What legacy does Raghav Bahl leave behind?

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Thakur

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For some, he is a visionary who grew his
one-channel firm into a media giant by the
sheer dint of his courage; for others, he is a
compulsive risk-taker.
Of the 131 entities Raghav Bahl follows on
Twitter, 20 are politicians and political parties.
The rest are a mix of journalists, policymakers,
newspapers and Network18 news channels. He
follows only one media CEO: Punit Goenka of
Zee. This is the first indicator of what Bahl,
52, is likely to do now that he slips into the
role of a non-executive director at Network18,
the company he founded 21 years ago. The
other indicator is his Facebook page about the
Think India Foundation, launched by
Network18 last year. It advocates, through TV
shows, public events, et cetera policies for
India that are "economically conservative and
socially liberal". "If he was not an
entrepreneur, he would have done something
in public policy," says Vivian Fernandes, a
former colleague from Network18 and now the
foundation's principal editorial advisor.
Can Think India Foundation, or any other
initiative Bahl chooses now, work without the
clout of the Rs 2,692-crore Network18, home
to CNBC-TV18, CNN-IBN, Colors,
moneycontrol.com and other brands? The
foundation got off to a great start, roping in
everyone from Narendra Modi to Sheila Dikshit
as speakers, arguably because till May 29 this
year, Bahl was in control of a media empire
that reached millions of people across
mediums: TV, online and print. On that day,
Mukesh Ambani's Reliance Industries took
management control of the company. Actually,
Reliance has had financial control since early
2012 when it financed the merger of the debt-
ridden Network18 with ETV through the
Independent Media Trust. http://www.afaqs.com/media/story/41315_What-legacy-does-Raghav-Bahl-leave-behind
 
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