NDTV’s losses are not coming in the way of its expansion plans

The Adani group-owned network has decided to launch four new channels despite losses in the last quarter. Also, a rift appears in India’s biggest collective of media groups.

NDTV, which was acquired by the Adani group in December last year, has not enjoyed the best publicity since. Several executives and journalists at the network have resigned. And the broadcaster, uncharacteristically, aired documentaries glorifying the Narendra Modi government.

To this we can add its balance sheets, which are yet to offer some solace. The network’s overall revenue, made public in the last week of July, rose to Rs 75 crore for the quarter ended 30 June from Rs 69 crore in the previous quarter. But its losses swelled from Rs 1 crore to Rs 8 crore.

Gautam Adani’s wealth …

Author

Ayush Tiwari

Ayush reported on the travails of the media and social media platforms in India at The Morning Context. He was previously at Newslaundry, where he reported on sectarian violence and politics from Northeast India, Kashmir and North India.

Writer

ayush@mailtmc.com

Delhi