News Broadcasting
TCL, Thomson announce merger; will create TV-DVD behemoth
MUMBAI: French electronics major Thomson SA and TCL International Holdings Limited, the leading multimedia consumer electronic products manufacturer in China, today announced the signing of a binding memorandum of understanding (MoU) to form a joint venture company TCL-Thomson Electronics.
The merger of the two groups will create the world’s biggest television maker. According to a joint statement issued by the two companies, annual shipment is expected to reach 18 million units after merger. TCL-Thomson will have leading market presence in Asia, Europe and North America and cost-efficient industrial presence near all major consumer markets, the statement says. The joint venture is two-thirds owned by TCL and one-third by Thomson.
The marriage between TCL, with its leading position in the China market, and Thomson, a major player in North America and Europe, will achieve significant revenue and operational synergies, the statement says.
The new company will be principally engaged in the development, manufacturing and distribution of a full range of television and DVD products. It will adopt a multi-brand strategy, using differing brands to penetrate different markets.
The TCL brand will be the key brand used in the Asian and emerging markets, while the Thomson brand will be the major brand in Europe, and the RCA brand in North America. Other brands of the parents will also be promoted in response to market needs.
The new company will have an extensive sales network offering full coverage in China via 20,000 sales outlets, and in North America and Europe via major retailers
TCL is slated take over the venture within 18 months, Thomson said. That deal would involve a share swap that would make Thomson the largest shareholder of the Chinese company, which currently has a market value of $1 billion, Reuters reports.
News Broadcasting
News18 hosts Tamil Nadu town hall ahead of 2026 polls
MK Stalin headlines ‘Next Big Leap’ event from 10am on 23 February in Chennai with leaders and icons.
MUMBAI: Tamil Nadu’s political pot is simmering and News18’s town hall is stirring it up just in time for the 2026 assembly elections boilover. Set for 23 February from 10am onwards in Chennai, the News18 Network Town Hall gathers heavyweights under the banner ‘The Next Big Leap for Tamil Nadu’ to dissect the state’s political pulse, economic edge, and cultural clout. With the 234-seat assembly contest looming as a fiercely competitive showdown, the event spotlights how Tamil Nadu’s identity-driven politics and engaged voters continue to ripple across national debates.
Chief minister MK Stalin leads the charge with a keynote on the theme, sketching his government’s blueprint for governance, development, and staying power pre-polls. Deputy Chief Minister Udhayanidhi Stalin chimes in on ‘Voices, Vision & Way Forward’, unpacking generational shifts and fresh narratives. From the opposition corner, AIADMK general secretary Edappadi K Palaniswami tackles ‘Baton Change at the Ballot?’, floating alternatives to the status quo.
Economic vibes get a nudge from industries minister TRB Rajaa on ‘Investment Story Intact?’, probing the state’s draw for big bucks. BJP’s K Annamalai dives into ‘People, Trust & Political Ideology’, positioning his party in the Dravidian-dominated turf. IT Minister Palanivel ThiagaRajan explores ‘Code, Capacity & Citizenship’, on tech’s role in citizen-focused services. TVK’s KG Arunraj questions if ‘Winds of Change are Possible’ in this pattern-prone state.
A panel on innovation features IIT Madras director Prof V Kamakoti, M&M’s Velusamy R, and Electronic Industries Association’s Dr Sasikumar Gendham, musing how AI and knowledge hubs are remaking opportunities. Culture gets its due with composer Anirudh Ravichander on ‘Tamil Music for the World’.
CNN-News18, editorial affairs director Rahul Shivshankar noted, “The News18 Network Tamil Nadu Town Hall… reflects our core editorial focus, to capture the political mood of the state and spotlight the ideas that will shape the next phase of governance and growth.”
Network18, CEO of English & business news Smriti Mehra added, “As Tamil Nadu moves closer to a defining electoral moment… we see it as our responsibility to drive informed and meaningful conversations.”
Network18 managing editor for South, Vivek Narayan said, “The News18 Network Townhall in Tamil Nadu is designed as a platform where policy, politics and public interest intersect.”
Backed by associate partners Tata Motors Commercial Vehicles and Reliance Industries, the live event streams on CNN-News18, News18 Tamil, CTV, and Youtube from 10am on 23 February perfect for catching the sparks, even if you’re not knee-deep in Dravidian drama.
