A PYMNTS Company

India: Disney, Network18 broadcasting deal approved

By  |  February 21, 2013

The acquisition of a 26 percent stake in IC Media Distribution Services Pvt Ltd by Walt Disney Group’s UTV Global Broadcasting Ltd has been approved by the Competition Commission of India. The Commission noted no competition concerns over the merger. IC Media Distribution Services Ptc Ltd is a part of Network18 group. The CCI noted that exclusive license will be granted to IC for TV channel distribution. Financial terms of the agreement were not reported.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Business Standard

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.