During Reliance Industries’ 47th Annual General Meeting (AGM), chairman Mukesh Ambani highlighted the exceptional progress and strategic growth of Network18’s news business. In his address, Ambani said, “Our news business is scaling new heights. This is due to our focus on high quality journalism. We are a leader in both general and business news. We are the only network in India with global ambitions. News18 was India’s top TV network for election news. On June 4, the day of counting, its reach was nearly 50% higher than the IPL final. “CNBC-TV18 had an 82% viewer share on Budget Day. This is in line with its weekly performance. CNN-News18 often outperforms all other channels put together. It has been number one for the last two years,” he said. Elaborating on Network18’s digital platforms, Ambani said, “Moneycontrol is transforming into an advanced fintech provider that delivers data and analytics to users in India and beyond. Its speed and accuracy are unmatched. It has 70 million unique visitors. Our premium service, MC Pro, is now available with over 8,50,000 paying subscribers. This makes it a top-10 subscription site globally and the largest in India.
“Firstpost is becoming a global news powerhouse. Its subscribers have more than doubled in the last 12 months. In July, Firstpost recorded 127 million video views. It ranks sixth among its peers globally. Firstpost is recruiting top talent from India to become a global news station.”
Ambani further added,
“I believe it is time that India, the world’s most populous country, raises its voice and takes its rightful place in the influential global media.”
Moneycontrol, India’s leading platform for money, markets, and business news, continues to dominate the market. Expanding its footprint in the fintech space, Moneycontrol now offers a range of personal finance products, including personal loans and fixed deposits. Moneycontrol’s 70 million+ daily users can now avail personal loans, start fixed deposits, track their mutual fund and stocks portfolios, manage all bank accounts, check credit scores, and much more. Along with these new services, Moneycontrol Pro is also available. Which has over 8.5 lakh paying subscribers, solidifying Moneycontrol’s position as the premier station for all financial needs. Network18’s Firstpost has become India’s fastest growing online video news platform, gaining over 5 million subscribers in less than 18 months. Its YouTube channel recorded 110 million+ video views, surpassing BBC News, Al Jazeera English, Sky News, DW and other leading global news platforms. (YouTube viewership data by Vidlq, March 2024) News channel, CNBC-TV18 maintained leadership in the business news category with 92.5% market share. CNN-News18, part of Network18’s News18 network, has retained its position as the number one English news channel for two consecutive years. Its Hindi news channel, News18 India, has also remained dominant in the Hindi news segment for more than two years. News18 emerged as the preferred network by consumers across the country during the India General Elections 2024, as reflected by the fact that the network’s reach on the counting day was almost 50% higher than that of the IPL finale.
News18 Network operates a group of 16 news channels in Hindi, English and regional languages.