Deal Corner
August 01, 2010
Reliance Broadcast Network Limited have entered into a 50:50 joint venture

DEAL BRIEF

Reliance Broadcast Network Limited, a part of the Reliance Anil Dhirubhai Ambani Group and CBS Studios International have entered into a 50:50 joint venture, which will see the creation of three new English entertainment channels to be made available across a network of platforms to audiences in India, Nepal, Bhutan, Sri Lanka, Bangladesh, Maldives and Pakistan. The proposed channels will be: (i) BIG CBS Prime, which would be a premium English general entertainment channel, (ii) BIG CBS Spark, which would be India's first ever English youth channel and (iii) BIG CBS Love, which would be India's first ever women's English entertainment channel.

OUR ROLE

We, at Nishith Desai Associates, acted as legal and tax counsel to Reliance Broadcast Network Limited for this transaction.

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.

Deal Corner

August 01, 2010

Reliance Broadcast Network Limited have entered into a 50:50 joint venture

DEAL BRIEF

Reliance Broadcast Network Limited, a part of the Reliance Anil Dhirubhai Ambani Group and CBS Studios International have entered into a 50:50 joint venture, which will see the creation of three new English entertainment channels to be made available across a network of platforms to audiences in India, Nepal, Bhutan, Sri Lanka, Bangladesh, Maldives and Pakistan. The proposed channels will be: (i) BIG CBS Prime, which would be a premium English general entertainment channel, (ii) BIG CBS Spark, which would be India's first ever English youth channel and (iii) BIG CBS Love, which would be India's first ever women's English entertainment channel.

OUR ROLE

We, at Nishith Desai Associates, acted as legal and tax counsel to Reliance Broadcast Network Limited for this transaction.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.