Tag: NDTV

  • Who Owns the Media in India? | A Connection of Business, Politics, and More

    Television, Radio, Cinema, Newspapers, Magazines and internet-based Websites and Portals are all various arms of the Indian Media – among the oldest in the world. Out of the 880 satellite TV channels, more than 380 are news channels, several among them relaying current affairs 24×7.

    However, a large number of media outlets and the country’s rich culture and ethnicity do not translate into a variety of news supply. Ironically, the media ownership concentration indicates the opposite and a significant trend towards the control of content and public opinion.

    Who Owns and Runs Indian Media?
    New Delhi Television (NDTV)
    Network18 Media and Investments Limited
    Republic TV
    India News
    Times Now
    Why Do Media Monopolies Flourish?

    Indian Media’s Credibility Crisis during Covid-19

    Who Owns and Runs Indian Media?

    Value of Media and Entertainment Industry in India (2019-2024)
    Value of Media and Entertainment Industry in India (2019-2024)

    There is a strong connection between media, business and politics. Most of the leading media companies are owned by large conglomerates which are controlled by founding families with a vast array of business interests other than media.

    The last few weeks’ news headlines have been bursting with consistent news of the hostile take-over of NDTV by the Adani Group. It seems to be a good place to begin delving into this seemingly bottomless pool of secretive allegiance of the media to its various counterparts.

    New Delhi Television (NDTV)

    Adani Group to Acquire a Majority Stake in NDTV
    Adani Group to Acquire a Majority Stake in NDTV

    The news channel has been openly biased towards the Congress and notoriously anti-BJP in the recent past. It was a majorly held company between a few individuals and corporate groups – Radhika Roy, Prannoy Roy, RRPR Private Holding Ltd. and Oswal Greentech Ltd. The murky ownership of NDTV goes deeper with Radhika Roy being the sister of Brinda Karat, a Rajya Sabha MP from CPI(M). Abhay Kumar Oswal, the owner of Oswal Greentech Ltd., is the father-in-law of Congress MP Naveen Jindal. Prannoy Roy is the first cousin of Arundhati Roy – erstwhile winner of the Booker Prize for her book ‘The God of Small Things.’

    A little over a decade ago, Prannoy and Radhika Roy, borrowed approximately INR 403 crore from Vishvapradhan Commercial Pvt. Ltd. (VCPL), in exchange for warrants allowing them to acquire approximately 29% stake in the news group. The Adani Group acquired VCPL and exercised those rights. In accordance with Indian Regulations, the group put forth an open offer to purchase 26% more from existing shareholders, giving them an opportunity to exit. Adani Group stands to acquire more than a 55% stake in the popular news network, NDTV if the two-pronged strategy succeeds.  

    Network18 Media and Investments Limited

    Formerly known as SGA Finance and Management Service and Network18 Fincap Limited, passed ownership a couple of times and also went through a restructuring and founded a subsidiary called Global Broadcast News (GBN). A series of losses between the years 2008 and 2010 with existing debts drained the company’s funds. In an effort to mitigate its financial losses, the company began restructuring and consolidating its assets. Their efforts proved futile as, after 2011, it faced possible financial collapse and loss of control for its managing director Raghav Bahl. By September 2011, the company had accumulated a debt of INR 1400 crores and was on the lookout for external financing to bail itself out. Reliance Industries Ltd. (RIL) entered into a partnership with Network18 and infused funds through Independent Media Trust.  

    Over the next couple of years, through a series of business dealings and manoeuvring, RIL succeeded in gaining total control over Network18 Media and Investments Ltd.

    Network18 Owned by Reliance Industries Limited
    Network18 Owned by Reliance Industries Limited

    It is assumed, that the main reason behind RIL gaining control over Network18 was the network’s incessant coverage of Arvind Kejriwal and his allegations against RIL supremo, Mukesh Ambani over the irregularities in the pricing of natural gas in the Krishna-Godavari Basin. No charges were filed, however, and RIL denied the allegations vehemently.  

    Today, Reliance Industries Ltd., through Network18 Media and Investments Ltd., owns TV18 Broadcast, Web18 Software Services, Network18 Publishing and Capital18. Through subsidiaries and franchise licensing agreements, the Network18 group owns and operates news broadcasting networks of News18, ETV and CNBC India channels, Forbes India and Overdrive magazines, Moneycontrol and Firstpost websites.  


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    Republic TV

    Contrary to popular belief, Republic TV and Republic Bharat are both owned and run by ARG Outlier Media Pvt. Ltd, allegedly funded by Rajeev Chandrashekhar. He is the Bhartiya Janta Party member of parliament in the Rajya Sabha and the vice-chairman of the Kerala Wing of the National Democratic Alliance. The general belief is that Republic TV and Republic Bharat are both owned by anchor Arnab Goswami.  

    India News

    This media news channel is owned by former Congress leader Venod Sharma’s son Karthikeya Sharma. Karthikeya Sharma is the brother of Manu Sharma who has been sentenced to life imprisonment for the murder of Jessica Lal. Karthikeya Sharma is the owner of ITV Media group operating many news channels including News X.  

    Times Now

    The giant Times Group, owned by Bennett, Coleman and Company Limited, is one of the most powerful and influential media houses in the country. It owns Times of India, Navbharat Times, Mid-Day, Stardust, Femina, Vijaya Times, Vijaya Kannada and Times Now News Channel. A major share in the company is owned by an Italian Robertio Mindo, who is a close relative of Sonia Gandhi.


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    Why Do Media Monopolies Flourish?

    The reason for the foray into the news space by large conglomerates is for the edge that it gives their companies. The acquisition of Network18 by RIL was one of the first corporate takeovers of a news media channel. With RIL’s deep interest in the energy sector, this move was considered a part of a trend of growing commodification of information, detrimental to the treatment of journalism as a public service.

    The reason for these flourishing monopolies can be fairly laid at the door of non-existent laws and regulations that prevent:

    • Horizontal monopolies specific to the media industry
    • Cross-media ownership and vertical integration in the media
    • Disclosure norms for media ownership
    • Media monopolies not linked with a lack of freedom of speech

    In the absence of strict laws, media in India is self-regulated by News Broadcasters Association and Indian Broadcasting Foundation which lays down guidelines, rather than rules.

    Conclusion

    The political affiliations of media channels prior to corporate takeovers have already travelled the path of misinformation, selective information and commodification of information. As one of the biggest media markets in the world, Indian media ownership and control in the hands of a few reflects its inability to report with objectivity and without bias. Be it political, business, religious or any other type of affiliations, journalism needs to be free and clear of such loyalties or biases to be truly a public service, working only for the public interest at large.

    FAQs

    Which is the most-watched news channel in India?

    According to Reuters Institute at Oxford University’s latest report, NDTV 24X7 is the most-watched news channel in India.

    Who is taking over NDTV?

    AMG Media Networks, a subsidiary of Adani Group bought Vishvapradhan Commercial Pvt. Ltd. (VCPL) in exchange for warrants allowing them to acquire approximately 29% stake in NDTV. Adani Group has also announced an open offer to acquire a 26% additional stake in NDTV.

    Which are the top news channel in India?

    The top news channel in India are:

    • NDTV
    • India Today
    • ABP Network
    • Republic TV
    • Times Now
    • Network18
    • Aaj Tak
  • How Indian media has Transformed over years [Case Study]

    Media as we know it has become an indispensable part of our lives. Without it, I think we’d barely sustain the economic and demographic environment lest having a path carved to move forward. The enormous sea of information that we have access to, is to the grace of this media.

    We have come decades ahead from telegrams and fax messages which were the primary mediums of passing sensitive information to the world of the internet and smartphones where nothing really is ever sensitive.

    The 24*7 media has taken us into the whirlpool of its headlines and breaking news and keeps us on our toes with the latest updates. Print media, Cinema, broadcasts, radio, and now the Gen Z favorite digital media are now the new improved, tech-savvy, and info-rich tools used to pass on information to the masses.

    History of Indian Media
    The Present of the Indian Media
    Growth of Indian channels, and media outlets
    How Indian media has changed the course of country’s politics and dynamics
    Future of Indian Media
    FAQ

    History of Indian Media

    Indian media is the largest and the oldest media that has seen itself unfold during the 18th century. The footfalls of pre-independence saw the birth of print media in 1780. Hicky’s Bengal Gazette was the first newspaper introduced under the British Raj.

    As the fate of India unfolded in the hands of the colonizers there were several other newspapers that steadily made their presence established. This print media later proved to become a powerful weapon at the hands of freedom fighters who spread the message of independence to the masses. The Madras Courier (1785) and the Bombay Herald (1789) were the ones that followed in the early 18th century.

    Pre-Independence

    Pre-Independence saw a multitude of print media founders support and aggregate the freedom struggle. Mirat-ul-Akbar ( a Persian Journal) by Raja Ram Mohan Roy, Rast Goftar by Dadabhai Naoroji, Kesari by Bal Gangadhar Tilak. The Indian Opinion by Mahatma Gandhi were some of the prominent newspapers that took responsibility to encourage masses to come forward for the freedom movement.

    After Independence

    Even after Independence, the print media was dominated by English newspapers. Firstly, because of the exalted position of the language and secondly because of the Morse code on typewriters which were difficult for vernacular languages. Steadily, Indian languages rose to the occasion and started printing their own press.

    Indian press witnessed its first-ever revolt when the (then) Prime Minister Indira Gandhi announced a nationwide emergency during 1975-1977. This has set a precedent for how nations should not be treating their press. This suspended basic civil liberties-press being among several others.

    The Draconian law

    The Draconian law under the government threatened and arrested anyone who reported against the tyranny. The 21 month period of emergency had the Indian media on its leash and the publications had to run their content through a Chief Press Advisor before publishing.

    Radio broadcasting was first initiated in 1927 but became a state-owned department in 1930. The ministry of broadcasting and information then held the apparatus including Doordarshan, the first Indian Television channel. It is one of two statutory bodies of the Indian Public Broadcaster Prasar Bharati.

    Doordarshan
    Doordarshan

    Indian Cinema

    The Indian Cinema dates back to 1913 when Dadasaheb Phalke, a scholar on Indian languages and culture, pioneered the motion picture industry by producing the first full-length motion picture “Raja Harishchandra”. Indian cinema has been tested in many waters to become Bollywood today. Today, India is the second-largest producer of movies in the world.

    Indian cinema with respect to its viewers has been very protective of the content and subject matter that is shown to the masses. India holds very dearly to its religious and social-political views. Indian audiences are still not very accepting of mature and sensitive topics such as same-sex relationships, casteism, and politics.

    There have been excellent filmmakers who have tried to carve out these subjects keeping in mind the sensitivity of the Indian audience. We are yet to reach the maturity mark as a collective audience when it comes to raw and unfiltered content.

    Indian media
    Indian media

    The Present of the Indian Media

    The media and entertainment industry has grown exponentially over the past few decades. Today, with more than 118000 registered publications for newspapers and periodicals and makes India the second-largest country in newspaper consumption.

    Television Media

    India has 850 TV channels across all spoken languages with 197 million households having television sets in use. Every language in the Indian subcontinent has its own set of channels of entertainment. Colors, Zee, Star are some of the leading networks spread pan India covering news and entertainment in all the main languages.

    India is currently witnessing the exit of single-screen theatres as major multiplex players like Cinepolis, INOX, PVR, and Carnival Cinemas have taken over the screenings. India has lost about 12% of single-screen theatres due to the novel corona Virus outbreak. These theatres are unlikely to return to business and may be taken over by multiplex chains.

    OTT Platforms in India

    The Over-the-top (OTT) platforms have been around since 2008. But their viewership rose significantly when we were forced into our homes for almost a year thanks to the pandemic. OTT platforms were devoid of censorship and operated pan India since the internet has no geographical barriers.

    Today OTT platforms in India have valued at a revenue of Rs 40,000 crore with 40 mainstream OTT platforms running under the Indian umbrella. Amazon Prime, Disney+ Hotstar, Netflix India, SonyLiv, Alt Balaji, Voot are some of the established OTT platforms which are giving the DTH industry a run for its money.

    Growth of Indian channels, and media outlets

    Currently, the country consumes media through platforms such as TV, OTT, Print, VFX, Radio broadcasts, Gaming, and digital advertisements. India’s Ad revenue is forecasted to expand at a CAGR of 4.3% between 2021-2024.

    Due to the rapid growth in the number of internet users, the digital avenues are looking at a projection to reach a CAGR of 26% by 2024 including print and TV platforms, making India the six-largest demographic with an industry revenue worth $2.9 Billion.

    Digital advertising revenue in India from financial year 2008 to 2020
    Digital advertising revenue in India from financial year 2010 to 2020

    How Indian media has changed the course of country’s politics and dynamics

    News Media

    With news giants like NDTV, CNBC, Aaj Tak, and ABP networks, India has around 892 news channels. These media houses have gained power over the course and have divided the Indian audiences into two wings.

    Some of the media houses are owned by the wings themselves. The politics and propaganda attribute to the success and TRPs of these media houses. A free press is becoming a serious worry in terms of authenticity and is lacking awareness.

    In recent times, journalism has cost a few passionate journalists their lives, and freedom of expression which one of the basic human rights in our constitution is ceasing to have much value. The political dominance over the free press is evident and intimidating.

    India’s Freedom status

    India’s status has been degraded from ‘Free” to “Partially Free” by the NGO Freedom House due to a “crackdown on expressions of dissent by the media, academics, civil society groups, and protesters”.

    According to the Freedom in the World report, 2020, India’s score has decked to 67 from 70 out of 100. This is extremely serious and unnerving as we are losing the democratic status that we’ve held on since our independence.

    “Under Modi, India appears to have abandoned its potential to serve as a global democratic leader, elevating narrow Hindu nationalist interests at the expense of its founding values of inclusion and equal rights for all,” the report said.

    The free reign enjoyed by the digital media became a recent target of the nationalist government when it introduced new Guidelines for Intermediaries and Digital Media Ethics Code) Rules 2021 (Rules) for the functioning of OTT platforms. The new code of ethics needs to classify the content based on the viewer’s age, theme, tone, and impact.

    Future of Indian Media

    “With India’s decline to Partly Free,” the report said, “less than 20 percent of the world’s population now lives in a Free country, the smallest proportion since 1995.” The current state of media and entertainment is a little gloomy and seems to be surrounded by the clouds of arbitrary laws and coercion.

    The growth in terms of numbers is truly exponential. With OTT and Social Media platforms, media is pushing itself towards its highest potential. Content is King: but what if this content is under constant surveillance and the freedom of expression is compromised.

    The future is blurry for Indian Media and entertainment with an arbitrary wave riding its proficiency. Will India go back to being “Free” again? Or will it succumb to the political propaganda and lose its free press. These are the questions that are doing rounds of discussions among the intellectuals of our country.

    FAQ

    Who owns print media?

    ThePrint is an Indian online newspaper. It is supported by Printline Media Pvt Ltd, a company headquartered in New Delhi.

    Who owns NDTV in India?

    New Delhi Television Ltd. is an Indian news media company that owns and operates the broadcast news channels of NDTV India and NDTV 24×7.

    Who is the first woman journalist in India?

    Homai Vyarawalla was India’s first woman photojournalist.

    Conclusion

    Indian media is a mess and we need to learn to distinguish between faux news and genuine journalism. As citizens, it is our responsibility to maintain the status of a democratic nation on the world front.

  • Shekhar Gupta – Padma Bhusan recipient and the founder of The Print

    In the puddle of journalism and the controversy about how virtuous it is, Shekhar Gupta is a gem. This 63 years old is now editor- in- chief and the founder of The Print. The journalist who won Padma Bhushan for his dedication and hard-work in the field of journalism and serving the national interest.

    Shekhar Gupta – Biography

    Name Shekhar Gupta
    DOB 26 August, 1957
    Birthplace Palwal, Haryana
    Nationality Indian
    Profession Journalist
    Spouse Neelam Jolly
    Major Award Padma Bhushan (2009)

    Shekhar Gupta- Early Life and Personal Life
    Shekhar Gupta- Education
    Shekhar Gupta- Professional Career
    Shekhar Gupta as founder of The Print
    Shekhar Gupta- Books
    Shekhar Gupta- Awards and Achievements

    Shekhar Gupta- Early Life and Personal Life

    Shekhar Gupta was born on 26th August, 1957 at Palwal, Haryana. He is married to Neelam Jolly, who is a social worker and runs a NGO.

    He started working in the year 1977 in Indian Express. He worked for 6  years there. But he gave his resignation there in order to join Indian Today.

    There he completed Operation Bluestar– the Nellie Massacre in Assam and Gulf War in 1991. Through these shows he brought the ring-side view of contemporary history. But after that he again rejoined the Indian Express as editor in chief and CEO. There he again worked for 19 years from 1996-2015.

    Shekhar Gupta- Education

    He started his schooling in Saraswati Shishu Mandir in Palal, Punjab. He went there for 3 years from 1962- 1965.

    And then he graduated from School of communication from Punjab University to do his Bachelor’s in Journalism. He passed it in the year 1976.


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    Shekhar Gupta- Professional Career

    Currently he is the editor in chief of The Print, which was launched in August,2017. He started this paper keeping in mind of being “liberal and factual“.

    Before retiring from Indian Express in 2014, he was enjoying an annual package of Rs 10 crores. Which was the highest in the Indian journalism or World Journalism scenario.

    He is also a columnist in Business Standard. He has had long stints at Indian Express and India Today. He writes a weekly column for India Today named “National Interest“.

    All the columns of National Interest from Indian Express were compiled together in 2014 to make a book, “Anticipating India”. He also hosted an “interview- based ” television show “Walk the Talk ” for almost 15 years for NDTV. In that period he covered around 600 guests.

    Shekhar Gupta with Richard Verma in Walk the Talk show
    Shekhar Gupta with Richard Verma in Walk the Talk show

    Some of his major projects were :

    • Operation Bluestar
    • Olympic Games in Los Angeles
    • Student Uprising in Tiananmen Square in Beijing
    • Fall of Berlin Wall
    • First Gulf War from Baghad, Jerusalem and Kuwait
    • The first Jihad in Afghanistan

    Apart from this he also covered the troubled decade (1983-1993) in Sri Lanka’s Tamil north. Shekhar also had uncovered the LTTE training camp in India. He uncovered a spy scandal in the Indian Space Research Organisation. He dug out the truth behind the falsely implicated scientist in there. He also covered the terrorist attack in the US on September 11, 2001.

    He was a very brave man. A man full of courage. He was even able to report extensively from pan- national fundamentalism from around the world- Afghanistan, Pakistan, Germany, the USA and the UK including its links with Osama Bin Laden.

    He is also a regular guest speaker at prestigious forums. Including the Asia Society, New York, National Defense College, Defense Service Staff College and the World Economic Forum in Davos and its India Summit.

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    Shekhar Gupta as founder of The Print

    Shekhar Gupta incorporated Printline Media Pvt Ltd it in New Delhi, India, in September 2016.

    It basically focuses on politics and policy. The venture is associated with the Off the Cuff program. That is broadcast on NDTV 24×7 and promoted on The Print’s YouTube and Facebook channels.

    In May 2017, this digital news platform received an undisclosed amount of funding from:

    • N.R. Narayana Murthy and Nandan Nilekani, co-founders of Infosys
    • Ratan Tata,
    • Kiran Mazumdar Shaw, Biocon Founder
    • the Uday Kotak Family
    • Vijay Shekhar Sharma,Paytm founder  
    • Bengaluru-based tech entrepreneur Rajiv C. Mody,
    • chairman of LVMH Asia Ravi Thakran, and
    • IIFL founders Nirmal Jain, R. Venkatraman, Karan Bhagat and Yatin Shah

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    Shekhar Gupta- Books

    Name of the Book Year
    Walk the Talk: Decoding 2017
    Anticipating India 2014
    India Redeefines its Role 1995
    Assam, a valley divided 1984

    Anticipating India was published by Oxford University Press and International Institute of Strategic Studies, London.

    Shekhar Gupta- Awards and Achievements

    He won his first award in the year 1985, the Inlaks award for Young Journalist of the Year. He is the recipient of G.K Reddy Award for Journalism. Also the Fakhruddin Ali Ahmed Memorial Award for National Integration.

    He won the Padma Bhushan in 2009 by UPA government for his contribution in the Journalism field.

    He was also elected as the President of the Editor’s Guild of India in 2018.

    The Indian Express won the Vienna-based International Press Institute’s Award for Outstanding Journalism in the Public Interest thrice under his leadership.

    • the first time for its coverage of the Gujarat riots of 2002,
    • the second time for uncovering the Bihar flood relief scam in 2009 and
    • the third time for its sustained investigation into the Malegaon and Modasa blasts of 2008 and the alleged role of extremists and organisations.