BloombergQuint to refocus on digital operations & terminate its TV division
Raghav Bahl announced on Twitter that the company will be concentrating its resources in building upon the earlier success of BloombergQuint.com
Raghav Bahl, Editor in Chief at The Quint, announced on Twitter that BloombergQuint (BQ), the joint venture between Quintillion Media (founded by Bahl himself) and Bloomberg, will be refocusing on its digital operations strategies.
.@BloombergQuint to refocus its strategy towards a digital operation. Here's the statement. pic.twitter.com/FA43zIqVL1
— Raghav Bahl (@Raghav_Bahl) April 22, 2020
He also stated that BQ will be shutting down its television division as its broadcast license remains pending.
He tweeted that BQ will be concentrating all its resources in building upon the early success of its award-winning premium digital subscription service – BloombergQuint.com.
Quintillion Media was founded by Bahl and his wife Ritu Kapur six months after the former exited Network18 in July 2014. He signed a joint venture with Bloomberg LP to launch the digital product BloombergQuint and a TV channel (Y TV). After BQ faced a delay in acquiring a licence from the Ministry of Information and Broadcasting, BQ approached Horizon Satellite Services Private Limited for one.
