CBS (NYSE: CBS) Studios International and Reliance Broadcast Network Limited (RBNL) Wednesday announced a deal to launch television channels in India through a joint venture company to be called BIG CBS Networks Pvt. Ltd. BIG CBS will be incorporated in India, and CBS and RBNL will each have a 50%…

Now that the deal is done for Comcast (NSDQ: CMCSA) to acquire 51 percent of NBC Universaal from GE, pending regulatory approval, here’s a look at how it all unfolded: —Reaction To The Comcast-NBCU Deal In Tweets—Comcast-NBCU: Hulu Board Meetings Could Get Interesting; Premium Hulu ‘Not In The Cards’?—Video: Comcast-NBCU…

Rohit Bansal, COO at Independent News Service Pvt. Ltd, which runs India TV, has stepped down. Bansal, who has worked at the firm for five years since 2004, has been active in the broadcast policy circles and was a familiar face at industry gatherings. Bansal confirmed the development. August 31…

The Union Cabinet today approved information and broadcasting ministry’s guidelines on Headend In The Sky (HITS), a technology that enables satellite transmission of digital broadcasting signals. Unlike DTH, or direct-to-home technology, HITS requires last mile cable operators to receive signals and transmit it via cable to the consumer’s home. However,…

BAG Films & Media Ltd today said its board has approved a plan to raise up to $30 million (Rs142 crore) from the international market through an issue of global depository receipts or foreign currency convertible bonds. The board has also approved an increase in the authorized capital of the…

Broadcaster NDTV Ltd will buy back a minority interest in its non-news subsidiary NDTV Network Plc. from NBC Universal (NYSE: GE). The company had sold a 26% stake in the UK-incorporated subsidiary, which acts as a holding company for the group’s non-news businesses, to the American media conglom in May…

ET Now, the business news channel from Bennett, Coleman & Co. Ltd, has hired Shaili Chopra, markets and corporate affairs editor at NDTV 24X7, a source at the channel said. Chopra confirmed she has left NDTV. She worked at sister channel NDTV Profit for five years before she was moved…

In exactly two months from launch, ET Now, the business news channel from Bennett, Coleman & Co. Ltd, has toppled NDTV Profit to become the second most viewed channel in Metros. According to latest data from TAM Media Research, for the week ended 15 August, ET Now had a 26%…

Days after it said that IPL was hastening the death of test cricket, it has emerged that the venerated London-based MCC (Marylebone Cricket Club), the world’s oldest cricket club and the former governing body of international cricket, is considering buying an IPL franchise when it expands in 2011 (via TOI).…

Finance Minister Pranab Mukherjee delivered a budget that brought some cheer and some additional taxation to the media sector. Key points: 1) Fringe Benefit Tax abolished: This was a key demand from many players in contentSutra’s Wishlist For The New I&B Minister. Many key overheads for media houses, such as…

After a rather long wait, ET Now, the fourth English business news channel in India, went on air this morning as part of a phased rollout and is available on some of the major cable networks. ET Now is broadcast by Times Global Broadcasting Co. Ltd, a subsidiary of Bennett,…