Network18 has appointed Senthil Chengalvarayan as the Editor-in-Chief of its new Network18 Business Newsroom comprising its broadcast and digital news outlets in the business media space such as CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD and Moneycontrol.com.
In his new role, Chengalvarayan will work closely with Network18’s web and publishing division Editor-in-chief R. Jagannathan, CNBC Awaaz Editor-In-Chief Sanjay Pugalia and the editorial leads at CNBC-TV18. Prior to this appointment, Chengalvarayan was the President & Editorial Director for TV18 Business Media and has been with the Group for 19 years. He was also been the Managing Editor for CNBC-TV18.
There have been a few other changes in the CNBC-TV18 editorial team. Senior editors in CNBC-TV18, Menaka Doshi and Latha Venkatesh have also been promoted as Executive Editors and have been given charge for key verticals at the Network18 Business Newsroom with Doshi leading corporate reportage, law and associated areas while Venkatesh will lead Banking and Financial Markets vertical.
Other recent reshuffles by Network18: In June 2013, Network18′s content arm Web18 had appointed Durga Raghunath as CEO of Firstpost.com. Raghunath had joined the Network18 group two and a half years ago as VP, product and executive news producer for Web18, and was instrumental in the conceptualization and launch of Firstpost. These appointments and reshuffles make us wonder if we might see a similar integration between CNN IBN and Firstpost.
In April, Network18 had restructured, with Rajan Srinivasan being appointed CEO of IBNLive, and Joyson Thomas being appointed CEO of MoneyControl. R. Jagannathan, took over as Editor-in-Chief of Network18′s Web & Publishing Division in March this year.
In May 2013, the top editorial team of Network 18 owned Forbes India – Editor Indrajit Gupta, Managing Editor Charles Assisi, Executive Editor Shishir Prasad and Director of Photography Dinesh Krishnan – were asked to leave the magazine. From what we’ve heard from sources, this was largely down to issues relating to stock options given when Forbes India was founded, which vested after a four year time frame.
However, speaking with MediaNama, Network18 COO Ajay Chacko said that this move was a part of the overall restructuring that happened when R. Jagannathan took over as Editor-in-Chief of Network18′s Web & Publishing Division.
In February, 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.