Updated below IndiaCast, the content asset monetization joint venture between TV18 and Viacom18, has formed a joint venture with UGBL, a DisneyUTV group company for aggregation and wholesale distribution business of TV channels in India, according to a BSE filing. The joint venture will distribute 35 TV channels from the TV18, Viacom18, Disney UTV, Eenadu Group and A+E Networks|TV18 to Cable, DTH and HITS platforms in India. Anuj Gandhi, CEO - IndiaCast , will manage the joint venture. In June 2012, TV18 and Viacom18 had formed a 50:50 JV, Indiacast, to distribute 26 channels. The new JV is a step-down joint venture and is a 74:26 JV between IndiaCast and Disney UTV. Since TV18 also holds 50% stake in Viacom18, its effective economic interest in IndiaCast is 75% and about 56% in the new venture. UGBL will hold about 26%, while Viacom18 will hold 18% in the new venture. Channels included in new venture: A total of 35 channels are included: TV18 Group – CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-IBN, IBN7 and IBN-Lokmat. Viacom18 – Colors, Colors HD,MTV, SONIC, Comedy Central, VH1, Nick. Nick Jr. and Nick Teen - and Viacom18 Motion A+E Networks | TV18 – History TV18 Eenadu Group – ETV Bangla, ETV Marathi, ETV Kannada, ETV Gujarati, ETV Oriya, ETV UP, ETV Bihar, ETV Urdu, ETV Rajasthan and ETV MP, ETV and ETV2 UGBL - Bindass, UTV World Movies, and UTV Action Telugu, UTV Stars, and UTV Action. (Update) DisneyUTV - Disney Channel, Disney XD, Disney Junior, Hungama, Bindass, UTV Stars, UTV Movies, UTV Action and UTV World Movies. Other developments Previously,…
- Net neutrality rules set to be reintroduced in the US September 28, 2023
- Fact Check Amendment Makes Platforms Judge Whether to Take Content Down: Lawyers Argue Before Bombay HC September 28, 2023
- Epic Games appeals Apple App Store verdict at US Supreme Court September 28, 2023
- Writers Guild of America succeeds at limiting the use of AI in film and TV writing September 28, 2023
- Special Newsletter: MarketsNama – September Edition September 28, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...