Viacom Buys Stake in India's Prism TV
Viacom bought a 50 percent interest in Prism TV, which operates several entertainment channels in India, it said Friday. The purchase price was roughly $153 million, Viacom said. The other half of Prism TV will continue to be owned by…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Network18 Group, Viacom's partner in Viacom18, an Indian entertainment network joint venture. Programmers have been aggressively acquiring properties internationally (see 1506160006).