ITV

Tag: TV18

  • TV18 Q3-2015 consolidated operating results improve 40 per cent

    TV18 Q3-2015 consolidated operating results improve 40 per cent

    BENGALURU: TV18 Broadcast Limited’s (TV18) Board of Directors has approved the appointment of Rohit Bansal as an additional non-executive director on the board of the company. This was decided at the meeting held on 14 January 2015.

     

    Declaring the financial results, the company reported a 40 per cent improvement in operating profit (PBDIT – Profit before depreciation, interest and tax) in Q3-2015 at Rs 79.4 crore versus the Rs 56.7 crore in the immediate trailing quarter and 2.5 per cent more than the Rs 77.4 crore in the corresponding year ago quarter.

     

    The company reported a healthy 9.7 per cent and 15.6 percent growth in Income from Operations in Q3-2015 at Rs 607.2 crore as compared to the Rs 553.7 crore and the Rs 525.5 crore in Q2-2015 and Q3-2014 respectively.

     

    Year to date (9M-2015), the company’s Income from operations went up 20.2 per cent to Rs 1688.6 crore from Rs 1404.8 crore during 9M-2014. Operating PBDIT in 9M-2015 at Rs 183.8 crore was 30.8 per cent more than the Rs 140.6 crore in 9M-2014.

     

    Let us look at the other figures reported by TV18:

     

    Total Expense (TE) in Q3-2015 at Rs 542.3 crore was 6.8 per cent more than the Rs 508 crore in Q2-2015 and 17.9 per cent more than the Rs 460.1 crore in Q3-2014. TE in 9M-2015 at Rs 1559.8 crore was 20 per cent more than the Rs 1299.4 crore in 9M-2014.

     

    Programming cost was up 19.3 per cent in Q3-2015 at Rs 203.8 crore from Rs 170.9 crore in Q2-2015 and 42.9 per cent more than the Rs 142.6 crore in Q3-2014. Programming cost for 9M-2015 jumped 53 per cent to Rs 540.4 crore from Rs 353.3 crore in 9M-2014.

     

    TV18’s depreciation and amortisation (depreciation) at Rs 14.4 crore in Q3-2014 was 30.9 per cent more than the Rs 11.0 crore in Q2-2015 and was 19 per cent more than the Rs 12.1 crore in Q3-2014. The company’s depreciation expense in 9M-2015 at Rs 55 crore was 56.25 per cent more than the Rs 35.2 crore in 9M-2014.

     

    According to the company, CNBC-TV18 maintained its leadership as the No.1 channel in its genre with a market share of 55 per cent in Q3-2015. CNBC Awaaz also maintained its position as the No.1 channel in the Hindi business news genre with a market share of 61 per cent in the quarter and CNBC Bajar showed consistent and accelerated growth in viewership with a 182 percent increase in Q3-2015 over Q2-2015. CNN-IBN stood at No.2 position in the English General News category in Q3-2015 with a market share of 25 percent. Its Hindi GEC Colors was number two with a market share of 19 percent in this quarter. The company added that its regional news and entertainment group of channels under the ETV umbrella also performed well.
     

    Click here to read the review report

     

  • Few shareholders tender Network 18 and TV18 shares against Reliance open offer

    Few shareholders tender Network 18 and TV18 shares against Reliance open offer

    BENGALURU: A small fraction of the shareholders tendered their shares to the Reliance Industries led Independent Media Trust (IMT), in its bid to acquire over 90 per cent stake in the two companies – TV18 Broadcast and Network 18 Media & Investments.

    Only 54 lakh TV18 Broadcast shares representing 0.32 per cent were tendered against the 44.65 crore shares representing 26 per cent that Reliance proposed to buy , and a meager 2.6 lakh Network 18 shares representing just 0.2 per cent of the shareholding were tendered. IMT spent just Rs 16.43 crore for the TV 18 tendered shares and Rs 1.06 crore for the Network 18 shares. IMT’s offer was Rs 30.18 per TV18 Broadcast equity share and Rs 41.04 per Network 18 equity share.

    The new acquisitions brought IMT/Reliance group’s stake in TV18 Broadcast to 60.29 per cent and to 78.07 per cent in Network 18.

    Reliance may have to sell off some Network 18 shares to meet the minimum shareholding norms of 25 per cent. At present, the public shareholding in the company stands at 20.27 per cent.

     

  • Bollywood stars get together on CNN-IBN’s year ender chat show

    Bollywood stars get together on CNN-IBN’s year ender chat show

    MUMBAI: As we head towards the end of the year, it is time for India’s most awaited entertainment led chat series, Bollywood Roundtable – 2014 hosted by India’s biggest film critic Rajeev Masand. The 4 episode special series will showcase top Directors, Actors, Actresses and Producers for this year who have received both critical and box office appreciation.

    Watch actors like Shahid Kapoor, Varun Dhawan, Abhishek Bachchan, Nawazuddin Siddiqui and actresses including the Chopra Sister (Priyanka and Parineeti) Tabu and Alia Bhatt, as they talk about this year’s outstanding performances and what goes into delivering them. While producers such as Karan Johar, Ekta Kapoor, Sajid Nadiadwala and Siddharth Roy Kapur share their thoughts on the business of cinema; directors such as Rajkumar Hirani, Vishal Bhardwaj, Vikas Bahl, Rajat Kapur and Farah Khan, talk about the craft of filmmaking. Watch these stars get in a freewheeling discussion about their successes and failures – their roles, films and movie-making in the special series – The Bollywood Roundtable 2014.

    Each Roundtable will be an hour long episode and will see four popular faces from Bollywood discuss the nuts and bolts of filmmaking that results in the magic on-screen. The show kickstarts this weekend with the Producer’s roundtable where Rajeev Masand gets into a candid conversation with Bollywood’s leading producers – Karan Johar, Ekta Kapoor, Sajid Nadiadwala and Siddharth Roy Kapur.

    Don’t miss the exclusive telecast of this episode on 13 December, Saturday 12 PM & 10.30 PM.

     

  • Bhupendra Chaubey is now CNN-IBN consulting editor

    Bhupendra Chaubey is now CNN-IBN consulting editor

    MUMBAI: After being elevated to executive editor of CNN-IBN a few months ago, Bhupendra Chaubey has now shifted his role to consulting editor.

     

    He will now do only one show a week and appear on screen for big days such as elections but will not be looking at hourly/daily management of news. He will also be focusing a lot on the digital space.

     

    In a series of tweets, Chaubey said that ’24 hour management doesn’t leave you any space to unlearn and learn again.’ He also tweeted ‘Journalism without passion and processes of enquiry isn’t journalism. I believe new age media platforms do provide you with that space.’

     

    While several media reports suggested that Chaubey would be leaving the organisation, following the footsteps of Rajdeep Sardesai, Sagarika Ghose, Vinay Tewari etc, it seems like he is still committed to Network18.

     

    Chaubey has been in the field from the past 17 years, starting his career with NDTV post which he joined TV18 in 2005 as chief political correspondent. 

  • Rahul Mishra to join IndiaCast as associate director for marketing

    Rahul Mishra to join IndiaCast as associate director for marketing

    MUMBAI: IndiaCast that distributes TV18 and Viacom18’s channels in India and abroad has roped in Rahul Mishra as associate director for marketing.

     

    Confirming the news to indiantelevision.com, Mishra said that his role will encompass handling trade marketing for domestic channels and consumers as well as trade marketing for its international channels such as Colors, Rishtey and News18. He will join IndiaCast from November and is currently serving his notice period at BBC.

     

    Mishra joins IndiaCast from BBC World News where he had a successful stint of nearly eight years as Asia Pacific marketing manager. Prior to that, he was with WorldSpace India as manager for north and has worked for the sales and marketing teams of Hyatt and Le Meridien Hotels and Resorts.

  • CNN-IBN elevates Radhakrishnan Nair to managing editor

    CNN-IBN elevates Radhakrishnan Nair to managing editor

    MUMBAI: Radhakrishnan Nair has been elevated as the managing editor of CNN-IBN. He will fill in the post left vacant by Vinay Tewari a few days ago.

     

    Nair has a career spanning 25 years in the field. He started off with UNI in Kerala. His television stint began in 1995 with TV18, then moved to CNBC-TV18 and has been with CNN-IBN since 2005.

     

    Until now, he was news director for the English news channel. Nair is a chemistry graduate and a gold medalist in Journalism from the Indian Institute of Journalism in Trivandrum and has done Masters in Communication and Journalism from Kerala University.

     

    Nair has spent 12 years with TV18 producing various business shows and leading the input-output desk at CNBC. He has also produced programmes for DD, BBC and Sony as well as Asia’s first business channel ABNI.

  • IndiaCast issues disconnection notice to IMCL

    IndiaCast issues disconnection notice to IMCL

    MUMBAI: Three weeks from now, viewers with cable connection of IndusInd Media and Communications (IMCL) might not be able to view a number of channels.

     

    IndiaCast has issued a public notice against the MSO regarding various channels of TV18, Eenadu Television and UTV Entertainment Television, for whom it acts as an agent. The notice reads that consumers in DAS notified areas of Delhi, Mumbai, Thane, Navi Mumbai, Ahmedabad, Baroda, Surat, Rajkot, Nasik, Nagpur, Pune, Bengaluru, Mysore, Hyderabad, Faridabad, Ghaziabad, Pimpri Chinchwad and Agra that all or some of the channels from the Indiacast group are likely to be disconnected. The notice was published in leading dailies across cities on 19 August.

     

    The reasons for the disconnection are that the MSO has failed to execute the reference interconnection offer, not paid dues to the broadcaster, demanding illegal and high carriage fees and have failed to furnish subscriber reports.

     

    According to a source, the agreement between IMCL and IndiaCast had expired on 31 March, post which the MSO did not execute a fresh agreement. It also stopped giving subscription revenues and subscriber report from April onwards.

     

    IMCL currently enjoys about 2 million digital subscribers in DAS I and DAS II areas. However, the source adds that the subscriber base is not in its best operational health and is yet demanding excessive carriage fees. While the earlier deal between the two had been on carriage fees, the source adds that it is revisiting its proposition now.

     

    The channels that will be disconnected include all of Network 18’s channels such as Colors, CNBC-TV18, CNBC Awaaz, CNN-IBN, IBN7, CNBC Bajaar, CNBC TV18 Prime HD, History TV19, History TV 18 HD, IBN Lokmat, MTV, MTV Indies, Rishtey, Nick, Vh1, Sonic, Comedy Central, Nick Junior, Colors HD, ETV Gujarati, ETV Marathi, ETV Bangla, ETV Kannada, ETV Oriya, ETV Uttar Pradesh Uttarakhand, ETV MP Chattishgarh, ETV Rajasthan, ETV Urdu, ETV News Kannada, ETV Bihar Jharkhand, ETV, ETV Andhra Pradesh, UTV Movies, UTV Stars, UTV World Movies, Disney Channel and Disney XD.

     

    Earlier this month, the MSO had put a scroll on its home page regarding disconnection of NDTV channels. Even then, a senior NDTV official had said that the MSO was demanding high carriage fees for a small subscriber base.

  • History TV18 bags seven awards at the 5th CMO Asia Awards

    History TV18 bags seven awards at the 5th CMO Asia Awards

    MUMBAI: HISTORY TV18, the leading Factual entertainment channel,bagged multiple awards at the 5th CMO Asia Awards in Singapore.  The channel was honored with awards across categories for their outstanding work in promoting key properties on the channel.

    The channel won various digital and social media awards for promotion of their shows in the country. ‘Pawn Stars (India Tour)’won two awards viz Best Use of Social Networks and Best Integrated campaign. ‘Tamas’, a popular TV series around the migration of Sikh and Hindu families to India during partition won the award for the Best Marketing Campaign of the year.The channel won an award in the Best Use of Social Media in marketing category for their popular series, ‘Dynamo’. Alongwith this, the network initiative on ‘Bat of Honor’was also recognized for the Best Use of Twitter.

    Sangeetha Aiyer, Vice President and Head Marketing at A+E Network | TV18 was also felicitated as the Marketing Professional of the year and Woman Super Achiever for Brand Marketing and Management.

     

    On this momentous occasion, Ms. Sangeetha Aiyer, Vice President and Head Marketing, A+E Networks|TV18 said, “We are extremely pleased to have received these recognitions, which are testament to our brand excellence. HISTORY TV18 has redefined the Factual Entertainment genre through its revolutionary content showcasing a heady mix of nail biting drama, panoramic visuals, epic journeys and captivating stories, all captured in High Definition.”

    The CMO Asia Awards were judged by an independent jury comprising senior and accomplished professionals from Marketing, Branding, Advertising, Public Relations, Brand Strategy, and Corporate Communications.

  • News18 India launches in the US

    News18 India launches in the US

    MUMBAI: Three months after the distribution JV between TV18 and Viacom18 called IndiaCast announced that its news brand called News 18 is going to be distributed internationally very soon, TV18 has now entered the US market with the launch of News18 India. The 24 hours television news channel is designed to give global audiences a window into India. The channel went live on 30 July on Dishworld and Dish Network Channel 711. 

     

    It can be noted that News18 India is already present in key south Asian diaspora markets that include the UK, Singapore and the Middle East (the latter two were added only recently).

     

    News18 India will be available to all viewers on the international base pack, English News pack and Hindi Mega pack, making this one of the most widely distributed Indian News channels in the US.

     

    News 18 provides all types of news from India including political and business as well as weather reports. The same team that produces news for the existing news channels in the IndiaCast portfolio such as CNN-IBN, CNBC TV-18, IBN7 produce news for News 18.

     

    News18 India is a unique news channel offering a dynamic and customised blend of business and general news programming at times that suit the US audience ensuring greater relevance for the viewers in the region.

     

    In addition to News18 India, IndiaCast distributes the flagship general entertainment channel Colors, other channels such as Rishtey, MTV India International and 6 ETV branded services in overseas markets.

     

    IBN News Networks CEO Avinash Kaul said, “It gives me immense pleasure to expand our global footprint and to take the best of Indian News to every household outside of India. News18 India is a destination for definitive news for the Indian diaspora, a community of high achievers seeking Indian news and for ethnic conglomerates with business interests in India. At a time when the world is watching India, News18 India will serve as the world’s window into India.”

    “After UK, Singapore and the Middle East, News18 India now launches in the US. We are confident that News18 India, with a customised offering for the US market, will fill the void of a comprehensive business and general news service from India. This would be our seventh channel on the Dish network and with them we found a perfect partner to bring this channel to all viewers who want a window into India,” added India Cast group COO Gaurav Gandhi.

  • Network18 gets independent directors’ approval for open offer

    Network18 gets independent directors’ approval for open offer

    MUMBAI: A day after TV18 got the nod by the Committee of Independent Directors (IDC) for the open price offer, now even Network18 Media and Investments has got the approval from the IDC for the open price offer made by the Independent Media Trust (IMT).

     

    The green signal for the open price offer was given by IDC chairman Manoj Mohanka and its member Hari S Bhartia.

     

    The offer was made by IMT along with Reliance Industries (PAC1) and Reliance Industrial Investments and Holdings (PAC2) to the public shareholders of Network18 to acquire up to 22,99,46,996 equity shares at a price of Rs 41.04 per share. The manager to the offer is JM Financial Institutional Securities. 

     

    The announcement was made through a statement on BSE. “IDC believes that the open offer is fair and reasonable and in line with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011,” says the statement submitted to the BSE.

     

    The approval for the open offer was made after the IDC reviewed (a) the public announcement in connection with the offer dated 29 May 2014 issued on behalf of IMT and the PAC’s public announcement; (b) the detailed public statement in connection with the offer published on behalf of IMT and PAC’s on 5 June 2014 and (c) the draft letter of offer (DLOF) dated 11 June 2014.

     

    The offer price, according to the IDC, is higher than the volume weighted average price of the equity shares for a period of 60 trading days immediately preceding the date of public announcement. The IDC also sought external financial advice from Price Waterhouse & Co which advised that as of 29 May 2014, the offer price pursuant to the offer is fair and reasonable from the financial point of view.