[1][2] The channel is owned by Mohsin Naqvi who is the founder of City News Group.

[1] The channel introduced a new format focusing on in-depth analysis and talk shows rather than continuous news bulletins.

[1] Naqvi recruited a team of senior journalists and news anchors to implement this approach.

[1] The introduction of the new format coincided with a decline in the news media industry in Pakistan and accordingly faced challenges in attracting advertisers and received low ratings.

"[3] Pemra stated that the channel, originally licensed as Value TV to Central Media Network, had unlawfully rebranded itself as 24 News.