IndianMascot
Core Member
India is witnessing a consolidation in the distribution business for television channels. In the latest round, TV18 Group and The Walt Disney Company are floating a joint venture company to distribute their television channels across analogue and digital platforms, including cable TV and direct-to-home (DTH), in India.
IndiaCast, TV18 and Viacom18's multi-platform, global distribution company, will have 74 per cent stake in the JV while UGBL, a Disney UTV firm, will hold the remaining 26 per cent.
The new entity will distribute 35 channels from the TV18, Viacom18, Disney UTV and A+E Networks, making it the second largest distribution company in terms of bouquet of channels after Media Pro Enterprise India.
Anuj Gandhi (IndiaCast CEO) will be the chief executive officer of the joint venture company.
Wish to read further, ------->
