Anil Ambani forms equal joint venture with CBS for small-screen debut

"Anil Ambani’s Reliance Media World will form an equal joint venture with iconic American media company CBS Corporation to launch a potentially disruptive network of television channels under the brand BIG CBS, a person familiar with the development said. The companies have reached an agreement on the JV and an announcement is expected to be made this week."

Read further...Anil Ambani forms equal joint venture with CBS for small-screen debut