TV18 and CNN will be concluding their 10-year licensing arrangement in January 2016 for CNN IBN, the companies have announced.
The conclusion of the arrangement will enable each company thereafter to chart its own growth trajectory independently in one of the most dynamic, complex and fast growing markets in the world.
Rani Raad, chief commercial officer, CNN International, comments, "We are very proud to have created CNN IBN in our decade-long partnership with TV18. The channel was a pioneering initiative that combined the best of CNN's global expertise with TV18's journalistic and newsgathering capabilities. We have truly valued this long-standing partnership."
"As the number one international news brand in Asia Pacific and the rest of the world, and the winner of multiple prestigious awards, CNN International, continues to lead and serve consumers in India with the best of global news content across multi-platforms," Raad adds.