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TV18 announces its financial results for the quarter and year ended March 31, 2024, highlighting significant growth in revenue and profitability. The period was marked by the formation of a joint venture between Viacom18, Reliance, and The Walt Disney Company.
Viacom18, Reliance, and The Walt Disney Company Collaboration:
Strategic Focus of the Joint Venture:
Read More: Reliance Industries
Financial and Ownership Details:
Quarterly and Annual Revenue Growth:
Additional Read: Quarterly Results
Digital and Broadcast Achievements:
Overall Leadership and Reach:
Channel-Specific Highlights:
Digital News Growth:
Financial Performance
OPERATING EBITDA (Rs Cr)
Notes:
TV18 Broadcast Limited (TV18) was originally founded as Global Broadcast News Private Limited on June 6, 2005, as a private limited company. It transitioned to a public limited company on December 12, 2005, and was subsequently renamed IBN18 Broadcast Ltd on April 2, 2008. Following a Scheme of Arrangement approved by the High Court of Delhi, the company adopted its current name, TV18 Broadcast Limited, on June 17, 2011.
TV18, a subsidiary of Network18 Media & Investments Limited, ranks among India's most expansive media and entertainment (M&E) conglomerates, with a portfolio that spans television, digital content, filmed entertainment, e-commerce, print, and related sectors. The company operates India's largest news network, which includes four business news channels, one general news channel each in English and Hindi, and 14 regional news channels across India, including the joint venture News18-Lokmat.
Additionally, TV18’s entertainment subsidiary, Viacom18 (a joint venture with Viacom Inc.), manages a diverse array of entertainment channels, further broadening TV18's influence in the broadcasting and digital content sectors.
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Source -https://www.bseindia.com/xml-data/corpfiling/AttachLive/60c656ec-7c41-41e2-82b0-f3cadd2a1b33.pdf
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