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Network 18 Media & Investments Ltd.

BSE: 532798 Sector: Others
NSE: NETWORK18 ISIN Code: INE870H01013
BSE 00:00 | 16 Apr 36.60 1.40
(3.98%)
OPEN

35.45

HIGH

36.95

LOW

35.25

NSE 00:00 | 16 Apr 36.65 1.55
(4.42%)
OPEN

35.40

HIGH

36.95

LOW

35.15

OPEN 35.45
PREVIOUS CLOSE 35.20
VOLUME 60832
52-Week high 50.05
52-Week low 18.35
P/E
Mkt Cap.(Rs cr) 3,832
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 35.45
CLOSE 35.20
VOLUME 60832
52-Week high 50.05
52-Week low 18.35
P/E
Mkt Cap.(Rs cr) 3,832
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Network 18 Media & Investments Ltd. (NETWORK18) - Chairman Speech

Company chairman speech

Dear Shareholders

In a continually changing media landscape made even more difficult by the COVID-19pandemic and the subsequent lockdown Network18 has continued to focus on improvingperformance whilst delivering world-class news and entertainment. Our focus on settingindustry-defining standards in fair journalism and engaging storytelling translated intomore consumer-enriching experiences amid increased media consumption during this period.

The strength of our brands and class-leading content creation capabilities continued toenhance consumer engagement across our TV channel bouquet which includes our umbrellabrands News18 and Colors along with our Digital properties - Moneycontrol Voot andNews18.com.

Our 72 channel-strong TV broadcast network straddling News and Entertainment isreaching out to Indians across every linguistic group with custom-built content andinnovative packaging designed to deliver to their unique expectations and aspirations.With timely coverage and relevant social awareness campaigns our News network has been anindispensable source of information and insight during the ongoing pandemic. At the sametime our portfolio of entertainment channels is keeping India entertained with engagingprogramming backed by unmatched quality. Television viewers across the country spend onan average half an hour each day on our broad and exciting palette of brands endorsingour deep-rooted consumer connect.

Within India Network18 has emerged as the largest TV News network and the No. 2 playerin the Digital space while our subsidiary Viacom18 (a JV with Viacom Inc) is the No. 3pan-India entertainment broadcaster. Our Digital properties have propelled us as a leadingmedia player globally where we stand tall today as one of the top 10 Digital News/Information players. Our Moneycontrol Pro subscription app launched a little over a yearago is the fastest growing financial news analysis and research app in India. OTTplatform Voot evolved to a freemium model with the ongoing ramp-up of recently launchedpay product Voot Select.

With our clutter-breaking cinema studio giving us multiple national award winningfilms and a genre-defining ticketing and live entertainment platform BookMyShow we havescaled new milestones in our growth trajectory in recent years. At the same time ourgrowing popularity across genres segments and languages makes us the partner of choicefor global brands such as CNBC CNN MTV Nickelodeon History Forbes A+E Network amongothers.

Network18 Group is at the cusp of emerging as the largest listed Media and Distributioncompany in the country. As part of the consolidation currently underway in the RelianceGroup's Media and Distribution businesses cable companies DEN and Hathway are set to bemerged with Network18 and TV18 subject to regulatory approvals. We are gettingfuture-ready to embrace the next phase of growth encompassing greater depth of reach andbreadth of content backed by strengthened financials.

A strong focus on vernacular content curation and expansion of our digital outreach tothe widest possible audience shall remain integral to our forward-looking approach backedby our proactive efforts to realise our strategic goal of enabling continuous financialimprovement and operational excellence.

Central to this growth proposition however is the commitment we live by – toserve Indians across languages geographies and social strata with best-in-classimpactful and game-changing offerings. We are confident that with the sustained trust andguidance of our shareholders we shall continue to deliver on our commitment throughexperiences that India today aspires and strives for. Never more than now we remainpoised to leverage the rising Media and Entertainment opportunity in the country to drivean impactful transformation in the News and Entertainment landscape.

Regards

Adil Zainulbhai

Chairman

.