Global Broadcast News

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Global Broadcast News (GBN) is an India media corporation under the Network 18 umbrella. The major shareholders apart from the Indian public and foreign & domestic institutions are parent company Network 18, sister company TV18 and a group of professionals including Editor-In-chief Rajdeep Sardesai and Joint Managing Directors Sameer Manchanda & Haresh Chawla. Sardesai and Manchanda left NDTV to start the company in collaboration with TV18 of which Chawla is CEO.

[edit] Market Listing

Global Broadcast News listed on the Bombay Stock Exchange and the National Stock Exchange of India on the 8th of February 2007 at a significant premium to its issue price.

[edit] IBN (India Broadcast News)

IBN is the brand name for Global Broadcast News' 24-hour television news stations distributed via cable and DTH. Current IBN offerings include:

1. CNN-IBN (English) - A joint venture of Turner Broadcasting and Global Broadcast News which runs the Indian edition of CNN.

2. IBN-7 (Hindi) - formerly Channel 7 was acquired from Jagran TV, owned by the Dainik Jagran group of companies, in 2006 and rebranded IBN-7.

3. The company will lauch its first regional channel, IBN-Lokmat, a Marathi news channel, headed by Nikhil Wagle, on January 1, 2008. The channel is a 50:50 venture between GBN and Lokmat group.

[edit] JV with Viacom

On 21st May, 2007, American media giant Viacom entered into a 50-50 joint venture with Global Broadcast News to form Viacom-18 which would house Viacom's existing channels in India - MTV, VH1 and Nick as well as Network 18's movie business. All future Viacom content for India and new ventures such as a Hindi entertainment channel and a Hindi movie channel would be housed in this JV.