The woes for Star do not end here. If NDTV started the trend then TV18 has followed suit. The news major with a strong presence in business and general news space (it owns CNBC TV18, Awaaz, CNN-IBN and IBN7) recently tied up with US entertainment giant Viacom (the owner of MTV, VH1 and Nickelodeon brands in India). On the priority list of the Rs.500 crore 50:50 JV, called Viacom- 18 is launching a Hindi GEC channel in the next one year along with niche channels from MTV family and new brands. Philippe Dauman, President & CEO, Viacom says, “India is one of Viacom’s priority markets for expansion internationally.” According to B&E estimates, 2007 will witness the launch of (if not more) at least 5 television channels across genres. Come 2008 and one should be prepared for a deluge of channels to hit the idiot box. The major players apart from NDTV, TV18 include UTV (Investment of $200 million, 4 channels by August, 4 by March, 2008), BAG Films (2 channels by November, 1 by 2008), BBC Worldwide (two already launched, two more by 2008), Sun TV (three channels) and the real estate group Triveni (more than 20 channels by end 2008)... Phew!
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