Television

TV Today Network cites tepid growth, less revenue for discontinuing Delhi Aaj Tak

The channel will be discontinued from the midnight of 30 June

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MUMBAI: Recently, TV Today Network announced that the transmission of its Hindi news channel Delhi Aaj Tak (DAT) will be discontinued from the midnight of 30 June 2020. Speculations on the reasons for the closure were rife. The news network, however, has cited the tepid growth of the channel as a reason for discontinuing its operations.

In a regulatory filing, TV Today Network said that DAT contributes less than one per cent to the total revenues of the company. It informed that total income from DAT for FY 20 was Rs 370.93 lakh out of the total income Rs 89,956.52 lakh of the company. The net worth contribution by DAT was also negligible.

“Further, the business of DAT has not grown over the years, hence it is not viable to continue with the transmission and operations of DAT. Also, services of some of the people working in channel ‘Dilli Aaj Tak’ can be utilised more effectively in supporting the operations of the flagship channel of the company viz. AajTak. It is pertinent to mention that since the channel comprises of an insignificant portion of business of the company, therefore the said discontinuation shall not have any material impact on overall business of the company,” it added.

The channel was launched 12 years ago on 31 December 2007. TV Today Network also has three other channels: Aaj Tak (Hindi), India Today Television (English), Aaj Tak Tez (Hindi).

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