Global Broadcast News (GBN), a TV-18 group company, is broadcaster of the 24-hour news channels CNN IBN and IBN 7. The company was incorporated on Jun. 6, 2005 as a private company. The company was converted into a public limited company with effect from Dec.12, 2005 and got its current name. CNN IBN, launched in December 2005, is an English news and current affairs channel. The company has a news-gathering network comprising of 20 news bureaus.
It has an agreement with CNN for exclusive, limited, non-transferable right to use and reproduce the CNN name and principal logo. Global Broadcast News also has a news service agreement with Zee Turner for production and broadcasting services. The channel for the five weeks ended Dec. 2, 2006 had an average weekly market share of 37.55%. GBN owns 49% stake in BK Fincap, which is the holding company of Jagran TV, which in turn owns IBN 7, a 24-hour Hindi language news channel. GBN also holds a 15% stake in Web 18 Holding, whose subsidiary, Web 18 Software, operates portals such as ibnlivecom, moneycontrolcom, poweryourtradecom, commoditiescontrolcom, indiaearningscom, easymfcom, cricketnextcom, yatracom, jobstreetcom, compareindiacom and tech2com. GBN and Lokmat group formed a 50:50 joint venture to launch a 24-hour Marathi language news and current affairs channel. CNN-IBN has been awarded the Best English News Channel at the Hero Honda Indian Television Academy Awards 2006. The registered office of Global Broadcast News is located at New Delhi and corporate office at Uttar Pradesh, India.
It has an agreement with CNN for exclusive, limited, non-transferable right to use and reproduce the CNN name and principal logo. Global Broadcast News also has a news service agreement with Zee Turner for production and broadcasting services. The channel for the five weeks ended Dec. 2, 2006 had an average weekly market share of 37.55%. GBN owns 49% stake in BK Fincap, which is the holding company of Jagran TV, which in turn owns IBN 7, a 24-hour Hindi language news channel. GBN also holds a 15% stake in Web 18 Holding, whose subsidiary, Web 18 Software, operates portals such as ibnlivecom, moneycontrolcom, poweryourtradecom, commoditiescontrolcom, indiaearningscom, easymfcom, cricketnextcom, yatracom, jobstreetcom, compareindiacom and tech2com. GBN and Lokmat group formed a 50:50 joint venture to launch a 24-hour Marathi language news and current affairs channel. CNN-IBN has been awarded the Best English News Channel at the Hero Honda Indian Television Academy Awards 2006. The registered office of Global Broadcast News is located at New Delhi and corporate office at Uttar Pradesh, India.
