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Network18 Group | |
Company type | Public Subsidiary |
ISIN | INE870H01013 |
Industry | |
Founded | 1996 |
Key people |
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Products | |
Revenue | ![]() |
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Total assets | ![]() |
Number of employees | 6,000 (2021)[1] |
Parent | Reliance Industries (75%) |
Divisions |
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Website | www |
Network18 Media & Investments Limited, is an Indian media conglomerate, based in Mumbai. It is owned by Reliance Industries. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief of Network18, and Adil Zainulbhai is the chairman of its board of directors.[2]
Network18 is the holding company of TV18, Web18, Network18 Publishing and Capital18. Through its subsidiaries and franchise licensing agreements, the group owns and operates the news broadcasting networks of News18, and CNBC channels in India, the magazines of Forbes India and Overdrive, the websites of Firstpost and Moneycontrol, and owns various other assets and investments. The broadcasting subsidiary TV18 is the controlling partner in two mass media joint ventures, Viacom18 and AETN18, through which it operates the OTT platforms of Voot, the production house Viacom18 Studios, the television networks of Colors TV, Nickelodeon, Comedy Central, VH1, MTV and the channel History TV18.
Incorporated in 1996 by Geeta and Rakesh Gupta, the company was acquired by Ritu Kapur and Raghav Bahl to be converted into a conglomerate holding company between 2003 and 2006. It oversaw one of the largest collections of media properties in India following its conversion but became encumbered with debt due to aggressive expansions. In 2012, the company entered into a debt agreement with Reliance Industries, through which it was granted a number of channels from the ETV Network. The agreement eventually enabled a takeover of the company in 2014.