Network17 Media


TV18 takes control of Viacom JV

India’s TV18 Broadcast has become the controlling shareholder in the channels business it operates with Viacom. Network18 Media-owned TV18 has added 1% of Viacom’s shares in Viacom18 to become the 51% majority owner for US$20 million, meaning it takes operational and strategic control. A further element to the agreement means Viacom will continue to supply […]