CNBC TV18 is an Indian

pay television Pay television, also known as subscription television, premium television or, when referring to an individual service, a premium channel, refers to Subscription business model, subscription-based television services, usually provided by multichan ...

business and financial news channel operated as a joint venture between

NBCUniversal NBCUniversal Media, LLC (abbreviated as NBCU and Trade name, doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American Multinational corporation, multinational mass media and Show business, entertainment conglomerate (comp ...

and

Network18 Group Network18 Media & Investments Limited, (d/b/a Network18 Group) is an Indian media conglomerate owned by the Reliance Industries, headed by Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief, a ...

History

The network has its origins in ABNi, an Indian sub-feed of the

Dow Jones Dow Jones is a combination of the names of business partners Charles Dow and Edward Jones. Dow Jones & Company Dow, Jones and Charles Bergstresser founded Dow Jones & Company in 1882. That company eventually became a subsidiary of News Corp, an ...

-led Asia Business News (ABN) owned by TV18. In 1997,

CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...

reached an agreement to merge its networks in Asia and Europe with Dow Jones under the CNBC banner. However, the agreement for ABNi did not contain any provisions on what would occur in the event of a change in ownership. After discussions with a CNBC lawyer and ABN's CEO Paul France (who led the merged

CNBC Asia CNBC Asia is a Singapore-based Business journalism, business news channel owned by the NBCUniversal Media Group, a subsidiary of Comcast. It is a pan-Asian branch of the U.S.-based CNBC. The channel initially launched on 20 June 1997 out of Ho ...

), TV18 would reach an agreement with CNBC to serve as its Indian partner. This led to the launch of CNBC India in 1999. On 26 October 2011, TV18 launched a high definition sister channel, CNBC TV18 Prime HD; it was described as a "premium investor-focused" network, carrying a widescreen format with a focus upon on-screen data. CNBC TV18 hosts the India Business Leader Awards (IBLA). CNBC Network18 Group has presented the awards each year since 2005.

References

External links

* CNBC-TV18 Mass media in Mumbai Television stations in Mumbai CNBC Awaaz CNBC global channels Network18 Group 24-hour television news channels in India Business-related television channels in India Business-related television channels Television channels and stations established in 2006 Television channels and stations established in 1999 {{India-tv-station-stub