NDTV acquires GoodTimes channel in strategic expansion

NDTV's board of directors approved the acquisition of the "GoodTimes" Channel business undertaking from Lifestyle & Media Broadcasting Limited (LMBL) through a slump sale on September 19, 2025. This strategic acquisition is set to strengthen NDTV's market position, diversify its capabilities, and enhance long-term stakeholder value.

The transaction involves a lumpsum consideration of up to Rs. 18 crore on a cash-free, debt-free basis. NDTV and LMBL, a joint venture of NDTV and a related party, have executed a binding Term Sheet, with the acquisition expected to be finalized within approximately three months, pending regulatory approvals from the Ministry of Information and Broadcasting.

The "GoodTimes" Channel focuses on lifestyle broadcasting and related media content. The acquisition is an arm's length transaction, supported by a valuation report from a registered valuer. The transaction is subject to various customary conditions precedent, including corporate and regulatory approvals.