Network18 Group has announced the setting up of ‘Network18 Business Newsroom’, an integrated newsroom comprising its market leading broadcast and digital news outlets in the business media space, under the leadership of Senthil Chengalvarayan.
The business news network, comprising broadcast services CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD and Moneycontrol.com, will now function as part of this larger editorial set-up. This follows the appointment of Shereen Bhan as the Managing Editor for CNBC-TV18. The Newsroom will act as a common hub to ensure seamless broadcast and digital synergies from both a newsgathering and output perspective across these brands.
In this new capacity, Chengalvarayan will work closely with R Jagannathan, Editor-In-Chief of Network18’s web and publishing stable, which includes Moneycontrol.com; Sanjay Pugalia, Editor-In-Chief, CNBC Awaaz; and the editorial leads at CNBC-TV18.
Chengalvarayan, who is currently the President & Editorial Director for TV18 Business Media, has been with the Group for 19 years and was earlier the Managing Editor for CNBC-TV18.
In a concurrent development, the editorial leadership team at CNBC-TV18 has been strengthened further with senior editors Menaka Doshi and Latha Venkatesh being elevated as Executive Editors and also given charge for key verticals at the Network18 Business Newsroom. At the Newsroom, Doshi has been assigned the mandate to lead corporate reportage, law and associated areas, and Venkatesh will take charge of the Banking and Financial Markets vertical.
Speaking on this development, Raghav Bahl, Founder & Editor, Network18 said “As the country’s leading broadcast and digital player in business news, we are well-positioned to re-define the category in the context of a converging media landscape. The Network18 Business Newsroom is designed to capitalise on the deep engagement and trust our iconic brands enjoy. We are confident that the editorial leadership team under Senthil’s guidance will be able to craft a new paradigm in business media.”
Commenting on this, B Sai Kumar, Group CEO, Network18 said, “CNBC-TV18, CNBC Awaaz and Moneycontrol have set the benchmark when it comes to innovation and influence in business media. As they propel ahead in their growth journey, it is imperative that we fuse their editorial strengths in a manner that enhances our offering further and the Network18 Business Newsroom fulfills this objective. In Senthil, Menaka and Latha, we have the most trusted voices in business journalism today and we believe that they will bring their deep expertise and insights to bear at the Newsroom.”
Chengalvarayan added here, “We pioneered business news on television and the web in India and the Newsroom is a natural extension of our successful journey. I believe that it will achieve two critical objectives for us. It’ll ensure that each of our brands access the best editorial expertise across the Group, while they continue to fulfill their distinct editorial propositions. And they’ll do so through a structure that capitalises on the new realities in the media landscape.”