Campaign India Team
Jul 17, 2012

ITV acquires NewsX, expands portfolio

NewsX complements ITV’s portfolio, which includes Hindi news channel India News and six regional news channels in the north and central regions

ITV acquires NewsX, expands portfolio


ITV Group has announced that it has, with its ‘associates’, acquired control of INX News Pvt. Ltd., which owns and operates the English news channel NewsX. This expands the portfolio of ITV, which runs Hindi news channel India News, besides six regional news channels in the north and central regions of India.
In a statement, Kartikeya Sharma, managing director, ITV, said, “This is a logical market expansion for us and enables us to enter the English news domain while strengthening our presence in the broadcast and digital media space. NewsX has emerged as a quality news provider with great growth potential and making it part of our group’s network of seven regional news channels will bolster news gathering abilities and create multiple synergies all around.”
In 2009, Vinay Chhajlani and Jehangir S Pocha took over NewsX, which was founded as part of INX Media promoted by former STAR ceo Peter Mukerjea.
Chhajlani and Pocha said being part of the ITV Group will help NewsX
‘transcend the limitations of being a stand-alone channel’, and ‘give
thrust to the channel’s editorial and commercial development’.
Campaign India

Related Articles

Just Published

3 hours ago

BrandZ report 2021: Amazon retains top position

Apple, Google, Microsoft and Tencent also among top five most valuable brands

4 hours ago

Rin washes off the patriarchy with C.A. Bhavani Devi

Watch the film conceptualised by Ogilvy here

4 hours ago

Cannes Lions 2021: FCB Interface bags Gold in ...

Agency also wins two Silver and Bronze Lions; Lowe Lintas and VMLY&R Commerce also among winners

6 hours ago

The 'Tough Turban': Protective headwear for Sikh ...

A turban that looks and feels like fabric but provides some level of impact protection is not only a cool design case study but also a great example of making something for a community—rather than just marketing to it