NDTV is going through crucial time and effects of recession has started showing up. Company is cutting down its expenses and re looking at few ventures. NDTV registered net loss of 174.8 Million during third quarter. While company's revenue showed 10.7 % growth, expenses were on higher side which resulted in overall loss; reports Medianama.
Here is the snapshot of what these figures looks like:
It is rumored that company will either downsize its delhi based channel MetroNaton or shut it down. NDTV was in talk with HT and BCCL for strategic partnership about this however, both of them have denied this offer.
It would be interesting to see how NDTV takes this matter forward. Mounting pressures, declining revenues and increasing competition in Indian News business would surely result in something good. If media houses manage to provide valuable news content and can sell it across various media vehicles, it would be great for E&M industry.
Here is the snapshot of what these figures looks like:
It is rumored that company will either downsize its delhi based channel MetroNaton or shut it down. NDTV was in talk with HT and BCCL for strategic partnership about this however, both of them have denied this offer.It would be interesting to see how NDTV takes this matter forward. Mounting pressures, declining revenues and increasing competition in Indian News business would surely result in something good. If media houses manage to provide valuable news content and can sell it across various media vehicles, it would be great for E&M industry.
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