Network18 acquire ETV channels

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Sony set to buy ETV's channelsBiggest media deal for $500-600 million to give Sony a bigger share of regional pie.In what will be the largest media deal in India, Multi-Screen Media (MSM), which runs Sony Television in India, is set to buy Ramoji Rao-owned Eenadu TV’s (ETV’s) bouquet of 11 regional channels.According to four independent sources, the talks are at an advanced stage and an announcement is expected shortly.The deal size is expected to be close to $500-600 million (Rs 2,250-2,400 crore), eclipsing transactions such as Disney’s strategic investments in UTV, Turner’s buyout of NDTV Imagine from New Delhi Television and Viacom teaming up with Network18, which runs India’s version of CNBCThe deal will give Sony a nationwide regional platform to take on rivals STAR and Zee.Apart from having a pan-India presence, ETV’s infotainment channels also reach out to Indian diaspora in the US, providing digital entertainment via ETV Telugu, ETV Bangla and ETV Gujarati entertainment channels.ETV’s regional channels have had an interesting model of clubbing news and entertainment.The MSM spokesperson told Business Standard the “company will not comment on market speculation”. Eenadu Group’s Managing Director and Ramoji’s son, Kiron Rao, did not respond to email queries. The group’s media officer refused to comment....ETV also runs a 24-hour Telegu news channel, ETV2, which will not be sold to Sony....
Might prove good deal for Sony as ETV leads in many regional market.Sont may re-brand all ETV channels to Sony like "Sony Aath" Bangla GEC.

Updated on 14 Dec 2011: Network18 may but ETV
 
Yes ETV is popular as a regional channel. Good move by Sony just like it had bought SAB tv few years back.
 
We'll have to see how this is going to Pan out... ETV is pretty big in A.P. infact it is the first Telugu channel (after Doordarshan ofcourse)... and most of the shows/sitcoms are produced by Eenadu group (Ushodaya) itself and shot in various locations owned by Eenadu (Ramoji film city etc).. So after the deal, will they still continue with the Production?

Feel little sad hearing this... I was not a big fan of ETV, but still it was the first telugu pvt. satellite channel...

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More info on this here..
Andhravaani.net - Sony set to buy ETV's channels
 
We'll have to see how this is going to Pan out... ETV is pretty big in A.P. infact it is the first Telugu channel (after Doordarshan ofcourse)... and most of the shows/sitcoms are produced by Eenadu group (Ushodaya) itself and shot in various locations owned by Eenadu (Ramoji film city etc).. So after the deal, will they still continue with the Production?

Feel little sad hearing this... I was not a big fan of ETV, but still it was the first telugu pvt. satellite channel...

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More info on this here..
Andhravaani.net - Sony set to buy ETV's channels
dude, Sony dont have any programs to show in its primary channel itself, 24 hours CID only
.. are yaha toh lash hai ...



definitely they will screw the ETV networks too, ETV at-lest air unbiased news unlike all chatu chamcha newz channels.
 
Eenadu TV close to merger deal with Network18
Months after talks between Multi-Screen Media (MSM), which runs Sony Television in India, and the Ramoji Rao-owned Eenadu TV (ETV) fell through, the Raghav Bahl-controlled Network18 Group is inching close to a deal with ETV.


According to five independent sources, Network18 Group is likely to merge ETV’s bouquet of 11 regional channels and one Telugu news channel with itself through a share swap.


In one sweep, then, the Network18 Group would get a nationwide regional platform to take on rivals STAR and Zee. STAR has STAR Vijay, STAR Prabah, STAR Jalsa and Asianet, while Zee has eight regional channels.

And...
There is also growing buzz that following the merger, Mukesh Ambani himself or Reliance Industries may pick up a strategic stake in the merged entity. However, this could not be independently verified. The RIL spokesperson did not respond to an email
 

dude, Sony dont have any programs to show in its primary channel itself, 24 hours CID only


definitely they will screw the ETV networks too, ETV at-lest air unbiased news unlike all chatu chamcha newz channels.

Who knows there might be C.I.D in telugu.yay

I will definitely watch ETV if it happens 🙂

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Anyways ETV was going down in AP in entertainment as well as news segments so Ramoji Rao sought to sell it off

Gemini ,Maa & TV9 are way ahead in AP!
 
This game is almost Over. Network 18 had almost completed the deal. Only few legal formalities are pending.
 
Some new development-RIL to fund N18 & TV18's ETV Channels acquisition > afaqs! news & features
Reliance Industries Limited has announced that a part of the interest owned by it in the ETV Channels is being divested to TV18 Broadcast Limited (TV18).


Under the given agreement, Infotel Broad Band Services Limited ("Infotel"), a subsidiary of RIL, has entered into a Memorandum of Understanding (MoU) with TV18 and Network18 Media and Investments Limited (Network18) for preferential access to all their content for distribution through the 4G Broadband Network that is being set up by RIL.


It is pertinent to note that Infotel is setting up a pan India 4th generation broadband network. With this, Infotel intends to take a leadership position in content distribution through broadband technology through a host of devices. Digital content ranging from entertainment, news, sports, music, weather, education and other genres will be a key driver to increase consumption of broadband.


As per the MoU, Infotel shall have preferential access to - the content of all the media and web properties of Network 18 and its associates; and programming and digital content of all the broadcasting channels of TV18 and its associates on a first right basis as a most preferred customer.


RIL, through investments of about Rs 2,600 crores by its group companies, currently holds interest in various ETV channels that is being operated and managed by the Eenadu Group. This includes a 100 per cent economic interest in regional news channels, namely ETV Uttar Pradesh, ETV Madhya Pradesh, ETV Rajasthan, ETV Bihar and ETV Urdu channel, a 100 per cent economic interest in the entertainment channels namely ETV Marathi, ETV Kannada, ETV Bangla, ETV Gujarati and ETV Oriya and 49 per cent economic interest in ETV Telugu and ETV Telugu News.


Now as part of the deal, a part of the above investments comprising 100 per cent interest in news channels, 50 per cent interest in entertainment channels and 24.50 per cent interest in Telugu channels are being divested to TV18 Broadcast Limited.


"The combination of India's leading TV content provider, with a bouquet of nearly 25 channels, and Infotel, will be a significant step in bringing a high quality "live TV" experience to broadband customers across the country. Likewise, Network18's market-leading web portals and e-commerce operations will provide several value added services to Infotel's broadband subscribers. This unique alliance is expected to differentiate Infotel and create value for all stakeholders," Reliance said.

It also has reference to Reliance plan of 4G deployment...

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I request Admin to change thread title to "Network18 acquire ETV channels"
 
Indian Television Dot Com | Viacom18 rebrands ETV franchise to Colors
The teaser for the rebranding was launched on 3 March. The network plans to undertake the transition of the ETV franchise to Colors in a phase-wise manner. The first to rebrand is ETV Marathi, which will turn to Colors Marathi on 22 March. For the same, the communication will begin from 6 March, after which for almost two weeks, viewers can see the flip happening from ETV to Colors Marathi and then, on 22 March, on the occasion of Gudi Padwa, the final logo of Colors Marathi will be launched.

The transition for all the five ETV channels will take place over a period of two months. “We are staggering the transition across two months because we want to bring alive the new identity with the agrarian new year of each of the regions we are present in. All the channel logos will be unveiled in an unique way, keeping the culture of the region in mind and taking roots from the place they come from,” informed Vats.
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