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HT Media

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HT Media Ltd
Company typePublic
BSE:532662,NSE:HTMEDIA
IndustryMass media
Founded2002;22 years ago(2002)[1]
HeadquartersDelhi,India
Key people
Shobhana Bhartia
(Chairperson)
Products
RevenueDecrease2,330 crore(US$280 million) (2020)[2]
Decrease−67 crore(US$−8.0 million) (2020)[2]
Decrease−214 crore(US$−26 million) (2020)[2]
Number of employees
1,891 (2020)[2]
Websitewww.htmedia.inEdit this at Wikidata

HT Mediais an Indianmass mediacompany based inDelhi,India. It has holdings in print, electronic and digital media.

HT Media's flagship newspaper is theHindustan Times,the second most widely read English newspaper in India afterThe Times of India.It also publishesMint,an Indian financial daily newspaper. Other publications include the Hindi-language dailyHindustan,the Hindi-language literary magazineKadambini,and Hindi-language children's magazineNandan.It operates 19 printing facilities across India with an installed capacity of 1.5 million copies per hour.

HT's online business, is largely handled by Firefly e-ventures internet business, include the flagship web portal Hindustantimes.com, Livemint.com, Desimartini.com, HTCampus.com[3]and Shine.com.

Although a public company listed on both theBSEandNSE,HT Media Ltd.is majority owned and controlled[4]by theKK Birla family,withShobhana Bhartia,daughter of K. K. Birla, its chairperson.

History[edit]

Hindustan Timeswas founded in 1924, and formally established as a limited liability company in 1927.[5]In 1936, the Hindi dailyHindustanwas launched.[6]

It also publishes two magazines in Hindi,Kadambini,a literary magazine established in 1960, andNandan,a children's magazine, started in 1964.[7]

In 2002, the company incorporated all of its media businesses under HT Media Ltd.[1]In 2004, HT Media Ltd was listed as a public company and attracted external funding.[8]In 2006,Fever 104 FMwas launched, in technical collaboration with the Virgin Group.Hindustanwas relaunched re-establishing the company's prominent presence in the regional news space. In 2007,Mint,the business paper in partnership with theWall Street Journal,was launched inDelhiandMumbai.In the internet space, Hindustantimes.com was relaunched and Livemint.com was introduced. To further expand its digital presence, HTCampus.com was launched in June 2010 to provide information on colleges, courses, exams and careers for higher education in India.[3][9]

HT Media acquiredRadio One (India)in 2019,[10]andVCCirclefromNews Corpin 2020.[11]

Digital businesses[edit]

  • HT Mobile - which in turn acquireddigital marketingagency Webitude[12]
  • Firefly e-Ventures - which moved to the parent company and launched its job portal, Shine.com[12][13]
  • OTTplay - content discovery platform offering curated shows and movies on streaming platforms[14]
  • Shine.com[15]- an online job portal of HT Media which is operational in India; the second largest job portal website in India
  • Shine Learning - an online learning portal of HT Media which provides online courses, certification exams, and practice tests related to various fields likeonline marketing,banking, finance, and web development
  • Hindustan Times Telugu[16]- a Telugu news website of HT Media. This website provides news updates and analytical articles on politics, sports, entertainment, business, automobiles, technology, and many other topics. It is one of the fastest-growing news websites in Andhra Pradesh and Telangana.

References[edit]

  1. ^ab"HT MEDIA LIMITED".Zauba Corp.Archivedfrom the original on 20 September 2022.Retrieved19 September2022.
  2. ^abcd"HT Media Limited Financial Statements".HT Media.Archivedfrom the original on 16 October 2014.Retrieved16 October2014.
  3. ^ab"HTCampus.com".htmedia.in.Archivedfrom the original on 2 February 2017.Retrieved20 January2017.
  4. ^"Statement Showing Holding of Securities and Share Holding Pattern"(PDF).Archived(PDF)from the original on 12 August 2021.Retrieved12 August2021.
  5. ^"THE HINDUSTAN TIMES LTD".Zauba Corp.Archivedfrom the original on 20 September 2022.Retrieved19 September2022.
  6. ^"History".Archived fromthe originalon 6 August 2013.Retrieved24 July2013.
  7. ^"Go for Hindustan Media Ventures only in secondary market".Economic Times. 5 July 2010.Archivedfrom the original on 8 January 2014.Retrieved8 January2014.
  8. ^"HT Media LTD. Company Profile – India | Financials & Key Executives | EMIS".Archivedfrom the original on 29 October 2013.Retrieved24 July2013.
  9. ^Pahwa, Nikhil (21 June 2010)."HT Media Launches Education Portal HTCampus.com".MediaNama.Archivedfrom the original on 2 February 2017.Retrieved20 January2017.
  10. ^Bhula, Pooja (19 July 2022)."Who Owns Your Media: Hindustan Times's journey from broadsheet to media conglomerate".Newslaundry.Archivedfrom the original on 20 September 2022.Retrieved19 September2022.
  11. ^Joseph, Anto T. (16 January 2021)."As HT Media lays off staff again, it may struggle to keep VCCircle afloat".Newslaundry.Archivedfrom the original on 20 September 2022.Retrieved19 September2022.
  12. ^abSonam Gulati (22 July 2013)"HT Media's digital business revenues up 41% in Q1 at Rs 17.5Cr, segment loss at Rs 17.04Cr"Archived25 July 2013 at theWayback Machine,Techcircle.in. Retrieved 28 October 2013.
  13. ^"HT Media Acquires Desimartini.com".Startup Avenues. 21 November 2007.Archivedfrom the original on 10 August 2014.Retrieved5 August2014.
  14. ^Jha, Lata (24 May 2021)."HT Labs launches content discovery app".mint.Archivedfrom the original on 19 May 2022.Retrieved19 May2022.
  15. ^Shine.com
  16. ^"Hindustan Times Telugu (telugu.hindustantimes.com)".Hindustan Times Telugu.Archivedfrom the original on 30 November 2022.Retrieved6 April2023.

External links[edit]