TV18 Broadcast Ltd

(TV18BRDCST)

TV18 Broadcast Limited is one of India's most diversified broadcasting media and entertainment conglomerates with interests across television, digital content, filmed entertainment, ecommerce, print and allied businesses. The company was initially incorporated as Global Broadcast News Private Limited in June 2005, and subsequently converted into a public limited company in December 2005. It changed it's name to IBN18 Broadcast Ltd in April 2008 and later to TV18 Broadcast Limited in June 2011.
The Company operates largest news network in India spanning business news (4 channels), English and Hindi general news (1 each) and regional news (14 channels), along with a joint venture News18Lokmat. Additionally, their entertainment subsidiary Viacom18 (joint venture with Viacom Inc.) operates an array of entertainment channels including Hindi GECs, English entertainment, movies, youth and musical entertainment, kids genre and nine regional entertainment channels e.g. Colors, MTV, Nickelodeon.
During 2006, the Company acquired a strategic stake in the holding company of the erstwhile Channel 7 Hindi language news and current affairs channel. The channel was rebranded as IBN7 and relaunched. In 2008, they forayed into the Regional news space through a joint venture and launched IBN Lokmat, a 24-hour Marathi language News channel. They also entered the entertainment space through Viacom18 Media Pvt. Ltd.
Throughout the years they acquired various businesses and in 2018, the National Company Law Tribunal (NCLT) approved the Scheme of Merger by Absorption of their direct/indirect wholly owned subsidiaries. The Board of Directors also approved the Composite Scheme of Amalgamation and Arrangement involving them, Den Networks Limited Hathway Cable and Datacom Limited Network18 Media and Investments Limited Media18 and Digital18 Media Limited and their respective Shareholders and Creditors in 2020. The Scheme provides for amalgamation of Den, Hathway and the Company, and transfer of cable broadband and digital businesses in 3 separate wholly owned subsidiaries of Network18.

Share Price: ₹45.27 per share as on 15 Oct, 2024 04:01 PM
Market Capitalisation: ₹7,760.91Cr as of today
Revenue: ₹3,069.32Cr as on June 2024 (Q2 24)
Net Profit: ₹-120.03Cr as on June 2024 (Q2 24)
Listing date: 08 Feb, 2007
Chairperson Name: Adil Zainulbhai