The report states that under this new role, Jagannathan will be responsible for leading the editorial strategy and content synergies across various Network18’s news and special interest brands.
This includes Moneycontrol.com, FirstPost.com, Forbes India and Network18 Publishing business which publishes business directories, consumer magazines and trade magazines like Overdrive, Chip, T3, Better Interiors, Entrepreneur, AV Max, Search, Auto Monitor, and Modern Logistics among others. The company claimed that these brands cumulatively register around 15 million monthly unique visitors every month.
Jagannathan had joined Web18 in November 2010 as Editor (Business and Financial Brands) and was responsible for looking after Web18′s online content publications – MoneyControl.com, and Poweryourtrade.com. He was also responsible for leading new content initiatives from the Web18 group, which includes the online news portal FirstPost.com which was launched in May 2011.
He has a total 36 years of experience and has served as Editor or Executive Editor of DNA, Business World, Business Today, The Financial Express, Business Standard and Indian Management having launched or re-launched some of these publications.
Previous Web18 Developments
Earlier this month, FirstPost had launched YouSpeak, a platform which allows users to share their views through video. Last month, Web18 had also amalgamated its cricket property CricketNext into its channel specific website IBNLive.com.
Network18 had also sold Yellowpages.co.in and AskMe to the Delhi based classifieds business, Getit Infoservices for an undisclosed amount. The company had mentioned that this divestment was in line with its strategy of monetizing non-core assets profitably to focus on its core television and digital business.