New Delhi – India’s Reliance Broadcast Network, part of the Anil Dhirubhai Ambani group, has signed a deal with the US-based CBS network to launch TV channels across South Asia. The two companies will first launch English-language entertainment channels and at a later stage explore channels in Hindi and other regional languages, the company said in a press statement. “As currently proposed, the joint venture would include certain programming rights across the countries of India, Nepal, Bhutan, Sri Lanka, Bangladesh, the Maldives and Pakistan for now,” it said. RBN and CBS will have equal 50 percent equity interest in the joint venture, but no other figures were available on the deal.
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