Network 18 stake goes to Reliance

Outfit operates CNBC-TV18, CNBC-Awaaz

HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18.

The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and distribution business and is setting up a film fund that has applied for a listing on the London Stock Exchange.

Reliance Capital also has stakes in NDTV, Zee Enterprises, UTV Software and Adlabs Films.

Reliance Capital also has launched an open offer to buy 20% of the shares in TV Today, which runs Hindi news channel Aaj Tak and English news net Headlines Today.

More TV

  • ‘Dunkirk,' ‘Black Mirror’ Winners at Casting

    ‘Dunkirk,' ‘Black Mirror’ Among Winners at Casting Society Artios Awards

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • Grown-ish

    'Grown-ish' Renewed for Season 2 at Freeform

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • MARVEL'S CLOAK & DAGGER - Freeform's

    Freeform Sets Premiere Dates for 'Cloak & Dagger,' 'Bold Type' Season 2

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • Rose McGowan

    10 Things We Learned at the Television Critics Assn. Press Tour

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • The cast of HEATHERS from l

    TV News Roundup: 'Heathers' Series Releases First Trailer (Watch)

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • Arrow

    'Arrow': Echo Kellum Teases the New Team Arrow in Midseason Premiere

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

  • 'Most Valuable Performer' EP Bob Horowitz

    'Most Valuable Performer' EP Bob Horowitz on Merging Sports and Entertainment

    HONG KONG — Reliance Capital, the media investment arm of Indian industrial conglom Reliance Anil Dhibubhai Ambani, has bought a 5% stake in Network 18. The outfit is the holding company that operates news channels CNBC-TV18 and CNBC-Awaaz in India and Shopping network Shop 18. Its Studio 18 subsid is expanding its movie production and […]

More From Our Brands

Access exclusive content