SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Broadcast Network, CBS Corp to form 50:50 JV

21 Jun 2010 Evaluate

In a strategic move to enter the television broadcasting space, Anil Ambani Group firm Reliance Broadcast Network Ltd will form an equal joint venture with US media conglomerate CBS Corp to own and operate TV channels.

RBN, previously known as Reliance Media World Ltd, will form a 50:50 joint venture with CBS Studios International, a wholly owned subsidiary of CBS Corp for the purpose of owing and/or operating a portfolio of television channels.

With RBN's multi-media presence and integrated sales offerings, combined with the content muscle of CBS Corp, BIG CBS stands to bite into a sizable slice of India's burgeoning television industry. RBN and CBS will have equal 50 per cent equity interest in the joint venture.

RBN operates India's largest radio network (92.7 BIG FM) and is into outdoor, promotions and events. CBS Corp's television network is America's No. 1 broadcast network. CBS has developed some of America's biggest hit shows like CSI, NSIC, America's Next Top Model and The Oprah Winfrey Show.

crackcrack
Peers
Company Name CMP
PVR 991.65
Saregama India 343.25
Shemaroo Entertain. 104.78
Balaji Telefilms 95.11
UFO Moviez 72.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×