Global Broadcast News
Encyclopedia
Global Broadcast News is an India media corporation under the Network 18
umbrella. The major shareholders apart from the Indian public and foreign and domestic institutions are parent company Network 18
, sister company TV18 and a group of professionals including Editor-In-Chief Rajdeep Sardesai
and Joint Managing Directors Sameer Manchanda & Haresh Chawla. Sardesai and Manchanda left NDTV
to start the company in collaboration with TV18 of which Chawla is CEO.
and the National Stock Exchange of India
on the 8th of February 2007 at a significant premium to its issue price.
. Current IBN offerings include:
1. CNN-IBN (English) - A joint venture of Turner Broadcasting and Global Broadcast News which runs the Indian edition of CNN
.
2. IBN-7
(Hindi) - formerly Channel 7 was acquired from Jagran TV, owned by the Dainik Jagran
group of companies, in 2006 and rebranded IBN-7
.
3. The company has launched its first regional channel, IBN-Lokmat
, a Marathi
news channel, headed by Nikhil Wagle. The channel is a 50:50 venture between GBN and Lokmat
group.
entered into a 50-50 joint venture with Global Broadcast News to form Viacom-18, which would house Viacom's existing channels in India - MTV
, VH1
and Nick
as well as Network 18
's movie business. All future Viacom
content for India and new ventures such as a Hindi entertainment channel and a Hindi movie channel would be housed in this JV. GEC "COLORS" to be launched has been announced by Viacom-18
Network 18
Network18 Media & Investments Limited is an Indian media conglomerate with interests in television, print, internet, film, mobile content and allied businesses. Network 18 FinCap is the holding company for several media entities in India such as Television Eighteen India Ltd , IBN 18 Broadcast...
umbrella. The major shareholders apart from the Indian public and foreign and domestic institutions are parent company Network 18
Network 18
Network18 Media & Investments Limited is an Indian media conglomerate with interests in television, print, internet, film, mobile content and allied businesses. Network 18 FinCap is the holding company for several media entities in India such as Television Eighteen India Ltd , IBN 18 Broadcast...
, sister company TV18 and a group of professionals including Editor-In-Chief Rajdeep Sardesai
Rajdeep Sardesai
Rajdeep Sardesai is an Indian journalist, political commentator and news presenter. Sardesai is the Editor-in-Chief of IBN18 Network, that includes CNN-IBN, IBN-7 and IBN-Lokmat.- Biography :...
and Joint Managing Directors Sameer Manchanda & Haresh Chawla. Sardesai and Manchanda left NDTV
NDTV
NDTV is an Indian commercial broadcasting television network founded in 1988. It was founded by Prannoy Roy, an eminent journalist and current chairman and director of NDTV Group. NDTV currently has more than 1,000 employees producing news from over twenty locations in India...
to start the company in collaboration with TV18 of which Chawla is CEO.
Market Listing
Global Broadcast News listed on the Bombay Stock ExchangeBombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...
and the National Stock Exchange of India
National Stock Exchange of India
The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...
on the 8th of February 2007 at a significant premium to its issue price.
IBN (India Broadcast News)
IBN is the brand name for Global Broadcast News' 24-hour television news stations distributed via cable and DTHDTH
DTH may refer to:* The Daily Tar Heel, a student newspaper at the University of North Carolina at Chapel Hill* Dance Theatre of Harlem, New York City* Danmarks Tekniske Højskole, a previous name for the Technical University of Denmark...
. Current IBN offerings include:
1. CNN-IBN (English) - A joint venture of Turner Broadcasting and Global Broadcast News which runs the Indian edition of CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...
.
2. IBN-7
IBN-7
IBN-7 is a Hindi news television channel owned by Network 18 Ltd based in Mumbai.IBN-7 - formerly Channel 7 was acquired from Jagran TV, owned by the Dainik Jagran group of companies, in 2006 and rebranded IBN-7. IBN-7 is the Hindi news channel of IBN18 Broadcast Limited, which is part of Network...
(Hindi) - formerly Channel 7 was acquired from Jagran TV, owned by the Dainik Jagran
Dainik Jagran
Dainik Jagran is a Hindi language daily broadsheet newspaper in India. According to the IRS Q1 2010, Dainik Jagran ranks No. 1 among the dailies with a Total Readership of 54,254,000.-Overview:...
group of companies, in 2006 and rebranded IBN-7
IBN-7
IBN-7 is a Hindi news television channel owned by Network 18 Ltd based in Mumbai.IBN-7 - formerly Channel 7 was acquired from Jagran TV, owned by the Dainik Jagran group of companies, in 2006 and rebranded IBN-7. IBN-7 is the Hindi news channel of IBN18 Broadcast Limited, which is part of Network...
.
3. The company has launched its first regional channel, IBN-Lokmat
IBN-Lokmat
IBN Lokmat is a Marathi-language news channel based in Mumbai, Maharashtra, India. It is a joint venture between Network 18 and Lokmat Group, which runs the most read Marathi newspaper, Lokmat.IBN Lokmat was launched on 6 April 2008, the Gudi Padwa day...
, a Marathi
Marathi language
Marathi is an Indo-Aryan language spoken by the Marathi people of western and central India. It is the official language of the state of Maharashtra. There are over 68 million fluent speakers worldwide. Marathi has the fourth largest number of native speakers in India and is the fifteenth most...
news channel, headed by Nikhil Wagle. The channel is a 50:50 venture between GBN and Lokmat
Lokmat
Lokmat is the largest read & circulated Marathi language newspaper. It is the fifth largest Indian daily and in Marathi, it is the largest selling daily with 1.58 million copies a day. As per IRS 2010 Q3, Lokmat has a total readership of 23.67 million...
group.
JV with Viacom
On 21 May 2007, American media giant ViacomViacom
Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...
entered into a 50-50 joint venture with Global Broadcast News to form Viacom-18, which would house Viacom's existing channels in India - MTV
MTV
MTV, formerly an initialism of Music Television, is an American network based in New York City that launched on August 1, 1981. The original purpose of the channel was to play music videos guided by on-air hosts known as VJs....
, VH1
VH1
VH1 or Vh1 is an American cable television network based in New York City. Launched on January 1, 1985 in the old space of Turner Broadcasting's short-lived Cable Music Channel, the original purpose of the channel was to build on the success of MTV by playing music videos, but targeting a slightly...
and Nick
Nick
Nick may refer to:*A short form for Nicholas or Nikhil*Nick , an element of DNA structure*Nickelodeon , a television network**Nickelodeon , for other versions of Nickelodeon and their sister channels around the globe....
as well as Network 18
Network 18
Network18 Media & Investments Limited is an Indian media conglomerate with interests in television, print, internet, film, mobile content and allied businesses. Network 18 FinCap is the holding company for several media entities in India such as Television Eighteen India Ltd , IBN 18 Broadcast...
's movie business. All future Viacom
Viacom
Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...
content for India and new ventures such as a Hindi entertainment channel and a Hindi movie channel would be housed in this JV. GEC "COLORS" to be launched has been announced by Viacom-18