Network18 Group

Indian media conglomerate

Follow Network18 Group on Notably News to receive short updates to your email — rarely!

April 2021 Moneycontrol, a Network18 owned website, experienced a significant data breach exposing over 7 million users' personal information, including email addresses, geographic locations, phone numbers, genders, dates of birth, and plain text passwords.
2020 AETN18 Media shut down its lifestyle channel FYI TV18.
2020 Journalist Umashankar Dube filed an RTI request questioning the Uttar Pradesh government's advertising expenditure, specifically challenging why television advertisements were prioritized over pandemic relief efforts.
October 2020 TV18 Broadcast reported a significant 148.2% increase in profit margins during the COVID-19 pandemic, attributed to proactive cost-control measures.
October 2020 The planned merger with Sony was abandoned, and the consolidation plans with distribution companies were ultimately delayed.
July 2020 Talks with Sony culminated in a proposed merger between Viacom18 and Sony Pictures Networks India, with Sony set to obtain 74% stake.
April 2020 Network18 became the biggest beneficiary of government advertisement spending between April 2020 and May 2021, with a significant portion of the spending related to promoting the Atmanirbhar Bharat campaign during the initial part of the year.
April 2020 Shudhanshu Vats resigned as MD and CEO of Viacom18, with Joshi taking over the position as an additional charge.
February 2020 RIL announced plans to consolidate its distribution and media businesses, proposing a merger of TV18 Broadcast with Network18 and acquiring cable distribution companies DEN Networks and Hathway Cable & Datacom.
2019 Network18 implemented heavy cost-cutting measures, including freezing increments and new hires, and reducing freelancer budgets due to economic challenges and reduced advertisement revenues.
November 21 2019 RIL entered into discussions with Sony Group about potential merger or acquisition options for Network18.
July 9 2018 Joshi was elevated to the position of managing director while retaining roles as CEO and group editor-in-chief, replacing Kshipra Jatana.
May 2018 Cobrapost released a sting operation exposing Network18's senior marketing executives' potential involvement in paid news propaganda, raising significant questions about media independence in India.
2016 Network18 underwent a comprehensive rebranding operation, phasing out the IBN brand and replacing it with News18. This included renaming channels like CNN IBN to CNN-News18 and IBN7 to News18 India.
2015 The distribution deal with DisneyUTV was cancelled.
October 2015 A. P. Parigi was moved to an advisory position by Reliance Industries after serving as CEO.
2014 Viacom18 Motion Pictures produced the critically acclaimed film Queen.
2014 IndiaCast UTV was converted into a distribution deal due to the introduction of TRAI regulations.
2014 Mukesh Ambani-led Reliance Industries acquired Network18 Group, obtaining 78% of the shareholding.
2013 IndiaCast UTV, a distribution joint venture between TV18 and DisneyUTV, was founded.
2012 Viacom18 Motion Pictures produced the critically acclaimed film Gangs of Wasseypur.
2012 Viacom18 Motion Pictures produced the critically acclaimed film Kahaani.
2012 Network18 Group acquired ETV Network's news channels, expanding its regional news channel portfolio.
2012 Independent Media Trust (IMT) was set up by Reliance Industries to issue a loan to the debt-encumbered Network18.
November 2011 Haresh Chawla resigned from Network18 before its deal with Reliance Industries, publicly stating he wanted nothing to do with the Ambanis.

This contents of the box above is based on material from the Wikipedia article Network18 Group, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also