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Network 18 Media Key Highlights

Network 18 Media & Investment Key Highlights

Published on 22 July 2021

Key highlights

 

  • Company focuses on Digital platforms  OTT Voot which crossed 1 Million B2C subscribers will launch exclusive programmes like Big Boss and Iconic Football league ‘LaLiga’ will be live-streamed on Voot. While Money control pro being top ranked in India for news subscription services News18.com reached 190Mn unique visitors  approximately.
  • EBITDA was down by 32.35% from last quarter while increased by 587.48% YoY.
  • Expenditure fell 14% YoY in spite of  cost increase in content and distribution due to covid second wave
  • News genre viewership grew  by  28%QoQ due to lockdown and elections
  • Entertainment viewership grew by 8% QoQ due to Sports and  Pay GEC(Hindi and regional) share of TV entertainment grew  to ~11%.
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