Media is one of my favorite sector when comes to stock and television 18 best stock. The things have been very volatile lately in Indian media space. Companies are having difficult time to manage through it and make profits. Number one reason being high competition and more number of players in market. It takes a lot to get audience.

Number 1 source of revenue for media is advertising. After a slump ad spending is increasing and that definitely beneficial but is it sufficient enough to justify a p/e of 60 for some stocks.

1. TV 18

Television Eighteen is India's business and consumer news broadcaster with a wide variety of content provider. TV18 was incorporated in September 1993 as Television Eighteen India Private Ltd and became a public limited company in November 1994. Mr. Raghav Bahl and Mr. Sanjay R Chaudhuri promoted the company. The company came out with a public issue in December 1999. That time Television Eighteen Mauritius Limited was a 100% subsidiary in Mauritius, in a JV with Business News Private Ltd, has launched CNBC India. TV18 supplies India dedicated content to CNBC India on a cost plus basis.