TV 18 spreads its tentacles - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

TV 18 spreads its tentacles

Jul 20, 2000

From being an exclusive content provider for CNBC India, TV 18 has over the last six months graduated to providing investment advisory via an internet site The latest move of acquiring a 26% stake in would give the company a stake in a transaction–based online broking business. This would be funded via the proceeds of disinvestment of its 20% stake in CNBC India to Sony Entertainment Corporation. Besides, the company has also announced Project Broadband, which would be offering both audio–video via the net. The management is of the opinion that just as and have given Microsoft and NBC (both own as well as CNN a share of the Internet space, a general portal would give TV 18 another avenue for providing content. This content would however be different from the content that it would provide for The management has also announced that it has signed up with a partner who would be as high profile as the partners in CNBC (GE, Dow Jones and Sony).

However, the company is seriously rethinking its entry into FM radio. At present, it has an equity stake in Vertex, a 50:50 joint venture with Dabur India, which has bagged frequencies in five cities viz. Chennai, Hyderabad, Indore, Calcutta and Bhopal. The management feels that the entry fees (license fees) are far too high and the FM radio business would most likely go the cellular way. (Cellular operators who paid very high license fees ending up bleeding.) Though the management would like to be a content provider for radio, it is rethinking its presence in the segment via an equity stake.

Overall the management focus is to be a content provider and leverage its minority stakes in the various delivery vehicles to bag exclusive rights for providing content. In the short term however, it would increase the risk profile of the company.

Equitymaster requests your view! Post a comment on "TV 18 spreads its tentacles". Click here!


More Views on News

What Fuelled the Sudden Surge in PVR and Inox Shares Today (Views On News)

Sep 27, 2021

Shares of both multiplex chain operators surged almost 18% to hit their 52-week highs.

8 Penny Stocks with Exceptionally High Promoter Holding (Views On News)

Sep 25, 2021

While high promoter holding is a good thing, there can be rare cases where penny stock promoters use misleading information about the actual valuation.

Shareholder Activism Triggers a 30% Rally in Zee Entertainment Shares (Views On News)

Sep 14, 2021

Zee Entertainment shares zoom after top investors seek CEO and MD Punit Goenka's removal.

Here's Why Affle India Hit 5% Upper Circuit Today (Views On News)

Jul 2, 2021

In the past one year, the company's share price is up 202%. Can it go higher?

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

Don't Sell these Stocks if the Market Falls (Profit Hunter)

Nov 17, 2021

These are the 3 types of stocks that you should not sell in a market crash.

How to Find Your Next 10-Bagger in this Market (Profit Hunter)

Nov 19, 2021

The #1 make or break factor in your portfolio you shouldn't ignore.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms