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Reliance Industries Ltd to acquire control of Network 18 for Rs. 4,000cr

In one of the biggest deals in the media industry, Mukesh Ambani-controlled Reliance Industries Ltd (RIL) on Thursday said it will acquire control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd.

The board of RIL approved funding of up to Rs. 4,000 crore to Independent Media Trust (IMT), of which RIL is the sole beneficiary, for acquisition of control in Network 18 and its subsidiaries, the company said in a statement.

More >> http://www.hindustantimes.com/business-news/reliance-industries-ltd-to-acquire-control-of-network-18-to-spend-rs-4-000-crore/article1-1224198.aspx

Channels that comes under TV 18 / Network 18 are

CNN-IBN,
IBN-7,
CNBC Awaaz,
CNBC-TV18,
CNBC TV18 Prime HD,
IBN-Lokmat,
MTV India,
Nick India,
Nick Jr.India,
Sonic,
VH1 India,
Colors,
Colors HD,
Colors rishtey
Comedy Central,
HomeShop18,
Topper TV,
History TV18,
History TV18 HD,
ETV Telugu,
ETV Andhra Pradesh
ETV Telangana
ETV Urdu,
ETV Bangla,
ETV News Bangla,
ETV Marathi,
ETV Kannada,
ETV News Kannada,
ETV Oriya,
ETV Bihar Jharkhand,
ETV Madhya Pradesh Chatishgarh,
ETV Rajasthan,
ETV Uttar Pradesh Uttarakhand,
ETV Gujarati,
ETV Haryana/Himachal,




2 Comments

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  1. But RDTV is Anil Ambhani’s venture , will they add Mukesh Ambhani’s channels in Base pack?!

  2. expect all these in base pack now in reliance digital tv, but lets wait till they acquire it 😀

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