Advertisement


Advertisement

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
General News ABCPL set to launch Hindi news channel TV9 Bharatvarsh in March
#1
Advertisement
[Image: BE9wcYa.jpg]MUMBAI: TV news broadcaster Associated Broadcasting Company Pvt Ltd (ABCPL) is all set to enter the Hindi news genre with its new channel TV9 Bharatvarsh, which is slated to launch next month.

This will be the second major launch in the Hindi news genre ahead of the big 2019 General Elections. Earlier, Republic Media Network had entered the Hindi news genre with the launch of Republic Bharat.

TV9 Bharatvarsh will enter the Hindi Satellite market with a well known team of strong journalists and presenters. The editorial team includes names like former India TV editor Hemant Sharma, former India TV managing editor Ajit Anjum, and Vinod Kapri.

The Hindi channel is all set to open up its largest news studio in the country, which will use the best of AR and VR technologies and BOT News Tracker in its presentation.

TV9 Bharatvarsh will aim to change the national television with its unique style of aggressive presentation blended with investigative journalism that will focus on the rights of the people.

“The Hindi channel will bring back issues that really matter and use the medium of television keeping the core values of humanity and people’s interests in the forefront. Unlike other Hindi News Channels TV9 Bharatvarsh will not promote superstitions like Astrology,” ABCPL director Clifford Pereira said in a statement.

In 2018, Srini Raju exited the company after selling his stake to a clutch of investors including promoters of Megha Engineering and MyHome Cement. The company was valued at Rs 456 crore for the transaction.

ABCPL was promoted by Ravi Prakash with seed capital from Srinivasa Raju through his investment firm iLabs Venture Capital Fund Pvt Ltd (iLabs) and Chintalapati Holdings Pvt Ltd (CHPL) in 2003. iLabs and CHPL held 17.63% and 71.06%, respectively, in ABCPL.

The company operates six channels (different languages) which are broadcast in the states of Andhra Pradesh, Telangana, Karnataka, Gujarat and Maharashtra. The company broadcasts the channel with the brand name of TV9, News9 and TV1.

ABCPL’s revenue grew 19% to Rs 159.96 crore in 9M FY18 compared to Rs 134.73 crore in 9M FY17. In line with increased revenue and lower interest expenses, profit before interest, lease, depreciation, and tax (PBILDT) margin and PAT margin improved significantly to 13.82% and 6.77% respectively during 9M FY18 as against 8.8% and 5.26% in the year-ago period.

Source:

___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  General News: India News launches special shows around GE 2019 nairrk 0 136 03-16-2019, 09:07 AM
Last Post: nairrk
  General News: Sun TV to re-shuffle programming line-up from 18 March nairrk 0 154 03-09-2019, 10:17 AM
Last Post: nairrk
  General News: ABP News Network receives four TV channel licences from MIB nairrk 0 164 03-08-2019, 09:40 AM
Last Post: nairrk
  General News: Vijay Super to be revamped as Tamil movie channel nairrk 0 159 03-07-2019, 09:34 AM
Last Post: nairrk
  Update: Star launches its fifth regional sports channel Star Sports 1 Bangla nairrk 0 100 03-06-2019, 09:44 AM
Last Post: nairrk
  General News: Star introduces six new bouquet packs, plans to launch Star Sports 1 Bangla by Mar nairrk 0 342 02-22-2019, 10:28 AM
Last Post: nairrk
  General News: MIB grants six new TV licences in non-news category nairrk 0 337 02-21-2019, 09:23 AM
Last Post: nairrk
  General News: BloombergQuint launches premium news subscription service ‘BQ Blue’ nairrk 0 270 02-20-2019, 08:59 AM
Last Post: nairrk
  General News: Network18 gears up for GE 2019 with programming across 15 languages, 20 news channels nairrk 0 345 02-20-2019, 08:57 AM
Last Post: nairrk
  General News: TV18 complains to TRAI about placement of Republic Bharat in non-Hindi news genre nairrk 0 313 02-18-2019, 12:00 PM
Last Post: nairrk

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement