Network18’s TV News Business Beats Industry Trends, Registers 26% Revenue Growth in Q1
Last Updated: July 18, 2023, 22:08 ISTThe growth is despite a 5% YoY decline in news industry inventory consumption. File imageIndia’s largest TV news network registered a revenue of Rs 337 crore in the first quarter of current financial year, as compared to Rs 266 crore for the same period last fiscalNetwork18’s TV news business has registered a solid 26% revenue growth in the first quarter of the current financial year, despite continued weakness in the overall advertising environment. Beating the industry trends, India’s largest TV news network registered a revenue of Rs 337 crore in the first quarter of the current fiscal, as compared to Rs 266 crore for the same period last fiscal. The growth is despite a 5% YoY decline in news industry inventory consumption.News18 was able to drive ...