Tag: Raghav Bahl

  • The slow eclipse of India’s media and broadcasting pioneers

    The slow eclipse of India’s media and broadcasting pioneers

    MUMBAI: Once, they blazed across the Indian media landscape with the swagger of pioneers. Entrepreneur-led behemoths like Subhash Chandra’s Zee Entertainment, Kalanithi Maran’s Sun TV, Prannoy Roy’s NDTV, and Raghav Bahl’s Network18 weren’t just market leaders — they were institutions, holding their own even as foreign giants circled hungrily.

    Today, those stars are fading. Some have already fallen.

    Network18 and TV18 are now firmly in the grip of Reliance Industries and Disney Star. NDTV, long a bastion of editorial independence, is under the control of the Adani Group. Its founders — Roy and Radhika — have exited stage left, their names now relics of an era that once prized journalistic idealism.

    Zee, once the crown jewel of Indian broadcasting, is barely hanging on. The Chandra family — once majority owners — now clutch a meagre four-odd  per cent stake. It’s a dramatic fall from grace fuelled by Subhash Chandra’s ill-advised adventures into infrastructure. To bankroll these forays, he pledged Zee shares, opening the gates to lenders who came calling. The result: a sharp dilution of promoter ownership and a credibility crisis. The failed merger with Sony’s Indian arm, Culver Max Entertainment, only added insult to injury — scuppered reportedly due to concerns about Zee’s financial hygiene. A company once viewed as squeaky clean had its reputation muddied.

    Sun TV, the fourth of the old guard, is also showing cracks. Helmed with iron discipline by Kalanithi Maran, it long stood as a symbol of stability. But the facade is now under strain. A family feud has burst into public view, with brother Dayanidhi Maran accusing Kala of wresting control of Sun TV through backdoor share acquisitions. Legal notices have flown, regulatory filings issued, and the company insists all was above board. Still, some reputational damage has been done — and the gossip mills are churning.

    The result is a media map being redrawn in real time. Where once these founders shaped the narrative, today they’re either sidelined, embattled, or ousted. And as corporate titans and conglomerates take over, the question is whether passion-led media can survive in an era of balance sheets, bottom lines, and boardroom power plays.

    India’s media isn’t short on ambition. But nostalgia alone won’t stop the sun from setting on yesterday’s giants.

  • Raghav Bahl resigns as MD of The Quint

    Raghav Bahl resigns as MD of The Quint

    NEW DELHI: Serial entrepreneur, media veteran, and the founder of The Quint, Raghav Bahl has resigned as the managing director of the digital publisher. He, however, will continue to act as a non-executive promoter director on the board of the company.  Quint Digital Media runs and operates three digital platforms – thequint.com. hindi.thequint.com, and fit.thequint.com. The digital platforms offer media and journalism across five mediums – live, articles, videos, quint lab, and audio podcasts – across various categories.

    The information was provided on the Bombay Stock Exchange (BSE) via a statement reading, “In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the “LODR” Regulations”), we would like to inform that Raghav Bahl has resigned as the managing director of the company w.e.f. closure of business hours of 29 December 2020. Further,  Raghav Bahl will continue to act as non-executive promoter director of the board of the company.” 

    Bahl is best known for his past ownership of TV channels like TV18 India. He was also the founding/controlling shareholder and MD of Network18 Group and expanded it into a media conglomerate with TV channels, digital properties and a magazine. Under Bahl’s leadership, the company had formed successful joint ventures with CNBC, Forbes, A&E Networks, Viacom, and Time Warner, with whom it runs English news channel, CNN-News18.

    Later, along with wife Ritu Kapur, Bahl founded Quintillion Media. He also acquired a controlling stake in Gaurav Mercantiles in 2019 and merged Quintillion’s digital news businesses with it. 

    Bahl had planned to start a business news channel with Bloomberg under Quintillion Business Media. However, he was unable to procure a broadcast licence from the government for three years, eventually leading to the shutdown of the TV division in April 2020. He said he would focus on digital operations henceforth.

  • Final TDSAT order on Raghav Bahl’s plans to launch Bloomberg Quint expected on 9 Dec

    Final TDSAT order on Raghav Bahl’s plans to launch Bloomberg Quint expected on 9 Dec

    MUMBAI: The final TDSAT order on Horizon Satellite Services’ petition, seeking a name change for its TV license to ‘Bloomberg Quint,’ is expected on December 9.

    Horizon Satellite Services, that owned licenses of two news and current affairs TV channels, was acquired by Quintillion Business Media Private Ltd (QBM), a joint venture between Raghav Bahl and Bloomberg in a 74:26 partnership. After its acquisition by QBM, Horizon sought a name change of the television license it holds.

    Currently, the channel is called "Y TV" and Horizon had made an application to the Ministry of Information and Broadcasting (MIB) to change the name to ‘Bloomberg Quint’.

    Horizon has approached TDSAT after its application seeking a name and logo change for its TV license was pending with the MIB for months.

    The TDSAT order assumes significance as there have been media reports claiming that Bloomberg is expected to exit the JV and is looking for new partners in India on account of Bahl’s failure to secure a TV license for their planned business channel  ‘Bloomberg Quint’. Bahl, however, has called the media reports motivated and blamed it on the ‘competition’.

    "Some nonsense has just been published by our competitor who is getting very nervous about our imminent TV launch. Our application is coming up for a final order on Dec 9; and prospective investors are queuing up to invest with us,” Bahl wrote in a letter to the employees.

    "They have seen the enormous/pioneering success of our digital franchise, and are rather nervous about how we could disrupt their flagship operation!Also, this is a ham-handed ''get back'' at Bloomberg''s article on N18''s sale to TOI. Keep the faith. BQ shall remain in the race, and WIN," he added.

    In the last hearing on November 29, respondent (MIB) requested two weeks’ further time for taking a final decision on the pending application. Horizon opposed the request for more time on the ground their business interests are suffering on account of each day’s delay. Horizon further underlined that the respondent and the concerned authorities should have taken note of the observations in the last order to the effect that TDSAT was “not fully satisfied that the respondent have acted with due expedition”.

    “In such circumstances, this Tribunal feels that granting long time would cause further delay. Hence, the time granted earlier, even in the absence of any formal application, is extended by one week from today. It is expected that this time limit shall not be disregarded by the respondent. Post the matter under the same head on 9.12.2019,” TDSAT said in its order.

  • The Quint, founded by Raghav Bahl and Ritu Kapur, turns 4

    The Quint, founded by Raghav Bahl and Ritu Kapur, turns 4

    MUMBAI: The Quint, India’s leading mobile-first online news portal, completes four years of delivering bold and thought-provoking news, views and interactive content to its readers. With a variety of content across politics, entertainment, fitness & lifestyle, tech & auto and food & travel, The Quint has changed the way digital news is consumed in India.

    The Quint started off as a Facebook page publishing news in 2015 and since, has grown to approximately 16 million unique monthly visitors, nearly 69% of which comprises millennials, i.e. readers in the age group of 18 to 34 years (source: Google Analytics). The Quint caters to a massive WhatsApp subscriber base of 175K+ readers.

    The portal has redefined digital storytelling by popularising snackable content formats such as 360 degree videos, elections on mobile, podcasts and interactive stories. Through their social assets, The Quint reaches 100 million users every month. With deep expertise and forte in digital video, The Quint is the largest digital-only publisher on Facebook (Crowdtangle, February 2019 data).

    Ritu Kapur, founder and CEO, The Quint, says, “I have no doubt that it is our innovative, energetic, young team that gives The Quint its edge, making us the fastest growing digital only offering in the country. Our vision is to be the next-gen news leader.”

    Since its inception, The Quint has gone beyond just being a news portal. They have introduced multiple content verticals in keeping with what the audience wants. Quint Hindi has successfully managed to tap into the ever-growing Hindi speaking audience base. Quint Neon manages to get the pulse of millennials just right, and Quint FIT is the one-stop destination for health and fitness lovers. 

    To counter fake news, The Quint launched ‘WebQoof’, a fake news busting service. Their ongoing ‘Me, The Change’ campaign directly speaks to India’s first-time women voters and gives them a platform to put forth their aspirations.

    In just a span of four years, The Quint has indeed come a long way and created a unique space for itself in the digital news publishing space.

  • 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

  • Vidooly ranks BloombergQuint as most popular biz news publisher on FB video

    MUMBAI: Bloomberg|Quint, a business and financial news company, continues its rapid rise as the leading integrated business news platform in the country. In its June report, digital video analytics provider, Vidooly has rated Bloomberg|Quint as the ninth most popular news brand among new-age news publishers. It is the only business news brand featured in the Top 10, ahead of general news platform Firstpost and amongst other general news publishers such as Scroll and Indiatimes. The ranking is based on the number of video views clocked by brands.

    As will be recalled, Bloomberg|Quint is a partnership between global financial news leader Bloomberg Media and Quintillion Media, one of India’s fastest growing digital news ventures founded by serial entrepreneur Raghav Bahl. The partnership harnesses the unrivalled resources and pedigree of Bloomberg with Quintillion Media’s deep market experience in its business and financial news platform straddling digital, broadcast and live events. Bloomberg|Quint brings together some of the most respected names in Indian financial media such as Raghav Bahl, Menaka Doshi, Sanjay Pugalia and Anil Uniyal. The brand’s philosophy focuses on balancing journalistic objectivity and hard data with deep, insightful and sharp perspective and opinion.

    Bloomberg|Quint provides high-quality business news and insights to India’s decision-makers, executives and entrepreneurs. With a native, platform-first philosophy in content, Bloomberg|Quint has fast emerged as one of the most engaging business brands on digital. Bloomberg|Quint’s content spans engaging and innovative mobile-friendly formats including published articles, op-eds, live and produced video, data infographics and charts, social content, newsletters, polls and live chats, live streaming, photo essays and contests across its own and partner platforms including The Quint, Twitter, Yahoo, Facebook.

    Bloomberg|Quint CEO Anil Uniyal said, “We believe that India needed a truly digital-first, credible and premium business news product and Bloomberg|Quint serves that need. Our digital product has positioned us well as we get ready to launch and scale the broadcast and events business, as part of our integrated platform.”

  • Programming revamp benefitted News18 India, says editorial head

    MUMBAI: Hindi news channel News18 India, which undertook a revamp of its programming strategy few months back focusing on exclusive reports largely based on sting ops, has claimed that the plan is working as its ratings and viewership have increased.

    Some of the sting operations carried by News18 India after programming reboot included ‘ Operation Namak Haram’ that exposed top Pakistani film actors and singers living in India and their alleged involvement in black money deals; ‘Surgical Strike Ka Saboot’ involved a police officer in PoK or Pakistan-occupied Kashmir who admitted that strikes were carried out by the Indian Army on September 29, 2016 and ‘Operation Kaali Kursi’ that exposed bank managers of private banks willing to aid an undercover reporter in converting almost Rs. 70 million of old currency notes into new ones after demonetization late last year.

    Speaking to Indiantelevision.com, News18 India consulting editor Prabal Pratap Singh said, “The channel has grown exponentially since its re-launch. Several of our shows are consistently No. 1in their slots. This is a testimony to the content that we have been airing, which is in line with our channel’s philosophy  of `Danke Ki Chot Par’.”

    Singh said as the editorial head of the channel, his role is to help the team focus on issues that are relevant to India, especially those viewers who would be watching or tracking a Hindi news channel. “Focus on pertinent content and issues, relevant to our viewers, has ensured tremendous growth in our viewership,” he added.                      
    According to BARC India data of weeks 15-18, News18 India had an average weekly impression of 3634 (in ‘000) with a 16 per cent market share in the HSM megacities in NCCS 15+, which placed the channel one spot behind the segment leader Zee News that had a market share of 17.5 per cent during the period under review.  

    News18 India is part of the Network18 group that is controlled by Mukesh Ambani-promoted Reliance Industries Ltd. Reliance acquired Network18 from its founder Raghav Bahl and his associates in 2014.

    ALSO READ:

    Bebaq. Bekhauf set to change; TV18 to revamp IBN7 on 9 Nov

     

  • Raghav Bahl favours ‘reverse mentoring’ in media, awaits licence to start channel

    MUMBAI: Senior media professional Raghav Bahl believes senior editors need to encourage the thoughts of young journalists as “their perspective towards news is different and connected to the new-age digital readers.”

    Bahl believes consumers prefer large format for films and crucial matches on linear media, and short format for news etc on digital media and mobiles. Some media reports quoted Bahl on his plan to launch a television channel in three months for which a licence from the MIB was awaited.

    Experienced journalists must welcome ideas of young scribes as they were well-versed with the digital media, he felt, speaking at FICCI Frames 2017 concluding session.

    Unless the two generations worked together, India would not progress, he added. About the shift of short content, information and news to smartphones, he said professionals need to work towards keeping it relevant to the audience.

  • Pankaj Pachauri’s Go News unveils logo

    NEW DELHI: Another one has bitten the digital bullet. This time it’s former NDTV news anchor and former Prime Minister Manmohan Singh’s media advisor Pankaj Pachauri who’s going digital with his first entrepreneurial and news venture called Go News. And, keeping in tune with times, the logo was unveiled in a short video on Twitter.

    “Dear all, our news venture is getting ready for launch. We seek your support, blessing s and retweets!” Pachauri tweeted recently and it promptly got pinned and retweeted by media personalities and celebs. The tagline for the on-the-go news venture is `Credible, Co-creative, Concise.’

    The news venture, which is claimed to be a not-for-profit endeavour, is targeting all those who want their news on the go and on their hand-held devices, mostly smart phones. The product will be available across a variety of mobile platforms, including the popular Android and iOS.

    public://FullSizeRender_0.jpg

    According to industry sources, though Go News is still a work in progress as hiring of staff continues and other fine-tuning happens, the message is quite clear: take the traditional TV newsroom and journalism online — something that another digital entrepreneur Raghav Bahl described in a column for indiantelevision.com as “gods of the digital newsroom.”

    public://unnamed.png

    Though there are several credible digital news ventures in India up and running, two of the recent high-profile ventures include Arnab Goswami’s yet-to-be-launched Republic TV (renamed from the original Republic after political grandstanding by a politician and which will have a digital avatar too apart from the traditional look of a TV news channel) and former NDTV news anchor Barkha Dutt’s tie-up with Bahl’s The Quint for online video and written coverage of the ongoing State elections.

    Go News is being pegged as top class journalism available on hand-held devices in a country that soon may become the world’s largest mobile phone market. India may boast of over a billion mobile phone subscribers — which need not necessarily mean that one billion people own phones — but the Mint newspaper quoted a Pew Research Center survey released early 2016 as stating that only 17 per cent Indians owned smart phones and India stood among the lower half of surveyed countries in Internet usage between 2013 and 2015. Things may have changed for the better since such surveys, but availability of bandwidth and its quality remain amongst the top challenges for consumers here

     

  • Guest Column: The new gods of digital newsrooms

    Guest Column: The new gods of digital newsrooms

    Modern journalism began in the early 1600s, triggered, as any new vocation or market usually is, by technology, ie, the invention of the printing press. At first, a very crude community narrow-sheet was born, which was circulated to a few households in the vicinity. It took almost a hundred years of slow evolution for today’s broadsheet daily to acquire shape, with a large distribution footprint, photographs and advertising. It took another century for the next innovation in news journalism, the birth of radio broadcasting. But evolution was quicker after that, with television news appearing just a few decades after radio.

    Nearly 400 years later, around 1990, internet news disrupted the whole landscape. And that was a seminal turning point for mainstream journalism.

    Technology only changes the practices, never the principles of any established vocation – this was the irrefutable wisdom until the Internet turned a million axioms on their heads. Simply put, the principles of journalism – who, what, why, where, when, how, integrity of facts, stringent adherence to the truth, always giving the right of response to the accused/aggrieved – remained inviolable, even as the dissemination medium changed from ink on paper to sound on analogue waves to sound with moving pictures on electronic satellite signals. Technology could never change the principles, only the methods and practices, of telling a news story.

    But the Internet did the unthinkable, forcing mainstream journalism to modify its principles. I like to describe the pre-digital era of news as “the voice of God journalism” – the Gods, of course, were the all powerful editors. Since I won my editorial spurs in that bygone era, I too belong to that Tribe of Gods, where every morning, a bunch of stiff guys would troop into the conference room, with pencils and notepads, and decide the order of news stories for the day. It was such a unilateral exercise! “Let’s lead with Gandhi, then do that parliament debate … and just stuff a bit of sports and movies towards the end”. Done. The viewer was a complete “outsider”, her interests were peripheral, because “Gods” had the divine right to mandate the run order of news stories.    

    I grope for the correct adjective here. Archaic? Anathema? Anachronistic? Absurd? Perhaps all four of these, and a billion more, could be justifiably used if “the voice of God journalism” were to invade and dominate a digital newsroom today. Why? Because a digital newsroom is not a unilateral, linear, one way transmission of stories. In the nanosecond after you publish anything, readers and viewers pounce at it with their likes, hates, shares, comments, denials, corrections, updates, meme tweaks on WhatsApp, cartoon caricatures on Instagram, vociferous protests, loud applause etc etc etc … an intelligent or distasteful cacophony gets lit, and you have to respond to it, agree with it, deny it, debunk it, decorate it, ie do something, anything with it or to it, but you simply can’t ignore it. Because if you choose to be the unmoved, stoic, non-responsive “Godly” editor of the early 90s, you will be out of a job. Pronto.

    Let me illustrate with a simple choice that we had to make the other day. We were dealing with two big “demonetization stories” – one was a rather complex unraveling of the tax rules enshrined in the new Income Disclosure Scheme, wherein you would have to pay X% tax/penalty if illegal cash was deposited by Y date; and if you failed to do that, you would be liable for Z additional penalties. The other was a heart rending story of a 75-year old woman, the youngest sister of five brothers.

    For the last 50 years, she had kept 250 precious envelopes in her safe, containing cash given to her on bhai dooj. In her world view, that cash was a sacred gift from her brothers, not to be ever spent. Her heart was broken when her son forced her to open each envelope, take out nearly Rs 1.50 lac in notes of various denominations, and deposit them in banks. Her faith was rattled, shaken. What an astonishing human story, capturing the unusual pathos that demonetization has inflicted on ordinary people. In the unilateral, Godly days of yore, the tax rules would have played upfront, while the human interest story would be tucked towards the end, to be soon forgotten. But in today’s digital newsrooms, the story of this rudely disenfranchised 75-year-old woman would gain unrelenting velocity on social media, would whiz around cyber space, getting Facebooked, WhatsApped and Instagrammed, touching the hearts of a million people, instigating thousands of comments/shares/likes.

    No God could stem the viral force of this venerable lady’s touching story, which would simply obliterate the dry prose of tax rules, and reign supreme in the world of digital news.   

    public://unnamed_2.jpg The author is the co-founder and chairman of Quintillion Media, including BloombergQuint. He is the author of two books, viz ‘Superpower?: The Amazing Race Between China’s Hare and India’s Tortoise’, and ‘Super Economies: America, India, China & The Future Of The World’. The views expressed are personal and Indiantelevision.com need not necessarily subscribe to them