top of page

Network18 to merge TV18 and into itself

7 Dec 2023

The media giant received the Board’s nod to create a single listed entity with these two companies. TV18 will be dissolved without winding up.

Network18 announced plans to merge its two entities: TV18, which owns a 13.54% stake in Viacom18, and, which owns Network18 secured the nod from the Board of both companies to consolidate digital media and broadcasting businesses and form a single listed entity under its brand name. The new entity will include TV18’s TV portfolio comprising and 20 new channels in 16 languages, Network18’s digital assets comprising in 13 languages and Firstpost, and website and app.

The move will create India’s largest news media platform with the widest range of languages covered via TV and digital media. It will lead to operational collaborations, cost optimisation, and higher revenue.

Earlier, Network18 held a 91.89% stake in, an unlisted entity, and a 51.17% stake in TV18, a listed entity. TV18 shareholders will receive 100 equity shares of Network18 at ₹5 each for every 172 shares of TV18.

bottom of page