HT Media

HT Media is an Indian mass media company based in Delhi, India. It has holdings in print, electronic and digital media.

HT Media Ltd
TypePublic
BSE: 532662, NSE: HTMEDIA
IndustryMass media
Founded2002 (2002)[1]
HeadquartersDelhi, India
Key people
Shobhana Bhartia
(Chairperson)
Products
RevenueDecrease ₹2,330 crore (US$290 million) (2020)[2]
Decrease ₹−67 crore (US$−8.4 million) (2020)[2]
Decrease ₹−214 crore (US$−27 million) (2020)[2]
Number of employees
1,891 (2020)[2]
Websitehtmedia.in

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

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
  • 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][13]
  • OTTplay - Content discovery platform offering curated shows and movies on streaming platforms[14]
  • Shine.com - This is an online job portal of HT Media which is operational in India. And, it is also the second largest job portal website in India.
  • Shine Learning - It is an online learning portal of HT Media which provides online courses, certification exams, and practice test related to various fields like online marketing, banking, finance, and web development.
  • Hindustan Times Telugu[15] - It is 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. Hindustan Times Telugu (telugu.hindustantimes.com) is one of the fastest-growing news website in Andhra Pradesh and Telangana.

References
  1. "HT MEDIA LIMITED". Zauba Corp.
  2. "HT Media Limited Financial Statements". HT Media.
  3. "HTCampus.com". www.htmedia.in. Retrieved 20 January 2017.
  4. "Statement Showing Holding of Securities and Share Holding Pattern" (PDF). Retrieved 12 August 2021.
  5. "THE HINDUSTAN TIMES LTD". Zauba Corp.
  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. Retrieved 8 January 2014.
  8. "HT Media LTD. Company Profile - India | Financials & Key Executives | EMIS".
  9. Pahwa, Nikhil (21 June 2010). "HT Media Launches Education Portal HTCampus.com". MediaNama. Retrieved 20 January 2017.
  10. Bhula, Pooja (19 July 2022). "Who Owns Your Media: Hindustan Times's journey from broadsheet to media conglomerate". Newslaundry.
  11. Joseph, Anto T. (16 January 2021). "As HT Media lays off staff again, it may struggle to keep VCCircle afloat". Newslaundry.
  12. 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", Techcircle.in. Retrieved 28 October 2013.
  13. "HT Media Acquires Desimartini.com". Startup Avenues. 21 November 2007. Retrieved 5 August 2014.
  14. Jha, Lata (24 May 2021). "HT Labs launches content discovery app". mint.
  15. "Hindustan Times Telugu (telugu.hindustantimes.com)". Hindustan Times Telugu.
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