CNN-News18
CNN News18 (earlier CNN IBN) is an Indian English language news channel. It started its transmission in 2005. CNN News18 channel specializes in broadcasting national and international news. It was started in collaboration with CNN, TV 18 and Global Broadcasters News. At present the channel is owned by Network18 Media and Investment Limited whose control is with Reliance Industries Limited. Network18 is one of India’s biggest media conglomerates with 53 channels out of which 20 are news channels and remaining 33 are entertainment channels.
The channel telecasts news segments such as Viewpoint, Breakfast with India, The Morning News, 8am Express, Bottomline, The Right Stand, The Nation @5, India Business News and Face off tonight.
Audience Share
Missing Data
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid / Satellite & DTH
Media Companies / Groups
Network18
Ownership Structure
CNN News18 is a 24x7 news channel controlled by TV18 Broadcast Limited where 37.89% of its shares are publicly traded in the National Stock exchange. The remaining 62.11% shares of TV18 Broadcast Limited are owned by Network18 Media and Investment Limited (51.16%), Teesta Retail Private Limited (4.97%), RB Mediasoft Private Limited (1.52%), RB Media Holdings Private Limited (0.61%), Watermark Infratech Private Limited (0.61%), Colorful Media Private Limited (0.61%), Adventure Marketing Private Limited (0.61%), Independent Media Trust (0.32%), RRB Investment Private Limited (0.1%) and others (1.71%).
RB Media Holdings Private Limited, Watermark Infratech Private Limited, Colourful Media Private Limited, Adventure Marketing Private Limited, Independent Media Trust, RRB Investment Private Limited are all 100% subsidiaries of Reliance Industries. Same companies also appear in the ownership structure of the Network 18 Media and Investment Limited where they collectively hold 73.16% of shares. 25% of shares of Network 18 Media and Investment Limited are publicly traded in the National Stock Exchange. In detail the shares of Network 18 Media and Investment Limited are divided as follows: RB Mediasoft Private Limited (12.18%), RB Media Holdings Private Limited (12.18%), Adventure Marketing Private Limited (12.18%), Colorful Media Private Limited (12.18%), Watermark Infratech Private Limited (12.18%), RRB Mediasoft Private Limited (10.36%), Independent Media Trust holds (1.88%), Teesta Retail Private Limited (1.85%).
Reliance Industries Limited (RIL) holds 41.71% share of TV18 Broadcast Limited. (RIL through Network18 Media Investment Limited owns 37.42% and through the above mentioned companies owns 4.29% shares in TV18 Broadcast Limited.) The public directly and through Network 18 Media and Investment Limited holds 50.66%.
Teesta Retail Private Limited has shares in both TV 18 Broadcast Limited (4.97%) and in Network 18 Media and Investment Limited (1.85%) and collectively holds 5.91% shares in TV 18 Broadcast Limited. One of the directors of Teesta Retail Private Limited is Hariharan Mahadevan, who is also a CFO of Network 18. He also holds 1.11% shares in Network 18 Media and Investment Limited as part of the public.
The remaining 1.71% of shares of TV 18 Broadcast Limited is held by the Employee Benefit Trust under SEBI.
Ambani family, headed by Mr. Mukesh Ambani is the ultimate beneficiary of Reliance Industries Limited.
Voting Rights
Missing Data
Individual Owner
Group / Individual Owner
Public
TV 18 Broadcast Limited trades 37.87% of its shares in the National Stock Exchange, whereas Network 18 Media and Investment Limited has 25% public shareholding. Since Network 18 Media Investment Limited owns 51.16% of TV 18 Broadcast Limited, the 25% public shareholding of Network 18 Media and Investment Limited results in 12.59% share control in TV 18 Broadcast Limited. Therefore, the public directly and through Network 18 Media and Investment Limited holds 50.66% of shares in TV 18 Broadcast Limited.
Teesta Retail Private Limited
Teesta Retail Private Limited has shares in both TV 18 Broadcast Limited (4.97%) and in Network 18 Media and Investment Limited (1.85%) and collectively holds 5.91% shares in TV 18 Broadcast Limited. One of the directors of Teesta Retail Private Limited is Hariharan Mahadevan, who is also a Group CFO at Network 18 Media and Investments Limited. He also holds 1.11% shares in Network 18 Media and Investment Limited as part of the public.
Teesta Retail Private Limited is owned by 10 other companies with equal share of 10% each. These are Jaipur Enclave Private Limited, Honeywell Properties Private Limited, Chander Commercial’s Private Limited, Prakhar Commercials Private Limited, Kaniska Commercials Private Limited, Netravati Commercials Limited, Lakshita Commercials Limited, Creative Agrotech Private Limited, Anagh Commercials Private Limited and Starfish Commercials Private Limited. All these 10 companies are located in the same building’s 3rd, 4th and 5th floors: Court House, Dhobi Talao Lokmanya Tilak Marg, Mumbai. As contact detail they all have the email address of one of the directors Sridhar Kothandaraman with a domain ‘ril.com’ which stands for Reliance. 7 names appear across the companies as directors: Sridhar Kothandaraman, Rajagopal Subramanian, Satyanarayanamurthy Veera Venkata Korlep, Geeta Kalyandas Fulwadaya, Sudhakar Saraswatula, Pankaj Mohan Pawar, Ramesh Kumar Damani.
All these individuals hold various other directorships in other Reliance associated companies.
Sridhar Kothandaraman appears to be the company secretary and compliance officer;
Three LinkedIn profiles were found on Rajagopal Subramanian and two of them have Vice-President of Finance at Reliance (no photo), and the third one states as the position the State Head, Interior Division Reliance Industries, Kerala.
Sudhakar Saraswatula, according to his LinkedIn profile, is the Vice president, Corporate & Secretarial at Reliance Industries Ltd.
Ramesh Kumar Damani according to Bloomberg, is the Chief Financial Officer of TV 18 Broadcast Limited since 2015 and at Network 18 media and investments limited since 2017.
General Information
Founding Year
2005
Affiliated Interests Founder
has a Bachelor’s Degree in Economics from St. Stephen College, University of Delhi and MBA from Faculty of Management Studies, Delhi. Raghav Bahl is an entrepreneur and investor. He has also seeded moneycontrol.com, bookmyshow.com, firstpost.com, yatra.com, among others. Raghav Bahl has started his carrier as Management Consultant for AF Ferguson and American Express Bank. In 1993 Raghav Bahl has launched his own television company. He has also founded Network18 which is one the biggest India’s media conglomerates. In 1994, the World Economic Forum called him a Global Leader of Tomorrow and he has won India’s Sanskriti Award of Journalism. He has also won several other awards including, All Indian Management Association’s Media Person of the Year award and Bombay Management Association’s award for Entrepreneur of the Year. He is also an author and published books like Super Power? The Amazing Race Between China’s Hare and India Tortoise, Modi – Leadership, Governance and Performance and Supereconomies: America, China and the Future of the World.
Affiliated Interests Ceo
is the CEO and Managing Director of Network18 Media & Investments Limited, the company that owns Firstpost. He has also been the CEO-News and Group Editor Chef. Joshi has a Masters in Management Studies from Narsee Monjee Institute of Management Studies, Mumbai in India. Earlier in his career, Rahul Joshi has worked with Economic Times when he launched ETNOW, a business Channel and ET Online. He is also worked with The Indian Express and on the board of News Broadcasters Association (NBA). He is also a Director of Indiacast Media Distributed Private Limited and Viacom18 Media Private Limited which are subsidiary firms of TV18 Broadcast Private Limited. He is also on the Board of News Broadcasters Association, NBA. Rahul Joshi is also a Director in many other companies including TV18 Broadcast Limited, Indiacast Media Distribution Private Limited, AETN Media Private Limited and Viacom18 Media Private Limited
Affiliated Interests Editor-In-Chief
See above for more
Contact
Global Broadcast News, Express Trade Tower,
Plot No. 15-16, Sector-16A, Noida, Uttar Pradesh,
Tel: +91-120-4341818, 3987777
Website: www.news18.com
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Meta Data
The data has been collected from the TV18 Annual Report, the Network18 website and the Ministry of Corporate Affairs. Financial information of the outlet is not available. An email requesting for the information has been sent to the company on the 1st February 2019 and we are waiting for response
