Anil Ambani’s Reliance Big Broadcasting surrenders four TV channel licences to MIB

[scorpionking76]

Star has bought only non-news channels. News channels are still with Asianet only

Hmm I heard that Asianet was wholly purchased by Star, they already had a share holding with less than 30 % and now increased to 51%

 

[Deepu]

Hmm I heard that Asianet was wholly purchased by Star, they already had a share holding with less than 30 % and now increased to 51%

Yes. Now Star has bought Asianet network channels. But News channels are running separetly under different subsidiary which is still with Asianet

 

[bhaskarkilli]

Yes. Now Star has bought Asianet network channels. But News channels are running separetly under different subsidiary which is still with Asianet

star knows news channels wont give much profit as GEC channels are giving.

 

[Deepu]

star knows news channels wont give much profit as GEC channels are giving.

FDI regulation was reason behind Star not acquiring News channels

News business was not a part of this portfolio since the FDI limit in news channels then was at 26%

STAR India acquires 100% Stake In Asianet Communications - MediaNama

 

[scorpionking76]

But this will only be for name sake for the government regulators. They have completely taken over as per inside info

 

[Technoglitch]

But this will only be for name sake for the government regulators. They have completely taken over as per inside info

is it?
i wasnt aware of it.