Mumbai - Viacom Inc. and Network18, through Group company Global Broadcast News, have formalized Viacom18 Media Pvt Ltd, their 50:50 JV in India. Plans for Viacom 18 were announced in May 2007. Viacom18 includes TV, film and digital media content across various brands as well as consumer products, and will be managed by a six-member Board with equal representation by Viacom and Network18. Viacom18 will launch a new Hindi-language general entertainment channel in India early 2008 to offer … [Read more...] about Viacom and Network18 formalize Viacom18