Tag: NDTV

  • Barkha Dutt to launch her own English news channel?

    Barkha Dutt to launch her own English news channel?

    MUMBAI: Another one bites the bullet. The buzz has been gathering pace that celebrity journalist-editor Barkha Dutt is gradually ammo-ing up to launch her own English-language TV news channel. In doing so, the former face of NDTV’s prime time shows will follow in the footsteps of some of her other famous colleagues like Rajdeep Sardesai (now re-christened CNN-IBN) and Arnab Goswami (Republic TV).

    Apparently, she has found a bunch of backers in New Delhi and Haryana who are willing to fund her foray into a full-fledged TV news channel.  

    While its name and launch date is still in the works, Dutt’s star power is guaranteed to generate plenty of excitement and curiosity in the news industry and among audiences in the days to come. 

    Indiantelevision.com tried reaching out to Dutt for confirmation of the same, but she didn’t respond to queries. 

    It’s interesting that she is taking the news channel plunge at a time when the fortunes are on the way down for her former boss, NDTV’s Prannoy Roy, who has been facing a barrage of intimidating requests from the income tax and other government departments. In recent times, NDTV has had to cut down on manpower too and Dutt was amongst the first ones to let go. 

    This isn’t the first time Dutt – who shot to fame during her Kargil reportage with NDTV in the late 1990s – has been linked with the launch of an English news channel. In 2017, the Financial Express had carried a report about her joining hands with Network18’s founder and former owner Raghav Bahl to set up a news channel.

    Dutt, who continues to draw sharp reactions from TV audiences, has taken quite a diverse set of projects on her plate after her 21-year association with NDTV.

    After the rather abrupt end of her collaboration with former Indian Express editor-in-chief-turned-entrepreneur Shekhar Gupta at the digital venture The Print, Dutt went on to establish a company called MoJo, which some say also has links to mobile journalism.

    Under the MoJo banner, the 46-year-old interviews major newsmakers in her inimitable style. She also writes columns for the Hindustan Times, Washington Post and The Week.

    Known as a frequent baiter of Republic TV boss Arnab Goswami on Twitter, it would be interesting to observe the tone and tenor of the TV news channel helmed by her.

    Other details of the news venture, including the applicant-company’s name, are still a bit sketchy as it is not clear yet whether an application to start a full-fledged TV news channel has already been made by Dutt and her partners at the Ministry of Information and Broadcasting, which has started clearing channel proposals after a nine-month hiatus.

    With over six million Twitter followers, Dutt remains one of media’s most important voices despite severe trolling on social media for her known viewpoints — dubbed controversial by a section of India — on issues linked to Kashmir and Pakistan.

    It now remains to be seen whether she still has it in her to shape the political and social narrative in her second coming.  

    Also Read:

    Barkha Dutt bids adieu to NDTV; hints at new venture

    Arnab-Barkha face-off amplifies disturbing trends

    The rise and fall of English news’ TV viewership

    English TV news channels to return to BARC fold from midnight 26 May

  • NDTV reports lower operating loss for fiscal 2018

    NDTV reports lower operating loss for fiscal 2018

    BENGALURU: The Prannoy and Radhika Roy-led New Delhi Television Ltd (NDTV) reported lower consolidated operating loss for the year ended 31 March 2018 (FY 2018, year under review) as compared to the corresponding periods of the previous fiscal. The company has brought down its expenses during the year under review across major parameters such as employee costs, production expenses and cost of services, operating and administration expenses, marketing promotion and distribution expenses as compared to the previous year.

    NDTV reported 12.4 per cent decline in consolidated operating revenue for FY 2018 at Rs 429.01 crore as compared to Rs 489.99 crore in FY 2017. Consolidated total revenue declined 12.3 per cent in FY 2018 to Rs 439.71 crore from Rs 501.45 crore in the previous year. Consolidated operating loss (EBITDA) in FY 2018 at Rs 35.97 crore was lower than the consolidated operating loss of Rs 42.32 crore in fiscal 2017. Total comprehensive loss (TCL) for the fiscal under review was slightly lower at Rs 84.35 crore as compared to Rs 86.18 crore in FY 2017.

    The company suffered a consolidated operating loss  for the fourth quarter ended 31 March 2018 at  Rs 9.45 crore as compared to a consolidated operating profit of Rs 16.63 crore (11.4 per cent of operating revenue) in the corresponding year ago quarter Q4 2018. NDTV reported consolidated TCL of Rs 20.40 crore during the quarter under review as compared to a consolidated total comprehensive income of Rs 7.14 crore in Q4 2017.Consolidated operating revenue in Q4 2018 fell 25.7 per cent yoy to Rs 108.40 crore as compared to Rs 145.92 crore in Q4 2017.

    Let us look at the other consolidated numbers reported by NDTV

    Total expense in FY 2018 reduced 12.5 per cent to Rs 501.06 crore from Rs 572.55 crore in the previous year. Production expenses and cost of services reduced 23.3 per cent in FY 2018 to Rs 83.64 crore from Rs 109.05 crore in FY 2017. Employee benefit expense during the year under review reduced 9.5 per cent in fiscal 2018 to Rs 212.59 crore from Rs 234.90 crore in the previous year. Operation and administration expense reduced 7.5 per cent in FY 2018 to Rs 106.61 crore from Rs 115.30 crore in FY 2017. Marketing, promotion and distribution expense during the year under review reduced 14.9 per cent to Rs 62.14 crore from Rs 72.06 crore in FY 2017.

    Also Read:

    NDTV to reduce workforce by up to 25%

    NDTV puts top management in place

  • Aditi Bhatnagar to join Network18 as EVP special projects

    Aditi Bhatnagar to join Network18 as EVP special projects

    MUMBAI:  In a restructuring mode, Reliance Industries-controlled Network18 has not only been shuffling senior executives vesting in them newer responsibilities, but also bringing in professionals from outside. The latest is Aditi Singh Bhatnagar who is joining the group as EVP of special projects.

    Bhatnagar was previously COO-cum-head of special projects and events at NDTV.

    Earlier, Network18 announced the elevation of Avinash Kaul as the chief operating officer of the group with continued and additional responsibility as managing director at A+E Network at TV18 Broadcast, a subsidiary that runs and manages the TV channels of Network18.

    According to company sources, even as more restructuring in Network18 is gradually affected after the controlling stake in Viacom18, Bhatnagar will report to the group’s president for marketing and special projects Priyanka Kaul.

    Having spent about two decades at NDTV, Bhatnagar, an alumnus of Delhi’s prestigious SRCC, has held leadership positions in her previous company driving business and strategies in areas such as content development, revenue and business development, production and sales.

    Network18 Media and Investments Ltd is a media and entertainment company with interests in television, internet, filmed entertainment, digital business, magazines, mobile content and allied businesses. The company manages various digital businesses, including portals such as moneycontrol.com, ibnlive.com, burrp.com, in.com and firstpost.com. It also operates digital commerce properties like HomeShop18 and bookmyshow.com. In addition, Network18 is a leading player in the publishing space having under its wings titles such as Forbes India, Overdrive, Better Interiors and Better Photography. Network18 has also allied investments in Colosceum, Toppers, 24X7 Learning, Yatra and Ubona.

    Through its subsidiary TV18 Broadcast Limited, the group operates news channels such as CNBC-TV18, CNBC Awaaz, CNBC Bajar, CNBC-TV18 Prime HD, CNN-News18, IBN7, ETV channels and IBN-Lokmat (a Marathi regional news channel in partnership with the Lokmat group).

    TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels like Colors, Colors HD, Colors Infinity, Rishtey, MTV India, MTV Indies, Comedy Central, Vh1, Nick, Sonic, Nick Jr, Teen Nick and Viacom18 Motion Pictures, the group’s filmed entertainment business. TV18 operates a factual entertainment channel History TV18 and FYI TV18 through a joint venture with A+E Networks.

    Also Read :

    Network18 appoints Avinash Kaul as COO

    Turner appoints IndiaCast as exclusive distribution agent

    TV18 to increase Viacom18 stake to 51%

  • Retail, e-com biz eat into NDTV’s TV media profits for Q3

    Retail, e-com biz eat into NDTV’s TV media profits for Q3

    BENGALURU: Prannoy and Radhika Roy-led New Delhi Television Limited (NDTV) reported consolidated operating profits–simple EBITDA including other income–of Rs 1.88 crore (1.6 per cent margin) for the quarter ended 31 December 2017 (Q3 2018, quarter under review). For the corresponding year ago quarter (Q3 2017) and the trailing quarter (Q2 2018), the company had reported consolidated operating losses of Rs 14.90 crore and Rs 9.74 crore respectively.  

    NDTV has two segments–television media and related operations (television); and retail/e-commerce. The company reported operating profit of Rs 7.54 crore for its television segment against revenue of Rs 109.96 crore for the quarter under review. Year-on-year (yoy), Q3 2018 television segment revenue was 7 per cent lower than Rs 118.27 crore for Q3 2017. The company had reported an operating loss for the television segment of Rs 4.29 crore for the corresponding year ago quarter. NDTV reported 18.2 per cent higher yoy operating revenue of Rs 4.55 crore for Q3 2018 as compared to Rs 3.85 crore for Q3 2017 for its digital/e-commerce segment. Digital/e-commerce segment incurred lower operating loss of Rs 9.50 crore in the quarter under review as compared to Rs 15.18 crore in Q3 2017.

    NDTV said in its earnings release for the quarter that the fact that the company is EBITDA positive proves that its turnaround plan is quickly progressing.

    Let us look at the other numbers reported by NDTV

    NDTV reported a 78.5 per cent drop in consolidated revenue for the quarter under review at Rs 112.24 crore as compared to Rs 121.3 crore for Q2 2017. The company reported consolidated net loss of Rs 22.42 crore for Q3 2018 as compared to a net loss of Rs 26.26 crore for Q3 2017.

    Consolidated total expenditure for the quarter declined 16.3 per cent yoy to Rs 123.13 crore from Rs 147.03 crore. Production expenses and cost of services declined 14 per cent yoy to Rs 23.16 crore from Rs 26.93 crore. Employee benefit expenses reduced 20.5 per cent yoy to Rs 49.38 crore from Rs 62.11 crore. Operating and administrative expenses for Q3 2018 declined 16.4 per cent yoy to Rs 24.97 crore from Rs 29.87 crore. Marketing, distribution and promotional expenses declined 7.6 per cent yoy to Rs 16.60 crore from Rs 17.95 crore.

    Also Read :

    NDTV puts top management in place

    NDTV Profit to be shut down, to move business & finance segments on NDTV 24×7

    NDTV promoters get clean chit from SEBI in disclosure case

  • Shweta Jain joins Amazon Internet Services

    Shweta Jain joins Amazon Internet Services

    MUMBAI: Former NDTV senior vice president of software solutions Shweta Jain has joined Amazon Internet Services as head of media and entertainment services for South Asia.

    Amazon Internet Services is a local legal Indian entity that acts as a reseller for Amazon Web Service (AWS) in the country.

    As head of the media and entertainment vertical at AWS India, Jain will work with media organisations helping them initiate/accelerate their cloud adoption for better efficiencies and scalability.

    Jain has joined Amazon after a stint of more than 19 years with NDTV, where she worked closely with editorial and production teams.

    “Super excited to join the AWSome India team of @Amazon Web Services, to head Media and Entertainment business across India and neighbouring countries. Joining AWS empowers my own belief in the power of cloud and the huge impact it can have on the media enterprises–big and small, traditional and contemporary,” Jain posted on her Linkedin profile.

    “After a highly rewarding stint of nearly two decades at NDTV, where I enjoyed teaming up with many remarkably talented people doing some fantastic work, I’m now moving on to my next challenge,” she added.

    Apart from her stint at NDTV, Jain was also the founder director of a digital business incubated at NDTV, managing the P&L of a B2B vertical publishing TV listings (EPG) of over 1000 channels to more than 50 platforms in India and abroad. She also founded UREQA, a content discovery and personalised recommendation app for Android.

    Also Read:

    Making the news: A look at what news broadcasters did in 2017

    NDTV to reduce workforce by up to 25%

  • Assembly elections catapult English news genre viewership

    Assembly elections catapult English news genre viewership

    BENGALURU: The recent elections in Gujarat and Himachal Pradesh have given a fillip to the sagging viewership of the Indian English news genre.It clocked the third-highest combined viewership for the top-five channels (All India (U+R): NCCS AB: Males 22+ Individuals) in 2017 during the week election results were declared. According to Broadcast Audience Research Council (BARC) data, the combined ratings of the top-five English news channels were 3.808 million weekly impressions in the penultimateweek of 2017 (Saturday,17 December 2016 to Friday, 23 December 2016). 

    The top-five channels of the genre had earlier recorded higher combined ratings of 4.897 million weekly impressions and 4.282 million weekly impressions in weeks 11 and 19 of 2017,respectively.During week 11, assembly election results of five Indian states were announced and week 19 was the week in which the current genre leader–the ArnabGoswami-led Republic TV was launched. The fourth highest combined ratings of the top-five channels of the genre (3.781 million weekly impressions) in the year was in week 29 of 2017 when the Supreme Court gave its verdict for Indian godman Ram Rahim case.

    It may be noted that the ratings of week 21 of 2017 have not been considered in this report because in that week all the major English news channels, excluding Republic TV and a few others, had withdrawn from the BARC ratings system. Hence,BARC viewership data for week 21 of 2017 has not been considered in this paper.

    Please refer to the figure below:

    public://chart2_1.jpg

    Another yardstick that many in the industry consider more reliable are the four-week average ratings. Since data for week 52 of 2017 has still to be released, a three-week average has been calculated for weeks 49 to 51 in the figure below. Also, since data for week 21 of 2017 has not been considered in this paper, data for weeks 22 to 24 is also a three-week average.

    In case the viewership ratings of the genre fall in the last week of 2017, the four-week average ratings for the last four weeks will be lower than the three-week average viewership figure of 3.0220 million weekly impressions (the likelihood of which is quite high). The highest four-week average recorded by the genre in 2017 was in weeks 29 to 32 at 3.2695 million weekly impressions. As is obvious, the genre’s ratings were in freefall after that until the weeks leading up to and after the assembly elections in the two states. 

    public://chart_1.jpg

    The number in maroon text in the figure above for weeks 49-51 is the average of 3 weeks.

    Top-fiveEnglish news genre channels ratings in week 51 of 2017

    The combined ratings of the top-five channels of the English news genre grew by 31.81 percent in week 51 as compared with week 50. The same channels that featured in the list of week 50 remained in week 51 with a slight shuffle in the ranks.

    Republic TV has been leading the genre in terms of viewership right from the week it was launched. As the leader for week 51,it garnered 1.480 million weekly impressions, followed by Times Now with 1.203 million weekly impressions. The former’s viewership expanded by 50.71 percent in week 51 as against week 50, while Times Now’s ratings grew by 39.24 percent during the week under review. Both channels retained their previous week’s first and second ranks respectively.

    Climbing up a place to third rank in week 51 was CNN News 18–the channel had viewership of 0.443 million weekly impressions in week 51 compared with 0.329 million weekly impressions of week 50, indicating growth of 34.65 percent. At fourth place in week 51 and down a rank from week 50 was India Today Television (ITTV). ITTV recorded 0.424 million weekly impressions for week 51 of 2017, which was 8.23 percent lower than the 0.462 million weekly impressions in week 50. At fifth place was NDTV 24×7 with 0.258 million weekly impressions in week 51 of 2017 which was 2.38 percent more than the 0.252 million weekly impressions in week 50.

    Republic TV bandied some numbers on its screen just after BARC data was released claiming to have had 50 percent of the viewership of the English news channels on the day the Gujarat and Himachal Pradesh assembly election results were announced.

    Also read:

    Four Star India channels among top 10 channels across genres

    Hindi News genre versus Indian English News during festival week

    Indian English News genre facing festival blues?

  • NDTV to reduce workforce by up to 25%

    NDTV to reduce workforce by up to 25%

    MUMBAI: NDTV Group is undertaking measures to prune its workforce by up to 25 per cent in a bid to bring down costs and improve profitability. The move is a part of turnaround plan that was tabled a few months ago. A part of this plan was implemented in the last  quarter  and  included the much-noted  move  to new  technologies,  including to  mobile journalism. 

    The media company has pointed out that reporters  across  the country are now using mobile phones for the most efficient delivery of breaking news.

    “The strategy we are adopting calls for a far leaner operation, which  will feed only  our core business: our English and Hindi  news  channels, and NDTV Convergence and its digital teams  that  run  our  news  and other  apps and websites,” NDTV’s release to the BSE stated.

    As a result, the company will minimise all ancillary businesses that NDTV  had  expanded  into   over   the   last  few years.  “Given our  reprioritisation, our  workforce has to be altered too. Over  the next  month, we are considering   reduction  of the  workforce by up to 25 per cent,” the release added.

    When we reached out to NDTV, they declined to comment on the release.

    Also Read:

    Hindi news channels alter programming for Gujarat elections

    NDTV Digital narrows NDTV loss in second quarter

    NDTV restructures biz & newsroom amidst reports of layoffs

  • Star India to introduce VR for IPL 2018

    Star India to introduce VR for IPL 2018

    NEW DELHI: With Star India, you can always expect the unexpected or something high-octane. In line with this philosophy, the broadcaster, along with its over-the-top (OTT) service Hotstar, is exploring the use of virtual reality, or VR, to heighten viewer experience during the 2018 season of the Indian Premier League (IPL).

    Speaking at a session themed ‘10 Media Transformations for 2018 & Beyond’ at the CII Big Picture Summit 2017 here yesterday, Hotstar’s consumer and revenue head Prabh Singh gave a sneak peek into the innovations being planned around the IPL, which included the VR experience for viewers.

    “Yes,” Singh said when asked by session moderator and NDTV consulting editor Vikram Chandra whether he had heard correctly that Star/Hotstar was mulling introducing VR headsets for viewers in IPL matches in 2018.

    Apart from VR, Singh divulged that Hotstar had been experimenting with other innovations such as score overlays to give additional benefits to subscribers watching cricket matches on the streaming service so they could not only watch the video but also enjoy extra information to add to the overall viewing experience.

    On the sidelines of the event, when asked by Indiantelevision.com how the VR experiment would play out, Singh mysteriously said: “wait and watch”. Pressed further on the issue whether VR headsets would be given to random spectators in stadiums or select subscribers of Hotstar, he added that the logistics were still being worked out, which included a possible tie-up with a VR (headset) company, too.

    Will the VR experience be extended to all the IPL matches? Singh refused to comment on the question.

    Star India, earlier in the year, had won the five-year global broadcast and digital rights to the IPL for $ 2.55 billion, a sum that has been described as from being `staggering’ to `over-priced’ to simply OTT.

    In September, when asked how the company planned to monetise the IPL, Star India chairman and CEO Uday Shankar (now elevated as head of 21st Century Fox Asia) in an interview to Indiantelevision.com had said: “All I know is that IPL is a very powerful tournament and cricket runs really deep in everybody’s bones in this country. To be successful, you just need to work on intensifying and heightening the experience of cricket further.”

    ALSO READ:   

    http://www.indiantelevision.com/television/tv-channels/sports/star-bids-highest-for-ipl-media-rights-and-is-the-winner-170904

    http://www.indiantelevision.com/television/tv-channels/gecs/stars-uday-shankar-on-distribution-challenges-ipl-fta-vs-pay-tv-innovations-make-in-india-content-and-much-more-170919

    http://www.indiantelevision.com/specials/event-coverage/asia-tv-forum/17-to-be-year-of-survival-for-vr-market-161209

    http://www.indiantelevision.com/specials/event-coverage/vidnet/republic-to-debut-vr-content-from-august-for-viewers-170714

  • NDTV puts top management in place

    NDTV puts top management in place

    MUMBAI: There’s top management restructuring at the troubled news broadcaster NDTV group. The company has been at the receiving end with the income tax authorities for the past few years following “unjustifiable’ tax claims being imposed on it. And rumours have been abounding about its acquisition by other parties.  Late October , the Securities Exchange Board of India cleared them of charges related to delayed financial results disclosures at the end of financial year 2011-2012.

    The vacuum at the top – following the passing away of CEO KVL Naryan Rao – has been filled. The Prannoy Roy-Radhika Roy promoted company has moved NDTV Convergence Ltd CEO Suparna Singh to the corner office, managing the entire group as of 4 December 2017. The company’s website says that she ” as been with NDTV for 25 years and has the highest-level experience in all aspects of NDTV functions: editorial in both broadcast TV and internet, revenue and cost management. She has helped NDTV create and run a major new property in NDTV Convergence, which is internationally recognised. It is and has always been a profitable venture.”

    The group’s director finance and group CFO Saurav Banerjee has been elevated to co-CEO. According to the NDTV website, “as part of his role as Co-CEO, Saurav works closely with the CEO in looking at operations and oversees financial planning, taxation, legal and compliances. Widely respected across the financial world, Saurav has been involved in raising finances, capital restructuring, mergers & acquisitions and statutory compliances with more than a decade of service with the company.”

    Ravi Asawa is stepping into his shoes as group CFO, NDTV. Ravi has rich experience in corporate finance, mergers and acquisitions, treasury, corporate governance and financial processes across multiple knowledge domains like media, IT services, eCom and manufacturing industries. He is a finance professional with more than two decades of experience and has been the strategic backbone of the NDTV Group Finance team for more than nine years.

    The announcement was made to the Bombay stock exchange following the go-ahead at a board meeting earlier today.

    Also Read: http://www.indiantelevision.com/television/tv-channels/news-broadcasting/spicejets-ajay-singh-may-take-control-of-ndtv-170922

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/ndtv-profit-to-be-shut-down-to-move-business-finance-segments-on-ndtv-24×7-170602

    http://www.indiantelevision.com/television/tv-channels/people/ndtv-s-kvl-narayan-rao-passes-away-171120

    http://www.indiantelevision.com/television/tv-channels/people/obit-in-memory-of-kvl-narayan-rao-171121

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/ndtv-promoters-get-clean-by-sebi-chit-in-disclosure-case-171025

     

  • Obit: In memory of KVL Narayan Rao

    Obit: In memory of KVL Narayan Rao

    NDTV group CEO and executive vice chairperson KVL Narayan Rao had been battling cancer grittily for at least a couple of years. And, at times, it looked like he was on the verge of conquering it, of getting the life-threatening ailment out of his system. But on the morning of 20 November 2017, his body, which had been ravaged and weakened by various treatments and the cancer itself, gave up.

    A message was sent out to the staff of NDTV by promoters Prannoy and Radhika Roy stating that the 63-year-old Narayan Rao was no more.

    Said the husband-wife duo in the message: “Narayan was the most wonderful human being—kindness was in his DNA, consideration for others was in his DNA, leadership was in his DNA, warmth and generosity were in his DNA, humour and fun were in his DNA and most of all, integrity and love was in his DNA.”

    “Narayan was our friend for over 30 years and we loved him like a brother. We learnt so much from Narayan and admired how he created a compassionate environment at NDTV and, in fact, everywhere he went, with everyone he met. Just as we loved him, there are hundreds of others like us for whom Narayan was very, very special. Seldom has a person been loved by so many and will be deeply missed by so many.”

    “Narayan was one of a kind. A towering personality in every way.”

    Indeed, for us at indiantelevision.com, dealing with the six-foot-plus Narayan was always a pleasure. He came across as a gentleman every time one spoke to him or met him. Not once in the many years of knowing him did we see him lose his cool. Whether it was a rookie journalist reaching out to him for his insights or his quotes on an issue or story. Or whether it was an experienced journo who called him, Narayan was always there. And, if not available, he was gracious enough to call back. He would always be open to provide a different perspective on any issue. He had the old English demeanor, the unflappable kind, the kind that saw him break into a smile no matter what the challenge or demand. Probably, his early days as a journalist gave him that empathy for scribes.

    He was also there when we invited the NDTV group to participate at our News Television Awards. In the early days of the awards, he would find resources to support our initiative financially as a partner. In the past few years, thanks to NDTV’s financial woes, he had asked to be excused. But he would be there to present awards to the winners who were decided by a jury of almost 100. Like he was there last year at our function in New Delhi when it looked like he had won against the dreaded C and he came back to run NDTV, following the stepping down of the then CEO Vikram Chandra.

    He was seen as this statesman-like professional who could lead. And be the voice of the industry despite the long standoff that NDTV was having with the income tax authorities, the enforcement directorate, and, some say, even the government. Hence, he served at least four terms as the News Broadcasters’ Association president and was executive vice-chairperson of the association at the time of his passing away. He was also associated with the IBF, the CII, and several other bodies.

    Narayan was always there for the Roys and the team at NDTV, for whom he stood up for with consistency. Appan Menon, Barkha Dutt, Rajdeep Sardesai, Arnab Goswami, Pankaj Pachauri, and Vikram Chandra–they all flowered as Narayan laid the environment, the culture at NDTV that allowed them to. The Roys were busy running the editorial while Narayan ran the company administratively and also helped build the organisation into a rather robust one. Until the empire struck back.

    Narayan was also at the forefront of bringing in change in TV viewership monitoring in the country. He took TAM and its parents to court in New York, claiming that their research was not representative of what was really happening in Indian TV homes. That and other actions from other broadcasters led to the shutting down of TAM, the creation of new regulations for TV viewership monitoring, and the setting up of BARC.

    Said the Roys in their note on the NDTV website: “We will miss you, Narayan. More than you can imagine. Everyone at NDTV will miss you. More than you can imagine. God bless you, Narayan.”

    Indeed, you will be missed Narayan. RIP!