ITV

Tag: Network18

  • Dish TV terms Videocon d2h acquisition plans speculative

    Dish TV terms Videocon d2h acquisition plans speculative

    MUMBAI: Leading Indian DTH operator, DishTV, has rubbished news reports that it was acquiring or it is in talks to acquire India’s fastest growing DTH operator Videocon d2H. It has issued a press statement and a release to the Bombay stock exchange which says: “This is in reference to the news relating to the proposed acquisition of Videocon D2H by Dish TV appearing in certain sections of media. The news is speculative in nature and as a Policy, Dish TV does not comment on market speculations and rumours.”

    An article on moneycontrol.com, owned by the Network18 group, had stated that Dish TV India was in the running to take over Videocon d2H. According to moneycontrol, the latter had put up a bid price which valued itself at around $1 billion. Dish TV’s offer price was lower, and it was trying to bring d2H’s bid down. Said the report: “The two companies are negotiating on valuations close to $ 1 billion. This is because Videocon’s ask price is currently higher than what Dish TV has offered. Nasdaq-listed Videocon d2H has a market capitalisation of of USD 855 million and has a net debt of Rs 1600 crore. The losses that the company had last fiscal year stood at Rs 92.2 crore.”

    The article had further claimed that: “Even the lenders have suggested that sale of Videocon d2H to Dish TV is likely.”

    This had been supported by other news reports which had explained that lenders – banks and financial institutions – to the Vengopal Dhoot promoted Videocon group were allegedly forcing it to offload assets as it is too heavily leveraged. The reports had stated that the much diversified group which began in electronics but today was involved in oil and gas had taken on a debt pile that it was finding difficult to service. Hence, it was exploring several options to pare its loans by finding buyers for assets like its oil and gas operations or its direct to home television businesses, the reports had claimed.

    But with DishTV pooh-poohing that it was amongst the suitors for Videocon d2H, at least speculation about one of the alleged transactions has been put to rest.

  • Dish TV terms Videocon d2h acquisition plans speculative

    Dish TV terms Videocon d2h acquisition plans speculative

    MUMBAI: Leading Indian DTH operator, DishTV, has rubbished news reports that it was acquiring or it is in talks to acquire India’s fastest growing DTH operator Videocon d2H. It has issued a press statement and a release to the Bombay stock exchange which says: “This is in reference to the news relating to the proposed acquisition of Videocon D2H by Dish TV appearing in certain sections of media. The news is speculative in nature and as a Policy, Dish TV does not comment on market speculations and rumours.”

    An article on moneycontrol.com, owned by the Network18 group, had stated that Dish TV India was in the running to take over Videocon d2H. According to moneycontrol, the latter had put up a bid price which valued itself at around $1 billion. Dish TV’s offer price was lower, and it was trying to bring d2H’s bid down. Said the report: “The two companies are negotiating on valuations close to $ 1 billion. This is because Videocon’s ask price is currently higher than what Dish TV has offered. Nasdaq-listed Videocon d2H has a market capitalisation of of USD 855 million and has a net debt of Rs 1600 crore. The losses that the company had last fiscal year stood at Rs 92.2 crore.”

    The article had further claimed that: “Even the lenders have suggested that sale of Videocon d2H to Dish TV is likely.”

    This had been supported by other news reports which had explained that lenders – banks and financial institutions – to the Vengopal Dhoot promoted Videocon group were allegedly forcing it to offload assets as it is too heavily leveraged. The reports had stated that the much diversified group which began in electronics but today was involved in oil and gas had taken on a debt pile that it was finding difficult to service. Hence, it was exploring several options to pare its loans by finding buyers for assets like its oil and gas operations or its direct to home television businesses, the reports had claimed.

    But with DishTV pooh-poohing that it was amongst the suitors for Videocon d2H, at least speculation about one of the alleged transactions has been put to rest.

  • Network18 hires Zee Business’ Amish Devgan as executive editor

    Network18 hires Zee Business’ Amish Devgan as executive editor

    MUMBAI: The game of musical chairs in the Indian news TV channel business continues unabated. Over the last couple of months there have been many a high profile resignation and reappointment amongst those delivering news to Indian viewers. The latest to also make a move is  Amish Devgan  who has hopped on board Network18 as executive editor.  

    Devgan will closely work with Network18 news CEO and group editor in chief Rahul Joshi and consulting editor Prabal Pratap Singh. He will use his expertise to devise various strategies and plans for all the Hindi news channels under the group. Network 18 has two Hindi news channels namely IBN7 and CNBC Awaaz.

    With 16 years of journalistic experience, Devgan recently moved out of Zee Media after 14 years. In his last role, he was a prime time anchor and chief editor with Zee Business and hosted the highest TRP gaining show Big Story Big Debate at 8 pm daily. The show included several debates and discussions on various current day-to-day issues across politics, economy, and financial markets with high profile political, corporate guests and experts on camera.

    Devgan started his career with Hindustan Times and joined Zee News in 2002. He later moved to Zee Business in 2005.  He has won several accolades in the past and has successfully created a niche for himself amongst business anchors.

    A tweet from Subhash Chandra appreciating Amish Devgan

    http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/large/public/zee.jpg?itok=hlttgRgP

  • Network18 hires Zee Business’ Amish Devgan as executive editor

    Network18 hires Zee Business’ Amish Devgan as executive editor

    MUMBAI: The game of musical chairs in the Indian news TV channel business continues unabated. Over the last couple of months there have been many a high profile resignation and reappointment amongst those delivering news to Indian viewers. The latest to also make a move is  Amish Devgan  who has hopped on board Network18 as executive editor.  

    Devgan will closely work with Network18 news CEO and group editor in chief Rahul Joshi and consulting editor Prabal Pratap Singh. He will use his expertise to devise various strategies and plans for all the Hindi news channels under the group. Network 18 has two Hindi news channels namely IBN7 and CNBC Awaaz.

    With 16 years of journalistic experience, Devgan recently moved out of Zee Media after 14 years. In his last role, he was a prime time anchor and chief editor with Zee Business and hosted the highest TRP gaining show Big Story Big Debate at 8 pm daily. The show included several debates and discussions on various current day-to-day issues across politics, economy, and financial markets with high profile political, corporate guests and experts on camera.

    Devgan started his career with Hindustan Times and joined Zee News in 2002. He later moved to Zee Business in 2005.  He has won several accolades in the past and has successfully created a niche for himself amongst business anchors.

    A tweet from Subhash Chandra appreciating Amish Devgan

    http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/large/public/zee.jpg?itok=hlttgRgP

  • Network18’s Vishal Srivastava quits

    Network18’s Vishal Srivastava quits

    MUMBAI: Network 18 is seeing major reshuffling with several elevations, appointments and resignations across its portfolio of channels. Adding to the list is CNBC TV18 executive VP and Head global business Vishal Srivastava who has stepped down from his position. In his past role, Srivastava used to head the government and international sales for all the channels under the network.  

    A source close to the development told Indiantelevision.com that Network 18 does not have a replacement for Srivastava as of yet. He has been associated with the company for more than 13 years.

    The company recently saw CNBC Awaaz and CNBC Bajar editor in chief Sanjay Pugalia stepping down. Pugalia had joined TV18 as editor for its Hindi language programming initiatives in March 2004. In an internal mail that was circulated, Alok Joshi has been elevated as the managing editor of CNBC Awaaz and CNBC Bajar while Dharmendra Singh has been elevated to deputy managing editor.

    In the past, Network18 had appointed Joy Chakraborthy as president of revenue at TV18 in April 2016. Chakraborthy looks after the revenue across all entities within TV18. The many sales heads under the TV18 group except for Viacom18 report to him.

     

     

  • Network18’s Vishal Srivastava quits

    Network18’s Vishal Srivastava quits

    MUMBAI: Network 18 is seeing major reshuffling with several elevations, appointments and resignations across its portfolio of channels. Adding to the list is CNBC TV18 executive VP and Head global business Vishal Srivastava who has stepped down from his position. In his past role, Srivastava used to head the government and international sales for all the channels under the network.  

    A source close to the development told Indiantelevision.com that Network 18 does not have a replacement for Srivastava as of yet. He has been associated with the company for more than 13 years.

    The company recently saw CNBC Awaaz and CNBC Bajar editor in chief Sanjay Pugalia stepping down. Pugalia had joined TV18 as editor for its Hindi language programming initiatives in March 2004. In an internal mail that was circulated, Alok Joshi has been elevated as the managing editor of CNBC Awaaz and CNBC Bajar while Dharmendra Singh has been elevated to deputy managing editor.

    In the past, Network18 had appointed Joy Chakraborthy as president of revenue at TV18 in April 2016. Chakraborthy looks after the revenue across all entities within TV18. The many sales heads under the TV18 group except for Viacom18 report to him.

     

     

  • Network18 unveiled CNN-News18 outlook at 8 pm

    Network18 unveiled CNN-News18 outlook at 8 pm

    MUMBAI: Setting a new benchmark in television news, Network18 has announced the re-branding of its English general news channel CNN-IBN to CNN-News18.  The channel has unveiled a new name and logo, its revamped studio and a new look and feel to the news screen tonight at 8 pm. Refreshing the approach to news telling, CNN-News18 will make news more relevant to its viewers by bringing immersive journalism to the forefront. IBNLive.com, the digital destination of the channel, is also changing to News18.com.

    Speaking on the occasion, Network18 chairman Adil Zainulbhai said, “A decade back, CNN-IBN re-invented news by getting to its viewers the benefits of a reputed international news partner CNN, and eventually emerging as the most awarded English general news channel.  We are now at a time when breaking news role is taken by social media and there is an oversupply of news sources because of which just breaking news isn’t enough. In this problem of plenty, quality suffers and consumers don’t know what to believe or trust in. Also the insights into an issue keep getting compromised for lack of time and resources. Realizing this gap, we have decided to take the onus of breaking this clutter by focusing on quality of reporting, in-depth analysis and an all-round view of key issues. We are optimistic about bringing this change wherein we will keep the journalist and the consumer at the centre of our programming, which is the critical need of the hour.”

    Speaking about the re-branding and revamped content, IBN News Network CEO Avinash Kaul, said, “The refreshed identity of CNN-News18 aims to bring the value of immersive journalism to its viewers. Inspired by our new tagline – ‘On Your Side’, CNN-News18 will strive to make news more objective keeping the viewers at the centre of its content strategy. We will significantly ramp-up our digital presence to ensure that viewers are seamlessly able to interact and engage with our content.”

    CNN-News18 is bringing to viewers new formats of programming and a panel of the country’s top commentators including Vir Sanghvi, Swapan Dasgupta, Ayaz Memon and Ajoy Bose. Prime Time 2.0, from 8 pm to 11 pm, will bring together an unmatched blend of on-ground reporting, opinions, debates and even a daily dose of humour. The weekend will see several new shows including Virtuosity – an exclusive show on the week’s key issues with Vir Sanghvi.

    “CNN-News18’s programming will focus on leveraging our strength in reporting to offer in-depth on-ground coverage by deploying even more resources in news gathering and bring out multiple angles to each story. We will raise the quality of debates and in-studio discussions by engaging the nation’s foremost journalists & opinion makers. The channel will bring freshness to news television by developing new on-air talent and exploring diverse genres of programming. CNN-News18 will not just offer the latest national news, but also an Indian perspective to international developments. Our partnership with CNN will enable us to bring to you the best of CNN reporters, anchors and their best known shows. It will allow us to align our editorial strengths and upgrade workflows through exchange of best practices, technology and training  to offer our viewers the best experience of news consumption in India” added Avinash Kaul.

  • Network18 unveiled CNN-News18 outlook at 8 pm

    Network18 unveiled CNN-News18 outlook at 8 pm

    MUMBAI: Setting a new benchmark in television news, Network18 has announced the re-branding of its English general news channel CNN-IBN to CNN-News18.  The channel has unveiled a new name and logo, its revamped studio and a new look and feel to the news screen tonight at 8 pm. Refreshing the approach to news telling, CNN-News18 will make news more relevant to its viewers by bringing immersive journalism to the forefront. IBNLive.com, the digital destination of the channel, is also changing to News18.com.

    Speaking on the occasion, Network18 chairman Adil Zainulbhai said, “A decade back, CNN-IBN re-invented news by getting to its viewers the benefits of a reputed international news partner CNN, and eventually emerging as the most awarded English general news channel.  We are now at a time when breaking news role is taken by social media and there is an oversupply of news sources because of which just breaking news isn’t enough. In this problem of plenty, quality suffers and consumers don’t know what to believe or trust in. Also the insights into an issue keep getting compromised for lack of time and resources. Realizing this gap, we have decided to take the onus of breaking this clutter by focusing on quality of reporting, in-depth analysis and an all-round view of key issues. We are optimistic about bringing this change wherein we will keep the journalist and the consumer at the centre of our programming, which is the critical need of the hour.”

    Speaking about the re-branding and revamped content, IBN News Network CEO Avinash Kaul, said, “The refreshed identity of CNN-News18 aims to bring the value of immersive journalism to its viewers. Inspired by our new tagline – ‘On Your Side’, CNN-News18 will strive to make news more objective keeping the viewers at the centre of its content strategy. We will significantly ramp-up our digital presence to ensure that viewers are seamlessly able to interact and engage with our content.”

    CNN-News18 is bringing to viewers new formats of programming and a panel of the country’s top commentators including Vir Sanghvi, Swapan Dasgupta, Ayaz Memon and Ajoy Bose. Prime Time 2.0, from 8 pm to 11 pm, will bring together an unmatched blend of on-ground reporting, opinions, debates and even a daily dose of humour. The weekend will see several new shows including Virtuosity – an exclusive show on the week’s key issues with Vir Sanghvi.

    “CNN-News18’s programming will focus on leveraging our strength in reporting to offer in-depth on-ground coverage by deploying even more resources in news gathering and bring out multiple angles to each story. We will raise the quality of debates and in-studio discussions by engaging the nation’s foremost journalists & opinion makers. The channel will bring freshness to news television by developing new on-air talent and exploring diverse genres of programming. CNN-News18 will not just offer the latest national news, but also an Indian perspective to international developments. Our partnership with CNN will enable us to bring to you the best of CNN reporters, anchors and their best known shows. It will allow us to align our editorial strengths and upgrade workflows through exchange of best practices, technology and training  to offer our viewers the best experience of news consumption in India” added Avinash Kaul.

  • iTV Network ups Vikas Khanna as national sales head of India News

    iTV Network ups Vikas Khanna as national sales head of India News

    MUMBAI: iTV Network has elevated Vikas Khanna to the post of national sales head of India News.

    Khanna was initially the senior vice president at India News. He will be responsible for driving the all India ad sales revenue of India News national and will continue to report to India News CEO Varun Kohli.

    Commenting on the elevation, iTV Network MD Kartikeya Sharma said, “We are delighted to elevate Vikas as the national sales head of India News. This elevation is in line with our commitment to growth. His skills and wide experience will surely help India News reach the next level of growth.”

    Kohli added, “Vikas has played an important role in India News sales and with his elevation as national sales head, India News, he will take on a wider role. His strong track record of delivering growth and his understanding of the industry will help us move forward on our path of continued success.”

    “I am delighted and honoured to have been given the responsibility of driving the ad sales revenue of India News National. In this fiercely competitive market, I shall strive to further strengthen the various revenue streams of India News and achieve a robust growth in the coming year,” Khanna said.

    Khanna previously worked with Network18 where he was responsible for the advertising sales of IBN 7 North region. He served India Today Group for six years and then moved to Times of India and thereafter to NDTV Media wherein he handled brands such as NDTV India, NDTV 24×7 and NDTV Profit.

  • iTV Network ups Vikas Khanna as national sales head of India News

    iTV Network ups Vikas Khanna as national sales head of India News

    MUMBAI: iTV Network has elevated Vikas Khanna to the post of national sales head of India News.

    Khanna was initially the senior vice president at India News. He will be responsible for driving the all India ad sales revenue of India News national and will continue to report to India News CEO Varun Kohli.

    Commenting on the elevation, iTV Network MD Kartikeya Sharma said, “We are delighted to elevate Vikas as the national sales head of India News. This elevation is in line with our commitment to growth. His skills and wide experience will surely help India News reach the next level of growth.”

    Kohli added, “Vikas has played an important role in India News sales and with his elevation as national sales head, India News, he will take on a wider role. His strong track record of delivering growth and his understanding of the industry will help us move forward on our path of continued success.”

    “I am delighted and honoured to have been given the responsibility of driving the ad sales revenue of India News National. In this fiercely competitive market, I shall strive to further strengthen the various revenue streams of India News and achieve a robust growth in the coming year,” Khanna said.

    Khanna previously worked with Network18 where he was responsible for the advertising sales of IBN 7 North region. He served India Today Group for six years and then moved to Times of India and thereafter to NDTV Media wherein he handled brands such as NDTV India, NDTV 24×7 and NDTV Profit.