JavaScript is disabled
Our website requires JavaScript to function properly. For a better experience, please enable JavaScript in your browser settings before proceeding.
Network18 Media & Investments Limited, referred to as Network18 Group, is an Indian media conglomerate owned by Reliance Industries. Since a restructuring in 2020, it is now the parent company of TV18, DEN Networks and Hathway Cable and Datacom. Network18 holds 37.3% stake in GTPL Hathway and a majority stake in Hathway Bhawani through its ownership of Hathway. It is also the majority owner of Viacom 18, a joint venture with ViacomCBS.
The group was founded and majority owned by Raghav Bahl Ritu Kapur and Sanjay Ray Chaudhuri in 1993, after India liberalised its economy and media ownership laws in early 1990s. In the 2000s, the Group grew into one of the largest collection of media properties in India through debt financing and international licensing deals with global media brands. By late 2011, according to a LiveMint article, the Network18 group had amassed a large debt, was running in loss and banks were unwilling to lend the group additional capital. Bahl's Network18 group sought capital from the Reliance Industries in 2012, then closed loss-making ventures, laid off employees, and trimmed the size of the Group over the next two years. On 29 May 2014, under the terms of its 2012 financing, Reliance Industries took over the Network18 empire to integrate it with its 4G, Jio wireless content-distribution strategy. The Group's leadership team is headed by chairperson Adil Zainulbhai and managing director Rahul Joshi in 2019.At its peak, the Network18 Group has included media and internet-based media outlets such as in.com, IBNlive, Moneycontrol, Firstpost, Cricketnext, Homeshop18, bookmyshow.com, print magazines such as Forbes India and Overdrive, TV channels such as Colors and some in partnership with international media groups such as NBC, CNN, IBN7, MTV, Nickelodeon, and CNBC. According to Network18 Group's 2018 annual report, it had 700 million (700 million) viewers, and 20 television channels in 15 Indian languages.

View More On Wikipedia.org
Back Top