button googleplaybutton appstorebutton blackberry

 

facebooktwitter2linkedinyoutube

 

TV18, Viacom18 and DisneyUTV form a distribution JV in India

TV18 has announced that IndiaCast – the multi-platform, global distribution company of TV18 and Viacom18 - has formed a strategic joint venture with UGBL - a DisneyUTV group company - to distribute TV channels in India.

The partnership will be 74%-owned by IndiaCast and the rest will be held by Disney's India unit, Disney UTV.

IndiaCast and Disney UTV will both move their domestic distribution businesses into the new venture, providing 35 channels across cable, direct-to-home (DTH) and HITS platforms in India.

Anuj Gandhi, CEO of IndiaCast, will manage the joint venture.

Raghav Bahl, Managing Director, Network18, said: “The Indian television industry in on the throes of a transformation on the back of digitisation. The distribution joint venture of TV18 and Viacom18 with DisneyUTV is a landmark deal and will help in shaping the future course of the domestic distribution landscape.”

Sai Kumar, Group CEO, said, “We take great pride and pleasure in being a part of this strategic partnership announced today and are very excited by the opportunity that the impending digitization of Indian television presents to us. We are
confident that the coming together of some of the largest and most premier broadcasting properties in the country will significantly add to IndiaCast’s bargaining power and its strength as one of India’s foremost television distribution ventures.”

Post your comments

    Most read news

    • Last 7 days
    • Last 30 days
    • Always
    A device to inject new life into the tablet industry in India has been launched by the Indian government at a subsidised price of just...
    Pay-TV channels are to be added to Arasu Cable TV’s free to air package, which was re-launched by Tamil Nadu Government earlier this...
    Hathway has become India's first national multi system operator (MSO) to provide a high definition (HD) TV service for its digital...
    India's 9X Media is to launch a new 24 hour Marathi music channel called 9X Jhakaas on 31 October, in what is set to be the first of...
    Iconic US metal band Metallica will be performing for the first time in India at F1 Rocks on 28 October, alongside the inaugural...
    The Turner-owned Hindi channel Imagine TV is reportedly to bring singing talent show The Voice to India in early 2012.

    etg120x60fbtv120x60fbt120x60pp120x60pp120x60