CCI approves merger of Jio Cinema OTT with Viacom 18 Media
The Competition Commission of India (CCI) has approved the amalgamation of the over-the-top platforms Jio Cinema with Viacom 18 Media.
The Competition Commission of India (CCI) has approved the amalgamation of the over-the-top platforms Jio Cinema with Viacom 18 Media.
In the letter written by Viacom18 Sports CEO Anil Jayaraj, it has also asked cricket's governing body for immediate cancellation of the closed bidding process for first stage while demanding for the adoption of an e-auction process in entirety.
As the e-auction, which began on Sunday moves to its third day on Tuesday, one of the biggest highlights was with 410 matches to be broadcasted in the five-year cycle, the total value per match for every IPL game is at INR 107.5 crore.
The week-long workshop, scheduled to begin on December 8, will have participation from India, Sri Lanka, Nepal, Bangladesh, Bhutan and Afghanistan.
Viacom 18 is a joint venture of TV18, the media group controlled by Mukesh Ambani and US media company Viacom Inc.
The channel COLORS Kannada Cinema will be launched on September 24.
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