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Making HISTORY from the launch week
Mumbai | October 20, 2011
 
 
 
 
 
 
 
 
NETWORK18 & LINKEDIN ANNOUNCE MARKETING ALLIANCE
To be led by CNBC-TV18 & MONEYCONTROL, joint poll property launched
Mumbai, Dec 17, 2009
 
 
 
 
 
 
 
 
 
 
 
TV18 announced that IndiaCast – the multi-platform, global distribution company of TV18 and Viacom18, has formed a strategic joint venture with UGBL - a DisneyUTV group company for the aggregation and wholesale distribution business of TV channels in India.
 
 
Network18 announced that it has entered into a definitive agreement with Samara Capital to divest its entire stake in India’s premier financial data and news terminal business - NewsWire18.
 
 
The Network18 Group announced that it has entered into an agreement to dilute its majority stake in India’s premier entertainment ticketing website - Bookmyshow.com.
 
Salman Khan unveils HISTORY TV18’s 3 Big Initiatives
Mumbai | February 24, 2012
 
  • ‘HISTORY Har Din’ – a first-of-its kind User Generated Content Initiative for Online, Social Media & Other Platforms
  • ‘The Greatest Indian’ – the channel’s first big ticket local production
  • Launches Urdu as its 8th language feed

Mumbai, 24th February 2012: Bollywood icon Salman Khan is back in action and is doing what he does best - making History. After the hugely successful launch of HISTORY TV18, the superstar & face of the channel was back to announce its forthcoming initiatives in a press conference today.

‘HISTORY HAR DIN’, the first initiative being announced, is an innovative UGC (user generated content) concept where viewers are invited to share instances from their life when they too have made history. The pioneering format is a first by any factual entertainment channel in the country  and is based on the channel’s brand position of  ‘History Made Everyday’. That History is more about achievement and is made everyday by ordinary people doing extraordinary things. Through this initiative, viewers are invited to share images or videos that capture their life’s biggest successes, turning points, most inspiring & endearing moments or just plain fun experiences - anything which they believe were points in time when they truly created History.  Entries can be submitted through a simple process by visiting HistoryHarDin.in.com. The best of the ‘history making’ stories will be telecast on HISTORY TV18 in the coming months. The press conference also saw Salman Khan sharing an image from his personal collection.

While HISTORY HAR DIN is about regular everyday people, HISTORY TV18’s first joint production with CNN IBN ‘The Greatest Indian’ features India’s best known faces. The initiative is set to trigger a national debate on the one question: Who is the greatest Indian after Independence? The show format is based on a path-breaking series featured on BBC called ‘The Greatest Briton’. Launched in 2002 in the UK, the initiative reached out to millions of viewers and broke significant viewership records there. An astounding 21 countries have successfully adopted this format since then, and it now promises to create History here in India too!

Having been available in 6 languages, besides English, HISTORY TV18 will now be available in Urdu as well, thereby making the channel’s content available in 8 languages (English, Hindi, Tamil, Telugu, Bangali, Gujarati, Marathi & Urdu) , a first for any international channel  in the country.

Speaking on the occasion, Ajay Chacko, President, A+E Networks | TV18, says, “ The initiatives truly exemplify what HISTORY TV18 stands for - the celebration of human spirit to succeed & achieve against odds - to make History. While HISTORY HAR DIN celebrates the human spirit through achievements of regular people, ‘The Greatest Indian’ commemorates those who have made invaluable contribution to the nation, through popular vote. Through these initiatives, we believe we will make significant inroads towards our objective of broad basing the genre.”

Commenting on CNN IBN’s partnership with HISTORY TV18, Rajdeep Sardesai, Editor-in-Chief IBN18 Network said “At CNN IBN, we have always believed in celebrating the idea of India with all its unmatched diversity. What better way then to partner HISTORY TV18 in this path-breaking programme to find out who is the greatest Indian after Gandhi. In today’s world of social media, every Indian has a chance to be part of this inclusive debate and we hope that millions will join us in this exciting adventure.”

Says Salman Khan, “HISTORY TV18 successfully created a special place for itself in the minds of the Indian audience with its edgy, lively, fast-paced and differentiated mix of programming content.  The channel has already begun to whet the audience’s appetite for more of its kind. With the launch of these two initiatives, HISTORY TV18 is all set to engage with viewers in more ways than one.”

 
Making HISTORY from the launch week
Mumbai | October 20, 2011
 

HISTORY™, the world’s leading factual entertainment channel, which debuted its India edition on October 9th

Mumbai, 20th October 2011: HISTORY™, the world’s leading factual entertainment channel, which debuted its India edition on October 9th, 2011, has opened the launch week of ratings with aplomb. With a connectivity of 50 million households across on leading cable TV platforms such as HATHWAY CABLE, IN CABLE, DEN Networks and leading DTH platforms such as TATA Sky and DISH TV, 19.8 million viewers across India tuned in to HISTORY during the first week of launch.

Cutting across segments & demographics, HISTORY had helped grow the Factual Entertainment Genre by 24% in just the first week. HISTORY also garnered significant market share in the launch week across market clusters. In All India 1mn+ (including Metros), HISTORY ranks as a strong No.2 with 24% market share vis-à-vis Discovery (32%) and Nat Geo (18%) and ahead of the other factual entertainment channels. In 6 metros, HISTORY with 29% market share vis-à-vis Discovery (32%) and Nat Geo (14%) further reduces the gap between existing players and fortifies its entry into the genre.

HISTORY also leads the factual entertainment pack in time spent per viewer with 32 mins vis-à-vis Discovery (20 mins) and Nat Geo (16 mins) which is an indication of differentiated programming and the stickiness quotient of HISTORY’s content.

Overall, in the factual entertainment genre, HISTORY ranks as a clear No. 2 across market clusters and audience groups, now in the reckoning for a leadership position in the genre.

The channel is truly living up to its promise of Making HISTORY Everyday!

 
HISTORY™ Launches in India Leading worldwide factual entertainment channel from the U.S. enters the Indian market in partnership with TV18.
Mumbai | October 10, 2011
 

Salman Khan to be the face of the channel. Heralds a new age of growth in the Factual Entertainment genre

Mumbai, October 10, 2011 HISTORY™, the world’s leading factual entertainment channel, launched its India edition as part of a joint venture between TV18 and A+E Networks. The launch is a significant milestone in the Indian media space as it marks an alliance between TV18, India’s most dynamic television media conglomerate and A&E Networks, pioneers and world leaders in factual entertainment.

HISTORY is the first in a bouquet of factual entertainment channels to be launched by the joint venture. The channel is now available in 6 languages (English, Hindi, Tamil, Telugu, Bengali & Marathi) in full HD across all major markets in India and will reach out to more than 50 million households in the launch phase itself. It will be available across leading cable TV platforms such as HATHWAY CABLE, IN CABLE, DEN Networks and leading DTH platforms such as TATA Sky and DISH TV as well as other leading independent analogue and digital platforms in the country.

HISTORY has also signed on Salman Khan, Bollywood and India’s most popular movie star to be the face of the channel in a first-of-its-kind attempt to broad base the appeal of HISTORY and the factual entertainment genre.

Worldwide, the factual entertainment genre has undergone a transformation with greater emphasis on creating fact-based entertainment, thrill and action formats that appeal to a much wider audience. HISTORY has led this transformation in formats and content world-wide and the channel has reaped rich rewards by moving to the pole position in ratings and popularity, ahead of channels like Discovery, Nat Geo etc in the US and some other markets across the globe. HISTORY in India will aim to emulate this performance and appeal to mass audiences across multiple regions and languages. The channel’s promise – ‘HISTORY Made Every Day’ captures the spirit of a new programming paradigm to be introduced for the first time in India.

Speaking on the launch Abbe Raven, President & CEO, A+E Networks stated, “We have eagerly anticipated the launch of HISTORY in India, a market that represents important growth opportunities for A+E Networks’ global strategy. Since 1995, HISTORY has been entertaining viewers around the world with our innovative, original programming, becoming the leading destination for factual entertainment. We are excited to partner with TV18 to bring HISTORY to audiences in India, and believe the channel will be as successful there as it is in the US and other

Sean Cohan, VP International, A+E Networks said, “India is a critically important market to us, and we are thrilled to be launching HISTORY there in partnership with TV18. Under Ajay Chacko’s leadership, we have built a strong, talented team at A+E Networks l TV18 across programming, marketing, digital and operations. With their combined expertise I have no doubt HISTORY will be an impact player from launch.”

Raghav Bahl, Founder and Editor, TV18 added, “With an enviable record of having established leadership positions across television genres, it is time for TV18 to enter the factual entertainment space. We have always believed in making a difference in the domain that we work in and, we’re delighted to partner with A+E Networks, a global pioneer in factual entertainment channels. This venture marks an important milestone in our journey to becoming a truly integrated media and entertainment company. We believe that factual entertainment will emerge as one of the mainstays of the Indian television space”.

Haresh Chawla, Group CEO, Network18 says, “We believe that the Indian market is ripe for alternative formats and that is one of the reasons for us to bring in channels like HISTORY into this market. Factual entertainment is emerging as the new preferred choice across the world and the genre has the potential to become mainstream in India as well. We are confident that HISTORY, the first product from our partnership with A+E Networks will widen the appeal of the genre and pave the way for many more initiatives in this space.”

Ajay Chacko, President, A+E Networks I TV18 says, “HISTORY’s show selection and content mix are based on exhaustive studies, content testing and feedback with a variety of audiences. HISTORY, Made Every Day, the channels position encompasses the breadth of content and themes that HISTORY brings to Indian audiences – History here is not just about the past, it’s as much about people making history today. We also hope to be able to play a pivotal role in the growth of this genre in India.”

ABOUT THE HISTORY CHANNEL IN INDIA: -
All of HISTORY’s initiatives, starting with the association with Salman Khan as the face of the channel to the number of languages and the distribution footprint are with the intention of making HISTORY a relatively mainstream entertainment alternative for Indian viewers, as it is the world over.
Through months of extensive research & testing of content, the channel has found that Indian viewers across demographics are interested in experimenting with alternative forms of content, as far as the entertainment quotient is not compromised upon. The channel is being launched with universal themes that use the premise of history but are entertaining, engaging and thrilling and would appeal to a very wide audience, including younger demographics and also discerning audiences. It will also, very shortly, announce a few big-ticket local productions that match international scale.
HISTORY is available on subscription across various platforms of mobiles, dongles and broadband in live streaming and video-on-demand formats.
The world leader in factual entertainment seems well set for a historic innings in India.

 
CNBC-TV18 launches 'CNBC-TV18 PRIME HD', First HD Business News Channel in India
Mumbai | October 24, 2011
 

Premium ‘Investor’ focused service on DTH, Live global coverage & 24/7in-depth markets data

In a pioneering move, CNBC-TV18, India’s No. 1 business news channel, will be launching a new premium business news service, ‘CNBC-TV18 Prime HD’, focused on the needs of India’s rapidly expanding investor and financial services community. To be available in addition to the existing CNBC-TV18 channel, ‘CNBC-TV18 PRIME HD’ will be broadcast on India’s leading DTH platforms in HD quality, in effect making CNBC-TV18 the first business news channel to foray into the HD space.

The ‘CNBC-TV18 Prime HD’ service has been designed specifically to target the highly involved business news viewers and investors in the country especially CEO’s, analysts, brokers, investment professionals, fund managers and active retail participants. Fusing the power of broadcast news with the essence of the financial data terminal, CNBC-TV18 Prime HD will operate on a seamless and unique ‘2 window’ screen architecture, that will offer rich and in-depth live VIDEO and DATA content to viewers simultaneously.

The premium VIDEO content will have an expanded focus on global markets, where Indian investors will get LIVE access, starting with the Asian markets in the mornings followed by Europe in the afternoon and the US in the evening. In a rich graphics format, the DATA window will deliver a far deeper and wider gamut of financial data and news alerts to viewers across asset classes including equities, futures, commodities, currencies, bonds etc. This service will have real time capability to dynamically adjust information in the ‘Data’ window, basis the news flows of the day. Programmed live from the CNBC-TV18 national headquarters in Mumbai, the Prime HD service will harness the state of the art broadcast infrastructure of CNBC-TV18 and will be led by a dedicated team of editors and production personnel.

Commenting on this service, Anil Uniyal, CEO – CNBC-TV18 & CNBC Awaaz said "CNBC-TV18 Prime HD is a product of key fundamental trends already evident in India. A rapid evolution of financial services, a rise in globalised mindsets and a growing investing culture coupled with the imminent growth in broadcast digitization and demand for premium content. This has allowed us to deliver a targeted service for the discerning business viewers, giving them the best in the markets with state of the art production values. With this new service in our portfolio, we hope to offer viewers almost a financial terminal like access on TV and a much wider bouquet of global programming, never accessed by Indian investors before".

‘CNBC-TV18 Prime HD’, will launch into service for Indian Investors during ‘Mahurat trading’ on Diwali day, October 26th. At launch, the channel is available on DISH TV (Channel Number 76) and AIRTEL DTH (Channel Number 320) and will be ‘Commercial free’ initially. In the coming weeks, ‘CNBC-TV18 Prime HD’ is expected to be available on other DTH platforms as well.

 
To be available on Dish TV on Channel no. 76
To be available on Airtel DTH on Channel no. 320
Network18 Channels Awards
 

Network18 channels, including CNN-IBN and IBN Lokmat,

Network18 channels, including CNN-IBN and IBN Lokmat, swept the News Television awards on Thursday in New Delhi. IBN18 Editor-in-Chief Rajdeep Sardesai bagged the Best TV News Presenter Award once again. While CNN-IBN received 18 awards, 12 awards in Marathi went to IBN Lokmat, followed by three for CNBC-TV 18 and two for IBN7.

The winners are:

  • CNN-IBN's Rajdeep Sardesai for India @ 9 : Best TV news presenter of the year After winning the award, Rajdeep Sardesai said, "It's a very challenging job. Every day is a new challenge".
  • CNN-IBN's Karan Thapar for Devil's Advocate and The Last Word : Best TV News Anchor (English)
  • CNN-IBN's Devil's Advocate : Best Current Affairs Programme (Home and International)
  • CNN-IBN¹s Face the Nation hosted by Sagarika Ghose : Best popular News Show After winning the award, Sagarika Ghosh said, "I am delighted to get the award its a provocative show and an angry show we are trying to make it enjoyable".
  • CNN-IBN's 30 Minutes - The Ghost of Ayodhya : Best Current Affairs Feature
  • Best TV News Reporter (English) - Bhupendra Chaubey (for Ayodhya coverage and CWG coverage)
  • CNN-IBN's Rajiv Masand : Best entertainment critic award
  • CNN-IBN's Priyali Sur : Best Young TV Journalist English
  • CNN-IBN's Indian Sports Legends Awards : Best Sports Feature English
  • CNN-IBN's The Big Cricket Debate : Best Sports News Show
  • CNN-IBN's Medical Council of India Scam : Best Investigative News Report
  • CNN-IBN's India 360 - Big Bang 2 : Best Technology Based Show
  • CNN-IBN's Real Heroes : Best Social Development Campaign
  • CNN-IBN's Rate The Budget : Best Business Talk Show
  • CNN-IBN's Axe The Tax : Best Business News Feature
  • CNN-IBN's Now Showing : Best Entertainment News Show
  • CNN-IBN's 30 Minutes - On Death Row : Best Crime Show
  • CNN-IBN's Living it Up : Best Lifestyle and Fashion Show
  • IBN7's Zindagi Live on child sex abuse : Best News Talk Show
  • IBN7's Budget 2010 : Promo Campaign of the Year
  • CNBC Awaaz's Tech Guru : Best Technology Based Show
  • CNBC Awaaz's Pehla sauda : Best live show in Hindi
  • CNBC Awaaz's Awaaz Entrepreneur : Best Feature in Hindi
  • CNBC TV18's Overdrive : Autoshow
  • CNBC TV18's Udayan Mukherjee : Best Business Anchor
  • CNBC TV18's Story Board (Piyush Pandey episode) : Promo Campaign
  • IBN Lokmat's 'Chupher Bhrart' show : Best Entertainment features
  • IBN Lokmat's Reportage : 'Aabhaal Peltana' : Best Documentory
  • IBN Lokmat - Best Social Contribution - Garja Maharashtra : 'Bhatke vimukta'
  • IBN Lokmat's Vinay Mhatre for his report named as Toldhaad : Best Investigative News Report
  • IBN Lokmat's ' Kalima Manuskila' : Best Investigative Features
  • IBN Lokmat's ' Khelasathi Sara Kahi' : Best Sports Features
  • IBN Lokmat - Best Prime time News Show award
  • IBN Lokmat's Prime Time bulitin award : Best promo award
  • IBN Lokmat news channel : Best Promo campaign award
  • IBN Lokmat - 'Ganesh festival Campaign promo ' award
  • CNBC Awaaz’s Tech Guru : Best Technology Based Show
  • Vinod Dua (NDTV India) : Best prime-time news cast
  • Parimal Kumar (NDTV India) : TV news reporter award
  • Deepak Chaurasia (Star News) : Best TV news presenter of the year
Prime Minister Dr Manmohan Singh receives a copy of Raghav Bahl’s debut book, “Superpower?”
 
Forbes India completes 1 year as India’s Most Influential Business Magazine
Mumbai | May 21, 2010
 

Unveils Special Anniversary Collectors issue on "One Idea that can change the World"

Exclusive Contributions from stellar panel of global thought leaders & finest business minds

Forbes India, India’s most influential business magazine, celebrates its first anniversary today. To commemorate the occasion, it has unveiled a SPECIAL 1st ANNIVERSARY COLLECTOR’S ISSUE, consisting of an unprecedented feature where 25 of the world’s finest minds have exclusively written on the theme of the issue – “What is the one idea that could change the world?”

This stellar constellation of global thought leaders and pioneers has been drawn from a variety of disciplines including business pioneers such as Anand Mahindra( Vice Chairman & MD,Mahindra Group),Tarun Khanna(Professor of Strategy, Harvard Business School), Tony Fernandes (Group CEO,Air Asia) and noted thought leaders, humanitarians and authors such as Mohammad Yunus( Nobel laureate & Founder,Grameen Bank), Bianca Jagger(Human Rights Activist), Thomas Davenport (Management thinker and consultant), Dan Ariely(Noted behavioral economist & author) and more.

The Forbes India 1st Anniversary Special Issue was presented at an event in Landmark at Lower Parel, Mumbai amongst a power packed audience of corporate honchos, thought leaders and those who have contributed to the anniversary issue and featured within the magazine. The magazine was unveiled by actor Mr. Aamir Khan along with Mr. Arun Maira (Member, Planning Commission & Ex-Head, Boston Consulting Group India) and Mr. Raghav Bahl (Founder & Editor, Network18) and this was followed by a special discussion on the theme of “Ideas that could change the world”, moderated by Mr.Senthil Chengalvarayan (President & Editorial Director,TV18 Business Media). This discussion will be broadcast on the “Forbes India Show” on CNBC-TV18 on May 29th at Saturday at 12:30 pm and Sunday 10 pm

Speaking on the occasion Mr.Ajay Chacko, CEO, Forbes India said “It has been a momentous year for Forbes India. As India’s first ever local edition of a foreign news magazine, the expectations from Forbes India were immense and we’re glad that the team has delivered on them. Despite launching amidst an economic slowdown, Forbes India is today India’s most influential business chronicler and a sharp editorial product that combines the global prowess and legacy of brand Forbes with a unique local Indian sensitivity. Forbes India’s rise is a testimony to the growing demand for a truly glocal product that appeals to the large swathe of discerning and aware Indian readers”

Mr. Indrajit Gupta, Editor, Forbes India added “We believe that the First anniversary special issue epitomizes what Forbes India has stood for in the last year: thought leadership and influence.  The 25 top thinkers around the world have contributed an essay on one Big Idea to Change the World. Never before has such a galaxy of fine minds graced the pages of an Indian magazine. We will continue to adopt the intellectual high ground with meaningful, impactful content that reinforce our position as a drama critic of Indian business."

Since its launch, Forbes India has rapidly emerged as one of the most influential publications in the country through path breaking editorial pieces that have impacted policy and business circles. From its focus on India’s biggest corporate captains to its special investigative piece on the Osian Art Fund, from the succession plans at Infosys to its well acclaimed piece on foreign universities setting up Indian operations, Forbes India has traversed a variety of themes and issues which have been widely welcomed by its readers.

When launched, Forbes India was the most successful magazine launch ever at leading retail chains like Landmark and Crossword. Since then, it has consistently been amongst the top 3 bestsellers in its genre at these leading outlets. 

Further, to commemorate the anniversary, Forbes India also announced a special “Anniversary Subscription Offer” where a fortunate subscriber could win a Mercedes-Benz and all subscribers get assured premium gifts including an exclusive golf putter set & a limited edition wine & cheese set.

About Forbes India:
Forbes India, a Network18 venture in partnership with Forbes Media LLC, is India’s leading business magazine that helps readers understand the phenomenon behind news, connect the dots and get cutting-edge perspectives. Its senior editorial team has more than 200 person-years of experience and produces a compelling package of short newsy features, in-depth articles and lifestyle stories every two weeks. Headed by Editor Indrajit Gupta, the team has made Forbes India the most sought-after and credible business magazine since its launch on May 21, 2009.

About Landmark:
Landmark, India’s largest book and music retailer launched its National Flagship store in Mumbai on 4th May 2010 at Palladium in High Street Phoenix Mills. Landmark marked its presence in Mumbai with its first store at Infiniti Mall in April, 2006 and has grown considerably over the years. Today, the new Landmark store at High Street Phoenix boasts the largest floor space of 42,000 sq. ft on a single floor and houses the largest collection of books, music, movies and much more ever to be assembled under one roof, with a well equipped gaming zone and an exclusive playing area for kids. This store presents the best of books, music and childrens’ events to its customers. Landmark has already set he ball rolling by creating history in hosting the worldwide launch of Jeffrey Archer’s latest piece of work “And Thereby Hangs a Tale” With such interesting events, Landmark is not just about a store selling books, rather it is   truly about building a generation of well-informed people.

For further details please contact:
Percept Profile, Mumbai
Vivek Kotian
+91 9820310487
Percept Profile

Durgesh Goswami
+91 9820284823
Percept Profile

Infomedia18 divests Glyph International
Mumbai | May 5, 2010
 
Infomedia18 Limited (Infomedia), a controlled subsidiary of Television Eighteen India Limited (a Network18 group company) and India’s premier directories, search, special interest publishing and printing company and Cenveo Inc, one of the world’s leading providers of content management and print production services, today announced signing of a definitive agreement, whereby Infomedia has divested 100% stake in Glyph International, its publishing content services business to Cenveo Inc’s subsidiaries.

As part of the agreement, Infomedia will transfer all its holdings in the Glyph subsidiaries, namely Glyph International Limited, Glyph International US LLC, Glyph International UK Limited and CEPHA Imaging Private Limited to Cenveo’s subsidiaries in India and US. Necessary approvals for the transaction will be sought. This divestment is part of Infomedia’s strategy to exit non core businesses and deploy resources to focus on core media segments, search, internet and directories services.

BMR Advisors acted as the sole financial advisors on this deal.

Haresh Chawla, Group CEO – Network18 and Managing Director of Infomedia, stated:

“We are delighted to have found a good home for the team at Glyph and our customers. Cenveo has a strong presence in publishing services and will offer significant growth opportunities for our employees and continued superior services to Glyph International’s clients. Glyph International will augment Cenveo’s offshore delivery capabilities by adding scale and complementary services. Infomedia 18 is committed to working closely with Cenveo group to ensure smooth integration of the business. The transaction will be value accretive to Infomedia18 and will allow resources to move into core media businesses.”

Robert G. Burton, Sr., Chairman and Chief Executive Officer of Cenveo, stated:

“The acquisition of Glyph International significantly strengthens our market presence and end-to-end service capability in the journal and book publishing markets. Glyph International is a perfect complement to our platform and allows us to strengthen and expand the services and products we offer the customers of both businesses. We are very excited about the prospect of teaming these two companies up and we welcome the Glyph employees to the Cenveo family.”

About Glyph International
Glyph International is one of the leading providers of publishing services in the world with offices in Bangalore, New Delhi, London, and Fort Lauderdale, Florida. Glyph International is a pioneer in the development of innovative solutions for publishers, university presses, government agencies, financial and legal firms, as well as directory publishers. Its expertise in publishing services is delivered by over 550 employees and a global service and support network that spans the world.

About Infomedia18 Limited
Infomedia18 Limited (INFOMEDIA/ 509069) is India's leading media company with strong market presence in diverse business areas spanning business directories, magazine publishing, printing, and publishing services. A pan-India network covering 25 cities and about 1,300 employees gives Infomedia18 a national footprint. The company is the undisputed market leader in directories and special interest publishing, and one of the most respected contract printers in India.

Infomedia18's leading brands include India's No. 1 directory titled “Infomedia Yellow Pages”, the leading product finder Search, and consumer magazines Overdrive, Chip, etc.

Infomedia18 is a publicly listed company. The controlling stake in the company is held by Television Eighteen India Limited, a Network 18 Group company.
Super Book on Superpowers by Raghav Bahl…
Delhi | April 29, 2010
 
Is India ready for superpower status? Or are we irretrievably behind in the game of catch-up with China? What are our key strengths and weaknesses, and what unique things do we have to contribute to the global community in the 21st century?

Network18 Managing Editor Raghav Bahl answers these questions in his book Superpower? The Amazing Race Between China’s Hare and India’s Tortoise.

Superpower?, which will be published by Penguin Books India, is already being called as one the most definitive books on the subject.

“A unique and gripping account of the evolving geo-politics and the role of India and China in a transformational shift, this book will be of much interest to policymakers and investors alike,” says Commerce and Industry Minister Anand Sharma.

Sunil Bharti Mittal, Chairman and Managing Director of Bharti Enterprises, says the book is “insightful”

“An insightful narration on the two most talked about nations in the world today, India and China. Raghav has delved into events, both current and historical, to compare and contrast the economic environment, polity and society,” says Mittal.

K V Kamath, Chairman of ICICI Bank Ltd, praises the book as “lucid, entertaining, articulate and readable”. ‘Raghav brings to bear his unique perspective as a journalist and entrepreneur to a discussion of history, economics and politics, presenting a broad sweep of information and ideas in an immensely lucid, entertaining, articulate and readable way. Un-put-down-able!’ says Kamath.

In the race to superpower status, who is likely to breast the tap-- China’s hare or India’s tortoise? China’s spectacular sweep, compared to India’s relatively mild rise, could tempt an easy answer. But history unfolds over time, and Bahl argues that the winner of the race with the biggest stakes ever might not be determined by who is investing more and growing faster today, but by something slightly more intangible: who has superior innovation and more entrepreneurial savvy and is grappling with and expanding in the most intensely competitive conditions. And, at the end, it might come down to just one deciding factor: can India fix its governance before China repairs its politics?

With telling insights into the two Asian powers’ history, politics, economy and culture; Superpower? The Amazing Race Between China’s Hare and India’s Tortoise is a brilliantly written, superbly documented, rich and comprehensive account of the race to dominance between the two neighbours. For anyone looking to understand China and India and the ways in which these two nations are about to change the history of the world, this is the book to read.
CNBC-TV18 VOTED INDIA'S NO.1 TV BRAND
Mumbai, Dec 17, 2009
 
India's No.1 business medium, CNBC-TV18 adds another feather to its cap, by being VOTED INDIA'S NO.1 TV BRAND by the nation's media & marketing decision makers in a survey conducted by Pitch magazine from the exchange4media group. Ahead of all channels, across genres and competition,CNBC-TV18 achieves this accolade on account of its exemplary performance across key decision making criterion including media delivery, innovation, professionalism, servicing ability etc. This is a significant affirmation of the trust & faith that our key advertising partners have reposed in us over the years. It's a huge encouragement to our continued effort of setting new benchmarks in business news and indeed, in Indian television!

About CNBC-TV18:
CNBC-TVI8 is India's No.1 business medium. CNBC-TV18 is the undisputed leader in the business. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. CNBC-TV18 reaches over 10 million Indians every week (Source: TAM).

About Pitch Brandometer:
Pitch Brandometer is a study conducted by exchange4media group and Pitch magazine to evaluate media planners/buyers’ perception of the media brands that they have ever worked with in the last two years and to understand the importance of various parameters considered to select any media brand by the media planners/buyers. The study was conducted in two stages: Qualitative & Quantitative & was carried out with 135 media decision makers in Delhi and Mumbai.
NETWORK18 & LINKEDIN ANNOUNCE MARKETING ALLIANCE
To be led by CNBC-TV18 & MONEYCONTROL, joint poll property launched
Mumbai, Dec 17, 2009
 
Network18, India's leading full play media conglomerate and LinkedIn, the global leader in professional networking have announced a co-marketing agreement for the Indian market. The alliance is aimed at exploiting content integration & brand building opportunities between LinkedIn and synergistic brands within the Network18 stable.

Led by CNBC-TV18 & Moneycontrol, this alliance will focus on a variety of online & on-air initiatives in the areas of business news & information, issue based research, personal finance and professional networking. The partnership has been flagged with the launch of the “CNBC-TV18 LinkedIn” poll along with traffic development & co-promotional initiatives with Moneycontrol.com

Speaking on this development, Ajay Chacko, Director, TV18 Business Media said "We believe that this partnership will create value because of the substantial content & audience synergies resultant from a combination of the platform strengths of LinkedIn and Network18 brands that deliver India's evolved professional & business audiences. We see a great opportunity in jointly developing offerings for various key business communities including corporate leaders, professionals, SME's and management students"

Hari Krishnan, Country Head, LinkedIn India added "We're quite excited about our partnership with Network18.We believe that this alliance will be instrumental in strengthening LinkedIn’s presence in India and driving awareness about key issues amongst India’s professional audiences"

About Network18
Network18[BSE: 532798,NSE: Network18] is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18) [BSE: 532299, NSE: TV-18], Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs one of India’s largest Internet players - Web18, as well as one of India’s leading real time financial information and news terminals - Newswire18. TV18 has expanded into print with Infomedia18, an entity following the acquisition of Infomedia, India's leading player in the special interest publishing and printing operations space. Through its holding in ibn18 Broadcast Ltd (ibn18) [BSE: 532800,NSE: ibn18], Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7 and has launched IBN Lokmat, a Marathi news channel in partnership with the Lokmat group. ibn18 also operates a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and ‘Colors’, the country’s leading Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air home shopping venture, Homeshop18, its full spectrum events management venture, E18 and its sports management & marketing division, Sports18. In a pioneering foray, the group recently launched Forbes India, the nation's first local edition of a foreign news magazine title and the world’s most influential business brand, in collaboration with Forbes Media. For more information, log on to www.network18online.com

About LinkedIn
LinkedIn is an internet platform company focused on connecting the world’s professionals. The company is privately held and has a diversified business model with revenues driven from user subscriptions, advertising sales and software licensing. The LinkedIn web site was launched in 2003 and is the largest professional networking site in the world with more than 55 million m embers representing 200 countries and executives from every Fortune 500 company. The company’s worldwide corporate headquarters is based in Mountain View, Calif.
Indian Edition of Forbes launched by Steve Forbes and Raghav Bahl
Mumbai, May 21, 2009
 
Steve Forbes, Chairman & CEO, Forbes Media LLC & Editor-in-Chief, Forbes, and Raghav Bahl, Founder and Editor, Network18, launched the Indian edition of Forbes at a gala dinner in Mumbai. The launch marks a significant milestone in the Indian media space as Forbes India is the first Indian edition of any foreign news or business publication.

Commenting on this historic moment, Steve Forbes said: “We are excited to be working with one of India’s leading media groups, Network18, as our partner. I doubt there’s been a better time to launch Forbes India. In the midst of economic doom and gloom, India’s story is one of resilience in adversity and optimism for the future.”

Raghav Bahl added: “The Indian media landscape has had quite a few inflection points in its history. These are points when the rules of the game change and a new language of content emerges and the landscape alters fundamentally. We believe that this will be that inflection point for business coverage in the country. A point which will redefine in India how wealth creation will be understood, how business leaders will choose to lead, and indeed how business will be done. At Network18 we're proud to bring home to you the community that gave birth to business media as we know today, the community called Forbes, the only way the best in business have kept score for over 9O years."

Haresh Chawla, Group CEO, Network18 further stated: “Forbes is an ideal partner for us as we expand our competencies into the print medium and thus strengthen our position as one of India’s leading full play media conglomerates. India’s readership potential is yet to be fully tapped and as the market evolves, credible and strong brands will succeed in the print space. With our experience in business media as well also our ability to deploy global media brands successfully in the Indian market, we are confident of an enriching association with Forbes. We see a lot of opportunity for value creation in this partnership by unleashing cross platform synergies and developing a roster of market leading offerings in the coming years with subsequent launches of ForbesLife and ForbesWoman. The addition of Forbes will further energize our business portfolio which already commands leadership through CNBC-TV18 & CNBC AWAAZ, Newswire18 and web offerings such as moneycontrol.com and indiaearnings.com”

William Adamopoulos, President and Publisher, Forbes Asia, commented: “We have been reporting on India and its heroes of capitalism for many years, and it is very exciting for us to partner with the accomplished media entrepreneurs at Network18 to bring the Forbes brand and style of journalism to India. Forbes India complements and builds upon our existing pan-Asian network of Forbes Asia, Forbes China, Forbes Korea and Forbes Nihonban, making Forbes the largest circulating business publication brand in Asia-Pacific.”

Mr. B. Sai Kumar, Group COO, Network18 & Publisher, Forbes India, added “The partnership with Forbes is yet another testament to the immense trust and ability that Network18 enjoys with its international partners .The addition of Forbes to our business portfolio adds the vital dimension of the print medium to it, and along with our other leading business brands like CNBC-TV18, CNBC Awaaz, Moneycontrol.com and Newswire18, enable s us to explore cross-platform synergies for both, our content as well as our advertisers to use the power of television, print and web together. Forbes India is set to become the country's most influential business brand leveraging network 18's strengths and taking forward the Forbes legacy built over 90 years. Forbes India has the country's most experienced editorial team and an unmatched distribution network”

Forbes India will take on the role of the drama critic of Indian business. The magazine will help readers connect the dots, form patterns and see beyond the obvious, giving them a completely different perspective. In doing this, it will deliver sharp, in-depth and engaging stories by looking at global and domestic issues through an Indian prism.

In the inaugural issue, Forbes India features Lakshmi Mittal, the man who changed the face of the steel industry, and became the fourth richest man in the world. But now, for the first time in three decades, he faces his sternest test. The global slowdown has made his company post quarterly losses for the first time ever last year, and then another negative balance sheet in the next quarter. He’s not alone; the steel industry worldwide is going through a crisis. Everyone is looking to Mittal to show the way out. Will he claw his way out of the slump? The inaugural issue of Forbes India gives the most comprehensive look yet at this driven, determined man.

Forbes India is set to become the most influential business brand in India, the magazine’s best-of-class editorial team, led by Indrajit Gupta, has the flair, depth of talent and a unique passion for high quality magazine journalism. Forbes India has been designed by the internationally renowned duo of Walter Bernard and Milton Glaser. It will be published on a bi-weekly schedule and will be available on stands at Rs.50.

To further complement the magazine’s offerings, the Forbes India Show will be a half-hour weekly program and air on CNBC-TV18, the country’s largest and most respected business channel. The show will see Senthil Chengalvarayan, President & Editorial Director, TV18 Business Media, in conversation with business leaders, policy makers, entrepreneurs and top financial executives to bring together opinions on issues and policies that impact the economy, and also have a wide array of business content ranging from leadership, economy and finance to international business and entrepreneurship.

ABOUT NETWORK18:
Network18 is one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18), Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs India’s leading Internet company Web18, as well as one of India’s leading real time news terminal providers, Newswire18. Through its holding in Global Broadcast News Ltd (GBN), Network18 operates in the general news and entertainment space with general news channels CNN-IBN and IBN7, and operates a joint venture with Viacom, called Viacom18. This JV operates the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching a Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air retail venture, Homeshop18. The group has recently acquired Infomedia, which is a leading player in the Indian publishing space with several magazines & runs one of the largest printing operations in the country. The Group has announced forays, organic and inorganic, into event management, regional news and other areas.

ABOUT FORBES MEDIA LLC:
Forbes Media encompasses Forbes and Forbes.com, the number 1 business site on the Web that reaches 18.6 million people monthly. The company publishes Forbes and Forbes Asia, which together reach a worldwide audience of more than 5.4 million readers. It also publishes ForbesLife and ForbesWoman magazines, in addition to local licensee editions in China, Croatia, Israel, Japan, Korea, Poland, Romania, Russia and Turkey. Other Forbes Media sites are: ForbesTraveler.com; Investopedia.com; RealClearPolitics.com; RealClearMarkets.com; RealClearSports.com; and the Forbes.com Business and Finance Blog Network. Together with Forbes.com, these sites reach nearly 40 million business decision makers each month.

For further information or to arrange an interview, contact:
    1. Priyanka Tiku, Forbes India, Mumbai
    2. Sharon Lee, Forbes Asia, Singapore, tel: +65 9693-8938 or +65 6836-3408
    3. Monie Begley, Forbes, New York, tel: +1 212 620-1887
TV18 Board Approves Rights Issue of Rs. 510 Cr
Promoters undertake to subscribe to the unsubscribed portion of the Rights Issue
Published on May 13, 2009    Place: Mumbai
 

The Board of Television Eighteen India Ltd (TV18) today approved a Rights Issue of Rs 510 cr. The cash raised in this issue will primarily be used to re-pay debt.

Significantly, the promoters of the company alongwith its promoter group entities have committed to subscribe to the unsubscribed portion of the Rights Issue.

A straight equity instrument is proposed to be offered in this Rights Issue. Other terms, including record date, entitlement ratio and price per equity share, will be finalized closer to the date of the opening of the issue.

ICICI Securities Limited has been appointed as the Lead Manager to the Issue.

For further information on Business and Operations contact: For further information on financials  contact:
Haresh Chawla, Group CEO, Network18
Tel #: 022-40019186; Fax # 022-66618984;   
e-mail: haresh.chawla@network18online.com
R D S Bawa, Group CFO, Network18
Tel #: 0120-4341700; Fax # 0120-4324110;
e-mail: rds.bawa@network18online.com
Further information on the company is available on its website www.network18online.com   

About TV18

Television Eighteen India Limited (TV18) [BSE: 532299, NSE: TV-18], a Network18 subsidiary, operates two of India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz.  It also operates in the internet business segment through its majority interest in Web18 as well as one of India’s real time financial information and news terminals – Newswire18.   TV18 has recently expanded into publishing and print media through Infomedia 18, following the acquisition of Infomedia, India’s leading player in the special interest publishing space.  TV18 has also announced collaboration with Forbes Media for the launch of a business magazine in India.

Network18 launches India’s First 24 hour Shopping Channel “HomeShop18”
  1. Revolutionizing shopping in India with many unique and innovative consumer benefits like
    1. Multiple Payment Options
    2. In-Depth Product Information
    3. Entertaining & Engaging Content
    4. Anywhere Anytime Shopping         
  2. Free to Air distribution in over 700 cities across India – one of the largest distribution roll outs
  3. Offers hundreds of new and innovative products every month with exceptional value pricing
  4. Built on the large format retail principles as well as the convenience of the neighborhood store
    1. Multi Brand – Over 200 Brands
    2. 10000 SKUs
    3. Doorstep Delivery
Nagpur, April 17, 2008: Introducing a new concept of shopping in India, Network18 launches HomeShop18, India’s first 24 hour, free to air home shopping channel. HomeShop18 has taken the next leap and launched its dedicated home shopping channel after a successful pilot phase where it garnered about 4 lakh customers and built a robust range of about 10000 products.  In its first phase, the channel will reach out to viewers in over 700 cities with a population of over 1 lakh. This will be followed shortly by a launch in the Metros. The channel is truly a shoppers’ delight, offering its viewers an immense variety of innovative and exclusive products at attractive prices.  All this, from the comfort of their homes.

HomeShop18 promises to bring to its viewers interesting content and programming of international production quality through its state-of-the-art studio and extensive infrastructure.  The channel has a wide bouquet of shows catering to a multitude of audiences across genres. From category specific shows like Gadget Bazaar and The Homemaker to special attractions like celebrity chef Sanjeev Kapoor hosting a cookery show called Chef Ka Tadka, and also the interactive game shows like Bid2Win, the channel brings innovative show concepts that are absolutely fresh, informative and entertaining. To further engage & entertain the audiences, a talented team of anchors will not only educate the viewers on detailed product knowledge but will also give recommendations on how these products can suit their lifestyle needs, thereby becoming the ideal shopping companions.

Starting off with an e-commerce portal, HomeShop18 has today become a full fledged 24 hour channel in a span of just 12 months! HomeShop18 caters to the needs of 400000 customers and has over 200 reputed brands on board like Motorola, Whirlpool, Philips, Sanyo, Tata AIG, Disney, Gitanjali Gems and Tanishq, to name a few. The 24-hour call centre, allowing consumers to call and book orders as per their convenience, handles 60000 calls per day and books 1000 orders a day. HomeShop18 has developed a nationwide distribution capability to reach over 1600 cities ranging from Andaman to Arunachal and from Kashmir to Kanyakumari .

Sundeep Malhotra, CEO, HomeShop18 said on the occasion, “Staying true to our promise of offering convenience of anytime shopping, HomeShop18, India’s first 24 hour home shopping channel is here to change the way India shops. Offering its viewers a delightful customer experience with great quality products at exceptional value supported by an unparalled nationwide delivery mechanism, we are here to transform the retail experience by presenting a smart and intelligent alternative with an assurance of ‘what you see is what you get’.” .

Commenting on the launch of HomeShop18, Mr. Raghav Bahl, Managing Director, Network18 Group said, “This is a great moment for us. Network18 has always believed in staying ahead of times and have pioneered many ventures.  HomeShop18 is a true example of the same. The channel will enable the consumer, even in the remotest part of the country, with a wide range of product choices and availability at their doorsteps; Enlighten them with detailed product information and entertain the viewers with interesting and innovative programming, thus revolutionizing shopping in India”.

Targeted at all age groups, the channel’s core focus is the modern housewife who is pressed for time for shopping and seeks the pleasure of a convenient and reliable shopping alternative. The ease of having branded quality products at reasonable prices delivered at one’s doorstep is the common denominator for our target group. Easy payment options with no hidden costs and free home delivery on all products anywhere in India makes HomeShop18 an attractive shopping option. The channel’s content and gamut of products also attract the youth by offering them the latest gadgets, cosmetics, apparels and much more. As a whole the channel is a perfect fit catering to the shopping needs of the entire family.


About Network18
Network18[BSE: 532798,NSE: Network18] is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18) [BSE: 532299, NSE: TV-18], Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs one of India’s largest Internet players - Web18, as well as one of India’s leading real time financial information and news terminals - Newswire18. TV18 has recently expanded into print with the acquisition of Infomedia, India's leading player in the B2B publishing and printing operations space, and announced a collaboration with Forbes media for the launch of a business magazine in India and is in the process of launching a Hindi business daily for the Indian market via a 50:50 JV with Jagran Prakashan. Through its holding in Global Broadcast News Ltd (GBN) [BSE: 532800,NSE: GBN]

Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7 and has also launched a Marathi news channel in partnership with the Lokmat group. GBN also operates a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching a Hindi general entertainment channel.  Additionally, Network18 holds the Group’s online & on-air home shopping venture, Homeshop18 and its full spectrum events management venture, E18. For more information, log on to www.network18online.com ,

About HomeShop18
Network18 Group, India’s leading business news broadcast company together with SAIF partners (South Asia Infrastructure Funds), is venturing into virtual shopping with HomeShop18. HomeShop18 is mandated to create India’s first comprehensive virtual retail business, operating in a multimedia environment including television, web, catalogue and other media to reach customers across the country directly.

Under Network18’s credible umbrella, HomeShop18 is partnering with the finest companies to bring reputed brands. It also brings great quality products at excellent value propositions. It is committed to providing a delightful customer experience, through entertaining and informative content on TV and the Web, a high quality customer contact centre and an efficient nationwide logistics footprint covering 1600 cities across India. Its highly customer-centric practices make shopping with HomeShop18 a smarter and more intelligent alternative.

HomeShop18 offers its customers great options like, 15-days no questions asked money-back guarantee, free home delivery and multiple payment options that include interest free EMI, cheque/dd pick up and cash on delivery. The convenience of ‘anytime shopping’ incorporates a wide-array of products across various product categories like electronics, health & beauty, home décor & kitchen, kids & toys, jewelry, gifts, services etc. Utmost importance is given to quality assurance and assessment of products, in sync with Network18’s strong brand attributes of trust and credibility. Aided by a dedicated team of dynamic professionals, HomeShop18 is committed to providing cost effective and innovative products to discerning consumers across India. Visit www.homeshop18.com for a delightful shopping experience!

Network18 & Lokmat Group launch ‘IBN-Lokmat’
~The first Marathi News Channel of International standards~
New Delhi, April 7, 2008: Network18’s Global Broadcast News (GBN), India’s leading News Network, and the Lokmat Group, Maharashtra’s leading Newspaper group, present IBN-Lokmat - a 24-hour Marathi News and Current Affairs Channel. The legacy of these two renowned media powerhouses will give IBN-Lokmat a sense of immense credibility as well as access to a vast audience base. Going on air from April 6, IBN-Lokmat will be a world-class credible News channel for the highly aware and conscious ‘Progressive Marathi’. The channel is home to the finest new age multimedia journalists led by Nikhil Wagle as the Editor and Rajdeep Sardesai, Editor-in-Chief, IBN Network.

Through its content, programming, state-of-the-art broadcast centre, extensive infrastructure and international production quality, IBN-Lokmat will embark on the principle of delivering news with the spirit of ‘Chala, Jag Jinkuya!’ (Literally meaning, ‘Let’s conquer the World). As credible journalism empowers people it gives them the inner confidence to take control of their surroundings and bring about change. IBN-Lokmat seeks to do just that and more. With reporters in every district of Maharashtra, and access to national and global networks, IBN Lokmat promises to become a bridge between Maharashtra and the wider world.

“The channel will talk in contemporary Marathi, be inclusive in its approach, will not mince words when it comes to taking up an issue and shall be highly interactive and informative. Over a period of time, the channel will become the most dependable source of information in Marathi across Media. The channel will focus on Maharashtra and not only on Mumbai” Said, Nikhil Wagle, Editor, IBN-Lokmat.

Sharing his views on the channel, Rajdeep Sardesai, Editor-in-Chief, IBN Network said, “IBN-Lokmat will be tailored on the lines of CNN-IBN and IBN7 and hence the spotlight will continue to stay rooted on the journalistic spirit of ‘Whatever it Takes’. With editorial integration between GBN and Lokmat, we hope to become the voice of Maharashtra and the channel’s content will not only reflect the mood of the viewers, but will also successfully influence popular opinion”.

The programming will be informative with a holistic mix of news from across genres including local, regional, national, international, sports, movies, theatre, fashion, etc. and will cater to a myriad of audiences across the Marathi speaking belt. A list of some of IBN-Lokmat’s show can be found in the annexure attached.

Commenting on the joint venture, Vijay Darda, Chairman, Lokmat Group said, “The joint-venture will blend together Lokmat's reach and understanding of the Marathi mind and GBN’s world class standards to create a credible Marathi news channel. I am confident that this relationship will further expand and strengthen this endeavour that is IBN-Lokmat.”

GLOBAL BROADCAST NEWS (GBN, A NETWORK 18 GROUP COMPANY) ANNOUNCES CONSOLIDATION OF IBN 7.
IBN 7 TO BE MERGED WITH GBN, GBN STOCK SPLIT 5:1
December 19, 2007

The Network 18 Group announced the complete consolidation of the 24 hour Hindi news channel, IBN-7 with GBN, the Group’s general news arm. The Channel is currently housed in a joint venture with Gupta family, the promoters of Dainik Jagran.

GBN had earlier announced the acquisition of equity stake held by New Vernon in IBN-7 and its Board today approved a Scheme of Arrangement, in terms of which the IBN-7 Channel will be consolidated with GBN. BMR Advisors acted as the transaction and financial advisors for the consolidation.

The consolidation is subject to relevant regulatory and stakeholder approvals. Pursuant to the consolidation, it is intended that 1,467,390 equity shares of Rs 10 each of GBN (being 4. 45% of GBN’s Capital on a fully diluted basis after effect of the Scheme and the exercise of 3,000,000 warrants by the promoters ) be issued to the Gupta family in consideration of the consolidation. A further 1,793,478 equity shares of Rs 10 each of GBN are proposed to be held in a Trust – which Trust shall be capable of monetizing this stake, for the benefit of GBN’s shareholders.

The Board also accorded approval for sub-division of the nominal value of its equity share from the present Rs 10 per share to Rs 2 per share resulting in a 5 for 1 stock split. The stock split will be subject to shareholders approval, which will be sought through a postal ballot and will then apply in respect of the shares to be issued on the consolidation as well.

GBN is currently listed on the Bombay Stock Exchange and National Stock Exchange.

GBN owns and operates one of India's leading 24-hour English language news and current affairs channel, CNN IBN, and is a market leader in this category. The Company is also entering the regional news space with the launch of a Marathi news channel with Lokmat Group. This consolidation is part of the vision of GBN to emerge as an integrated player in the Indian General News Broadcasting Segment having news and current affairs channels in various languages.

About Network 18:

Network18 is one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content and allied businesses. Through it’s holding in Television Eighteen India Ltd (TV18), Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs India’s leading Internet company Web18, as well as one of India’s leading real time news terminal providers, Newswire18. Through its holding in Global Broadcast News Ltd (GBN), Network18 operates in the general news and entertainment space with general news channels CNN-IBN and IBN7, and operates a joint venture with Viacom, called Viacom18. This JV operates the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching a Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air home shopping venture, Homeshop18. The group has recently moved into print with the acquisition of Infomedia, which is a leading player in the Indian publishing space with several magazines & runs one of the largest printing operations in the country and announced a collaboration with Forbes, one of the leading business magazine brands in the world. The Group is also moving towards operationalizing a 50:50 joint venture initiative in the business print space with Jagran Prakashan Limited. The primary mandate of this JV will be to launch a Hindi business daily for the Indian market in 2008.The Group has announced forays, organic and inorganic, into event management, regional news and other areas.

TV18 (Network18 Group Company) and FORBES ink strategic alliance– Plan to launch business magazine in India in early 2008


Haresh Chawla, Group CEO, Network18 & William P.Adamopoulos, President & Publisher, Forbes Asia

December 14, 2007:

TV18, a group company of NETWORK18, India’s leading media conglomerate, is all set to launch a business magazine in India in partnership with FORBES MEDIA, one of the world’s most respected business publishers. The partnership will include a content licensing arrangement and will also envisage introduction of other Forbes products, subject to regulatory approval.

This partnership further enhances and complements TV18’s strong business offerings in the television and internet space. Currently, TV18 operates India’s leading business channels CNBC-TV18 and CNBC Awaaz, besides Newswire18 and a host of web properties like moneycontrol.com. The partnership with Forbes will bring in strengths in the print space and will synergize well with its television and new media properties. It will also complement TV18’s recent acquisition of Infomedia, which is India’s leading player in the publishing space with several magazines and runs one of India’s largest printing operations.

Forbes magazine itself is a legendary business brand celebrating 90 years of existence this year. It enjoys a loyal following amongst a 5-million strong global audience comprising of business leaders, entrepreneurs, corporate executives and upwardly mobile professionals. In recent years, Forbes magazine has increased its international presence with highly successful titles such as ‘Forbes Asia’ and licensed local language editions such as ‘Forbes China’, ‘Forbes Russia’ ‘Forbes Arabia’ amongst others. Forbes magazine is renowned for its wide array of business content ranging from leadership, finance & international business to marketing, technology & entrepreneurship. It has also diversified into being a globally accepted benchmark for quality & performance with its famous lists covering companies, people & places, education, personal finance, sports, lifestyle & technology, apart from special reports.

Commenting on this partnership, Raghav Bahl, MD, Network18 said “Our partnership with Forbes for a business magazine in India is another compelling testimony to the growing acceptance of the Indian growth story worldwide. Rapid economic expansion, change in consumer mindsets and deepening of the market economy in the country have led to an enabling environment for business brands. We will be strongly positioned to deliver a benchmark offering in the market by fusing the strong editorial and brand lineage of Forbes and our proven expertise in the Indian business media market”

Said Steve Forbes, Chairman, CEO and Editor-in-Chief, Forbes on the partnership, “India is one of the prime markets Forbes has wanted to enter for sometime. We were waiting for the right partner and are so pleased that we have reached a partnership agreement with Network18, one of the most respected and fastest-growing media companies in India. We look forward to making Forbes available to this forceful market soon.”

Haresh Chawla, Group CEO, Network18 further added “Forbes is an ideal partner for us as we expand our competencies into the print medium and thus strengthen our position as one of India’s leading full play media conglomerates. India’s readership potential is yet to be fully tapped and as the market evolves, credible and strong brands will succeed in the print space. With our experience in business media as well also our ability to deploy global media brands successfully in the Indian market, we are confident of an enriching association with Forbes. We see a lot of opportunity for value creation in this partnership by unleashing cross platform synergies and developing a roster of market leading offerings in the coming years. The addition of Forbes will further energize our business portfolio which already commands leadership through CNBC-TV18 & CNBC AWAAZ, Newswire18 and web offerings such as moneycontrol.com, indiaearnings.com”

"As the world's foremost champion of entrepreneurial capitalism, we at Forbes are excited to partner with the accomplished media entrepreneurs at Network18 to bring the Forbes brand and style of journalism to India - home of many of the world’s greatest entrepreneurs" said William Adamopoulos, President and Publisher of Forbes Asia. "This partnership in India complements and builds upon our existing Pan-Asian network of Forbes Asia, Forbes China, Forbes Korea and Forbes Nihonban.”

ABOUT NETWORK18:

Network18 is one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content and allied businesses. Through it’s holding in Television Eighteen India Ltd (TV18), Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs India’s leading Internet company Web18, as well as one of India’s leading real time news terminal providers, Newswire18. Through its holding in Global Broadcast News Ltd (GBN), Network18 operates in the general news and entertainment space with general news channels CNN-IBN and IBN7, and operates a joint venture with Viacom, called Viacom18. This JV operates the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching a Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air retail venture, Homeshop18. The group has recently acquired Infomedia, which is a leading player in the Indian publishing space with several magazines & runs one of the largest printing operations in the country. The Group has announced forays, organic and inorganic, into event management, regional news and other areas.

ABOUT FORBES MEDIA:

Forbes Media was formed in August 2006 as a result of an investment in Forbes by Elevation Partners, in which the private equity firm became a minority shareholder in a newly formed company, encompassing Forbes magazine, Forbes.com and other media properties. Forbes.com reaches in excess of 20 million people monthly. Forbes is the publisher of Forbes, the nation’s leading business magazine - celebrating its 90th anniversary in 2007- and its international edition, Forbes Asia, which together reach a worldwide audience of nearly five million readers. Forbes.com is the company’s Internet business, which is the homepage for the world’s business leaders and the #1 business site on the Web. The company also publishes Forbes Life and Forbes Life Executive Woman. Forbes’ local-language editions include: Forbes Nihonban, Forbes Korea, Forbes China, Forbes Russia, Forbes Arabia, Forbes Israel, Forbes Poland and Forbes Turkey.

 
Network18 Group Forays into Publishing
Television 18 India Ltd. Acquires Strategic Control of Infomedia India Ltd.
December 12, 2007:

TV 18 has announced the acquisition of at least 53 percent stake in Infomedia India Ltd., India’s leading publication company from an ICICI Venture managed fund. The stake shall be purchased in a staggered manner – 40 percent immediately, followed by an open offer for 20 percent of Infomedia. In the event that the open offer does not garner enough response, then TV 18 has the right to purchase such number of shares from the ICICI Venture managed fund so as to augment its stake up to at least 53 percent. The transaction is subject to statutory and regulatory clearances, wherever necessary.

TV18 has acquired the above 40 percent stake for a total purchase consideration of Rs. 178 crores. This acquisition would enable TV 18 to enter the fast growing publication businesses. TV18 will also benefit from the cross media leverage of its existing brands. YES Bank was the exclusive financial advisor to ICICI Venture Ltd. and BMR Advisors assisted TV18 for the transaction.

Infomedia India Ltd has further agreed to issue 50 lakh warrants to TV 18 and 10 lakh warrants to the ICICI Venture managed fund. This issue is as per SEBI pricing norms and this fresh infusion of funds will be used to propel further growth in Infomedia.

Recognizing this as a significant milestone, Mr. Raghav Bahl – Managing Director, Network18 said, “This acquisition signifies our commitment to being an integrated player in the media and publishing space. This acquisition has come at an opportune time and will significantly accelerate our publishing growth plans.”

Haresh Chawla, Group CEO, Network18 , said, “Infomedia has carved a niche for itself with its exciting array of publishing assets and national footprint. The fresh infusion of funds, combined with the strong management team at Infomedia will form a potent combination, thereby enabling the company to significantly leverage Network 18’s strengths in the television, internet and mobile businesses.”

Excited at the prospects of being part of a larger media group, Prakash Iyer, Managing Director of Infomedia said that ‘We are excited about TV 18’s strategic acquisition of Infomedia and look forward to building a bigger organization. Infomedia is already a leading publishing player and this acquisition will enhance the marketing of our value added offerings, which will be extremely relevant in a rapidly changing Indian media market. Our success today is largely also attributable to the continued support and commitment that ICICI Venture has provided to Infomedia’.

Infomedia is one of the first leveraged buyouts in India led by ICICI Venture. The sale process of ICICI Venture’s stake had witnessed strong interests from several strategic and financial investors, including international majors. ICICI Venture’s Managing Director and CEO, Ms. Renuka Ramnath said "This is definitely a landmark deal in the fast growing media and publishing space between two leading players in the industry. Since the buyout, we have worked hard with the management to build a unique business model that is profitable and scalable. We believe that Infomedia is an excellent platform for TV Eighteen to meet its leadership aspirations in the media and publication space.’ This is the second successful leveraged buyout exit by ICICI Venture in the recent past (earlier one being Ace Refractories), indicating the fund’s ability to buy out companies, scale them up and make successful exits.

About Network18

Network18 is one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18), Network18 operates India's leading business news television channels - CNBC TV18 and CNBC Awaaz. It also runs India's leading Internet company Web18, as well as one of India's leading real time news terminal providers, Newswire18. Through its holding in Global Broadcast News Ltd (GBN), Network18 operates in the general news and entertainment space with general news channels CNN-IBN and IBN7, and operates a joint venture with Viacom called Viacom18. This JV operates the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group's filmed entertainment operation and will be launching a Hindi general entertainment channel. Additionally, Network18 holds the Group's online & on-air retail venture, Homeshop18. The Group has recently announced forays, organic and inorganic, into event management, regional news and other areas.

About ICICI Venture

ICICI Venture is one of the largest and most successful private equity firms in India with funds under management in excess of USD 2 billion. Its investment focus areas span across private equity, buyouts, real estate and mezzanine financing. ICICI Venture, over the years has built an enviable portfolio of companies across sectors including media, pharmaceuticals, Information Technology, manufacturing, logistics, textiles, real estate etc thereby building sustainable value.

About Infomedia India Ltd.

Infomedia India Limited is India’s leading media company with strong market presence in diverse business areas spanning Business Directories, Magazine Publishing, Printing Services and Publishing Outsourcing. A pan-Indian network covering 22 cities and over 1,600 employees gives Infomedia a national footprint. The Company is the undisputed market leader in Yellow Pages and Special Interest Publishing and one of the most respected contract printers in the country. Infomedia has recently forayed into the Publishing Outsourcing segment and is well-placed to consolidate its position in this booming market with tremendous growth potential. For the year 2006-07, the Company had a turnover of Rs 2.0 billion and an EBITDA of Rs. 357 million.

TV18 Group is now Network18
September 9, 2007

Starting September 9, the TV18 Group, India’s fastest growing media conglomerate, will be rechristened ‘Network18’.

Network18, will unveil a new corporate identity for the Group which today has a market capitalization of over US$ 2 billion and an industry defying growth rate.

The new Network18 branding will unify all current and future entities of the erstwhile TV18 Group under a single, unified umbrella. Existing companies such as TV18, GBN, Web18, Homeshop18, Viacom18, Studio18, Events18 etc will reflect the new corporate identity.

Today, Network18 has businesses straddling filmed entertainment, news television, music television, news portals, mobile content, on-air / online shopping, show ticketing, jobs and travel portals, real time data terminals, TV channel distribution, event management and more. Network18 is also probably the only entity in the world, which has partnered three global media giants – NBC, Time Warner and Viacom.

Simple yet striking, the new red and white Network18 logo reflects the company’s brand identity - a window to an ever-changing world - in addition to connoting the stature and ambitions of this emerging global media corporation. The re-branding, designed by India's leading brand identity consultants, Ray + Keshavan, encapsulates the essence of the network through three essential tenets – Simple yet striking, the new red and white Network18 logo reflects the company’s brand identity - a window to an ever-changing world - in addition to connoting the stature and ambitions of this emerging global media corporation. The re-branding, designed by India's leading brand identity consultants, Ray + Keshavan, encapsulates the essence of the network through three essential tenets – Enable, Enlighten, Entertain.

Speaking on the occasion of the company’s anniversary, Raghav Bahl, Managing Director, Network18 said, “We have come a long way since TV18 began in 1992 as a small production house. From television news to filmed entertainment, Network18 leaves little untouched and unconquered, thus taking it a step closer to becoming the undisputed media mega brand! Despite our rapid growth and diversification, the one thing that has not changed, is our vision to be ‘better than the best’ and to continuously set new standards in this fast growing industry.”

“Network18 has built some of the most enviable media brands and audience franchises in India and we continue to work aggressively towards building India’s finest truly multi-platform media conglomerate. The new Network18 identity unites our over 3000 strong team and operations with a common set of values and aligns them behind a common purpose. The unified identity will help us harness the power of our individual brands and build an even stronger relationship with all our stakeholders. It is an exhilarating moment for all of us” added Haresh Chawla, Group CEO, Network18.


“Network18 embodies all the attributes of a start-up and combines it with the power to Enable, Enlighten and Entertain every Indian. Over the past decade, the Group has been able to empower more than 80 million Indians. The re-energised entity will aim to reach out to a much larger audience in India and globally. In the process, we also hope to make Network18 the first truly Indian, global media company” said, B. Sai Kumar, Group COO, Network18.

About Network18
Network18 is one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18), Network18 operates India’s leading business news television channels - CNBC TV18 and CNBC Awaaz. It also runs India’s leading Internet company Web18, as well as one of India’s leading real time news terminal providers, Newswire18. Through its holding in Global Broadcast News Ltd (GBN), Network18 operates in the general news and entertainment space with general news channels CNN-IBN and IBN7, and has announced a joint venture with Viacom to be called Viacom18. This JV will operate the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching a Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air retail venture, Homeshop18. The Group has recently announced forays, organic and inorganic, into event management, regional news and other areas.



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