Friday, January 30, 2009

Web 18 registers loss

Web 18; online venture of Network 18 has registered loss for Q3; 2008 - 09. Company posted net loss of 9.57 Cr during last year. It will be interesting to see how online business sustains during recession as giants like Web 18 doesn't seem breaking even in near future.

Must see company's press release here as it's showing various important statistics for media industry.

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