadcast turned profitable in the third quarter ended 31 December on fall in operating expenditure and a small rise in operational income from a year earlier.

     

    TV18 Broadcast, which owns news channels CNBC TV18, CNB Awaaz, CNN IBN and IBN7, reported a net profit of Rs 223 million in the third quarter against a loss of Rs 138 million a year earlier. In the second quarter of this financial year, it had reported a loss of Rs 252 million.

     

    The company’s operating revenue rose 5 per cent to Rs 1.47 billion in the third quarter from Rs 1.40 billion a year earlier.

     

    The news broadcaster was able to report a profit in the third quarter as its operating expenses fell 16 per cent to Rs 1.09 billion from Rs 1.30 billion a year earlier, on lower staff costs, marketing and distribution expenses and flat production expenses.

     

    The company’s interest cost in the third quarter was Rs 216 million, flat compared to a year earlier but down by a sharp 51 per cent from a quarter earlier (Rs 365 million).

     

    The fall in interest cost was a result of part repayment of debt from the large flow of funds into the company through a rights issue in the previous quarter.

     

    Raghav Bahl, managing director, Network18, the holding company of TV18, said, “I am delighted …. that TV18 has returned to profitability this quarter. Our recast balance sheet has helped us rationalise our interest payouts.”

     

    “We are now entering an exciting phase in our journey as we strengthen our existing operations and consolidate our regional acquisition,” Bahl added.

     

    The rights issue was largely meant for the acquisition of ETV non-Telugu news and entertainment channels from Reliance Industries Ltd (RIL).

        
    B Saikumar, Group CEO at Network18, said, “We are extremely pleased that all our broadcast operations grew their margins despite softness in the advertising environment. The News Network will further consolidate its leadership position with the addition of ETV News to the stable.”

     

    Business News operations had a strong quarter with margins expanding almost three-fold from a year earlier.

     

    In the third quarter, revenues from business news channels were up nearly 10 per cent at Rs 780 million. Operating profit from business news was Rs 307 million, nearly three times a year earlier and two times a quarter earlier.

     

    The significant improvement in margins in business news operations came on the back of expansion of net distribution income, the company said.

     

    TV18’s general news operations broke into positive territory with 10 per cent margins. In the third quarter, revenues from general news operations were Rs 723 million, nearly flat compared with a year earlier. Operating profit from general news was Rs 69 million in the third quarter against a loss of Rs 16 million a year earlier and loss of Rs 33 million a year earlier.

  • TV18 reports loss from news biz for 2nd successive quarter

    TV18 reports loss from news biz for 2nd successive quarter

    MUMBAI: TV18 Broadcast Ltd’s news business reported net loss for the second straight quarter in the year ended 30 September on a sharp rise in interest cost.

    The Network18 subsidiary’s net loss from news business was Rs 252 million in the second quarter and Rs 78 million in the first quarter of this year. In the second quarter of previous year, TV18 had a net profit of Rs 78 million and in the whole of 2011-12, its net profit was Rs 92 million.

    Its interest cost more than doubled to Rs 365 million in the second quarter from Rs 178 million a year earlier.

    The news segment’s operating revenue and operating expenses were both down by 14 per cent in the second quarter compared with a year earlier. Its operating revenue was down to Rs 1.09 billion from Rs 1.27 billion a year earlier, while operating expenses fell to Rs 952 million from Rs 1.10 billion a year earlier.

    TV18 standalone’s operating profit fell 13.50 per cent to Rs 147 million in the second quarter from Rs 170 million a year earlier.

    Revenues from business news as well as general news businesses were down in the second quarter. Revenues from business news were down 16 per cent to Rs 519 million in the second quarter from Rs 619 million a year earlier and from general news down 11.71 per cent to Rs 603 million from Rs 683 million a year earlier.

    TV18 business news’ operating profit in the second quarter was flat at Rs 169 million against Rs 163 million a year earlier. Its general news division’s operating loss widened in the second quarter to Rs 33 million from Rs 7 million a year earlier. In the first quarter of this year, general news segment had reported an operating profit of Rs 22 million.

    TV18 Broadcast results include financials of news channels CNBC TV18, CNBC Awaaz, CNN IBN and IBN7.

  • Promoters’ stake in Network18 rises to 73% after rights issue

    Promoters’ stake in Network18 rises to 73% after rights issue

    MUMBAI: Raghav Bahl’s stake in Network18 has soared to 73 per cent after a muted response from the other shareholders to the rights issue but it is still not clear how much control Mukesh Ambani’s Reliance Industries Ltd (RIL) will have indirectly over the sprawling media company which has interests in television, internet, films, digital commerce, magazines, mobile content and allied businesses.

    RIL’s Independent Media Trust (IMT) was to provide the money the promoters of Network18 would require to subscribe to shares in the rights issues of both Network18 and TV18. The details of funds lent by IMT through investments in zero coupon optionally convertible debentures (ZOCDs) issued by the promoter companies are not yet available.

    A minimum amount of Rs 9.96 billion borrowed from IMT would result in a 51 per cent stake in the promoter companies of Network18 on conversion of the ZOCDs.

    Following the closure of the rights issue on 4 October, the promoter holding in Network18 Media & Investments Ltd has jumped by 51 per cent from its earlier stake of 48.30 per cent.

    This follows the increase in stakes of the six promoter companies which subscribed to the promoters’ entitlement in the rights issue and also to the rights entitlement unsubscribed by non-promoter shareholders.

    After the rights issue, the shareholding of the six promoter companies in Network18 has increased to 66.16 per cent from 36.90 per cent. After including the shareholding of other promoter group holdings, the total promoter stake in Network18 after the rights issue is 73 per cent.

    The six promoter companies are RRB Mediasoft, RB Mediasoft, RB Media Holdings, Watermark Infratech, Colorful Media and Adventure Marketing. These promoter companies are owned and controlled by Bahl, founder of Network18 group, and wife Ritu Kapur.

    Network18’s subsidiary TV18 Broadcast Ltd operates news channels CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-IBN, IBN7 and IBN-Lokmat (a Marathi regional news channel in partnership with the Lokmat group of newspapers).

    TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels – Colors, Colors HD, MTV, Sonic, Comedy Central, VH1 and Nick – and Viacom18 Motion Pictures, the group’s filmed entertainment business.

    Network18 offered 307 shares for every 50 shares held by its shareholders at a price of Rs 30 per share. Its subsidiary TV18’s rights issue of 41 shares for every 11 shares held by its shareholders at a price of Rs 20 per share closed on 15 October, but the details of the issue are still not available.

  • CNBC-TV18 to air Luxury Edge from 15 September

    CNBC-TV18 to air Luxury Edge from 15 September

    MUMBAI: Business news channel CNBC-TV18 is launching a new show titled ‘Luxury Edge’.

    Starting 15 September, the show will air every Saturday at 9.30 pm.

    According to the channel, luxury is back in fashion despite the downturn. The market for luxury goods has grown in the past couple of years, despite volatility in the market.

    The show will talk about whether the emerging markets are having a stronger growth for luxury goods compared to matured economies.