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HT Media

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HT Media Limited
Company typePublic
BSE: 532662, NSE: HTMEDIA
IndustryMass media
Founded2002; 22 years ago (2002)[1]
HeadquartersDelhi, India
Key people
Shobhana Bhartia
(Chairperson)
Products
RevenueDecrease ₹2,330 crore (US$270 million) (2020)[2]
Decrease ₹−67 crore (US$−7.8 million) (2020)[2]
Decrease ₹−214 crore (US$−25 million) (2020)[2]
Number of employees
1,891 (2020)[2]
Websitewww.htmedia.in Edit this at Wikidata

HT Media is an Indian mass media company based in Delhi. It has holdings in print, electronic and digital media. HT Media's flagship newspaper is the Hindustan Times, the second most widely read English newspaper in India after The Times of India. It also publishes Mint, an Indian financial daily newspaper. Other publications include the Hindi-language daily Hindustan, the Hindi-language literary magazine Kadambini, and Hindi-language children's magazine Nandan. 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 the BSE and NSE, HT Media Ltd. is majority owned and controlled[4] by the KK Birla family, with Shobhana Bhartia, daughter of K. K. Birla, its chairperson.

History

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

It also publishes two magazines in Hindi, Kadambini, a literary magazine established in 1960, and Nandan, 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 FM was launched, in technical collaboration with the Virgin Group. Hindustan was relaunched re-establishing the company's prominent presence in the regional news space. In 2007, Mint, the business paper in partnership with the Wall Street Journal, was launched in Delhi and Mumbai. 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 acquired Radio One (India) in 2019,[10] and VCCircle from News Corp in 2020.[11]

Digital businesses

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  • HT Mobile - which in turn acquired digital marketing agency Webitude[12]
  • Firefly e-Ventures - which moved to the parent company and launched its job portal, Shine.com[12]
  • Desimartini - film news website, acquired by HT Media in 2007[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 like online 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

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  1. ^ a b "HT MEDIA LIMITED". Zauba Corp. Archived from the original on 20 September 2022. Retrieved 19 September 2022.
  2. ^ a b c d "HT Media Limited Financial Statements". HT Media. Archived from the original on 16 October 2014. Retrieved 16 October 2014.
  3. ^ a b "HTCampus.com". htmedia.in. Archived from the original on 2 February 2017. Retrieved 20 January 2017.
  4. ^ "Statement Showing Holding of Securities and Share Holding Pattern" (PDF). Archived (PDF) from the original on 12 August 2021. Retrieved 12 August 2021.
  5. ^ "THE HINDUSTAN TIMES LTD". Zauba Corp. Archived from the original on 20 September 2022. Retrieved 19 September 2022.
  6. ^ "History". Archived from the original on 6 August 2013. Retrieved 24 July 2013.
  7. ^ "Go for Hindustan Media Ventures only in secondary market". Economic Times. 5 July 2010. Archived from the original on 8 January 2014. Retrieved 8 January 2014.
  8. ^ "HT Media LTD. Company Profile – India | Financials & Key Executives | EMIS". Archived from the original on 29 October 2013. Retrieved 24 July 2013.
  9. ^ Pahwa, Nikhil (21 June 2010). "HT Media Launches Education Portal HTCampus.com". MediaNama. Archived from the original on 2 February 2017. Retrieved 20 January 2017.
  10. ^ Bhula, Pooja (19 July 2022). "Who Owns Your Media: Hindustan Times's journey from broadsheet to media conglomerate". Newslaundry. Archived from the original on 20 September 2022. Retrieved 19 September 2022.
  11. ^ Joseph, Anto T. (16 January 2021). "As HT Media lays off staff again, it may struggle to keep VCCircle afloat". Newslaundry. Archived from the original on 20 September 2022. Retrieved 19 September 2022.
  12. ^ a b Sonam Gulati (22 July 2013) "HT Media's digital business revenues up 41% in Q1 at Rs 17.5Cr, segment loss at Rs 17.04Cr" Archived 25 July 2013 at the Wayback Machine, Techcircle.in. Retrieved 28 October 2013.
  13. ^ "HT Media Acquires Desimartini.com". Startup Avenues. 21 November 2007. Archived from the original on 10 August 2014. Retrieved 5 August 2014.
  14. ^ Jha, Lata (24 May 2021). "HT Labs launches content discovery app". mint. Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  15. ^ "Shine.com : One Stop Destination To Find Your Dream Job on the Go". Shine.
  16. ^ "Hindustan Times Telugu (telugu.hindustantimes.com)". Hindustan Times Telugu. Archived from the original on 30 November 2022. Retrieved 6 April 2023.
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