New York /Mumbai – A&E Television Networks, LLC (AETN) and Network18 Group have reached an agreement to form a joint venture, AETN-18 India. AETN-18 will launch HISTORY, BIO and other AETN channels in the Indian market. The joint venture between Network18 Group and AETN will be based in Mumbai. Timelines for the launch of various channels will be announced shortly and all new business operations are subject to regulatory approval. BMR Advisors acted as transaction advisors to Network18 Group.