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Haresh Chawla : ウィキペディア英語版
Network 18

Network18 Media & Investments Limited (, ) is an Indian mass media company which is owned and operated by Reliance Industries. Headquartered in Noida, India. It has interests in television, print, internet, film, mobile content and allied businesses. Network 18 FinCap is the holding company for several media entities in India such as Television Eighteen India Ltd (TV18), HomeShop18, CNN-IBN, First Post, IBN 18 Broadcast Ltd, Web 18, Studio 18, Shop 18, Infomedia 18, and Viacom 18.
==History==
The company was incorporated as a private limited company on 16 February 1996. In 2006, it was converted to a public limited company. The name of the company was changed from SGA Finance & Management Services Private Limited to Network 18 Fincap Private Limited with effect from 12 April 2006. Network 18 got listed on the Bombay Stock Exchange and the National Stock Exchange on 2 February 2007. The shares of the company of face value of Rs 5 each opened at Rs 312.10 at the NSE and at Rs 300 at the BSE. Since the company was created as part of the re-structuring of TV18 to comply with foreign ownership laws for news channels in India, it did not have to list through a public issue.〔(【引用サイトリンク】url=http://www.moneycontrol.com/company-facts/network18mediainvestments/history/NMI )
The Network 18 Group announced a restructuring plan to create a two listed entity structure for the group in July 2010. The restructuring became effective on 10 June 2011 with the approval of the Delhi High Court and the group successfully completed the re-alignment of its business operation into 2 sections – Network 18 and TV18. Network18 undertakes the digital and publishing side of the business, TV18 will undertake the television assets of the group.〔(【引用サイトリンク】url=http://www.rapidtvnews.com/index.php/2011061512860/corporate-restructure-complete-for-indias-network18.html )
Raghav Bahl founded and served as managing director till July 2014.〔http://www.network18online.com/people.html〕 In Jan 2012, there was a large investment by Mukesh Ambani's Reliance Industries Limited in a complex deal that offered a possibility that Ambani-held Indian Media Trust might eventually gain a controlling interest.〔
Quote:
the instrumentality ... is an optionally
convertible debenture which has every possibility of turning into
equity. Analysts say that going forward, Ambani will turn into a majority
stake-holder of Network 18 and TV18 through this mechanism.
On 29 May 2014, Mukesh Ambani owned Reliance industries, purchased the company for a reported Rs. 40 billion
〕 In July 2014, the ownership was transferred to Indian Media Trust.
On 29 May 2014, Reliance Industries Ltd (RIL) announced it would be acquiring control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd. The board of RIL approved funding of up to Rs. 40 billion to Independent Media Trust (IMT), of which RIL is the sole beneficiary, for acquisition of control in Network 18 and its subsidiaries. On 8 July 2014, RIL stated that it has completed the Network 18 take over.
Following the acquisition, the entire founding team - editorial and managerial- resigned from the group. Rajdeep Saradesai, editor-in-chief of CNN IBN, wrote in a letter to the employees before his resignation, "Editorial independence and integrity have been articles of faith in 26 years in journalism and maybe I am too old now to change!".〔(【引用サイトリンク】title=Rajdeep Sardesai's farewell letter to his staff )〕〔(【引用サイトリンク】title=Full text: Rajdeep Sardesai's farewell letter to IBN network )
Certain reports claim that the acquisition by Reliance can pose a serious threat to the independence of media in India.〔(【引用サイトリンク】title=Big ED In The Chair - Anuradha Raman - Jul 14,2014 )Umesh Upadhyay, President News at Network18, strongly denied such suggestions stating "What happens in a newsroom is a sacrosanct editorial function".〔(【引用サイトリンク】title=Indian media fret as conglomerate buys up major news channel )

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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