Network 18 Media & Investments Ltd Growth Catalysts - SOIC x StockScans Report

as of Jul 2026

  1. JioStar stake revaluation - Network18 holds a 6.3% effective stake in JioStar, India's largest entertainment and sports media company formed by merging Viacom18 and Star India with pro forma combined revenue of \~₹26,000 crore. The stake, now fair-valued after Viacom18 ceased to be a subsidiary, already generated ₹587 crore of exceptional income and gives Network18 a direct claim on the cash flows of a scaled, RIL-backed platform with over 100 TV channels and 5 crore OTT subscribers.
  2. Moneycontrol fintech lending scale-up - Moneycontrol's lending business disbursed nearly 30,000 loans in FY25 through a multi-lender model with six financial institutions, and has since onboarded two more lending partners and launched secured credit cards. A 70-million monthly unique visitor base using credit scores and loan products turns India's largest digital financial platform into a transaction-fee engine beyond advertising.
  3. Moneycontrol Pro subscription base - Moneycontrol Pro crossed 10 lakh paying subscribers in Q3 FY2024-25, ranking 11th worldwide among news publishers by digital subscribers. A 10-lakh paid base at premium pricing creates a high-margin recurring revenue stream that reduces dependence on volatile advertising income.
  4. News18 India and CNN-News18 leadership monetisation - News18 India has been India's #1 Hindi news channel for two consecutive years and CNN-News18 has led English news for 160+ weeks, together generating over 3.1 billion monthly video views. Sustained ratings leadership in the two largest news genres strengthens pricing power with advertisers and gives the merged TV-digital entity a base to push bundled ad deals.
  5. Regional news portfolio expansion - Network18's regional channels hold #1 positions in Marathi, Gujarati, Bengali, Bihar/Jharkhand, and UP/Uttarakhand, and TV viewership share rose 220 bps YoY in Q2 FY2025-26 driven by regional markets. Leadership across five regional markets opens a large addressable ad pool where local advertisers are shifting spend from print to TV.
  6. News18 Marathi full consolidation and amalgamation - Network18 acquired the remaining 50% of News18 Lokmat for ₹25 crore in October 2025 and the Board approved amalgamation of the wholly-owned subsidiary effective April 1, 2026. Full ownership of the #1 Marathi news channel removes minority leakage and lets Network18 capture 100% of cash flows from a ₹43 crore turnover asset.
  7. Moneycontrol Super Pro and CNBC TV18 subscription products - Three new paid products launched in FY2025-26: Moneycontrol Super Pro, CNBC TV18 Access (premium membership), and CNBC TV18 Prime (global business news channel). Stacking premium tiers on a 10-lakh subscriber base deepens average revenue per user in the digital segment, which carries near-zero marginal distribution cost.
  8. Digital reach and social video dominance - Network18's digital network reaches 360 million monthly unique users (65% segment reach) and its YouTube channels generated over 6,500 crore video views in FY2025-26, roughly 2x the nearest competitor. A 45-crore social media follower base and 50 billion annual off-platform video views create an inventory pool that can absorb rising digital ad budgets faster than peers.
  9. BookMyShow live events recovery - Network18's 39% stake in BookMyShow delivered a record year in live events, including exclusive partnership for Coldplay's India tour, the biggest music concert globally. A post-pandemic surge in live entertainment spending flows directly to BookMyShow's ticketing and event margins, lifting the value of Network18's largest non-media associate.