Imagine Showbiz

Imagine Showbiz
	Imagine Showbiz Logo
Country	India
Headquarters	Mumbai, Maharashtra
Ownership
Owner	Reliance Anil Dhirubhai Ambani Group
History
Launched	15 August 2008
Links
Website	imagineshowbiz.com

Last updated April 14, 2024

Imagine Showbiz a Turner General Entertainment Networks India Pvt. Ltd endeavour, is a 24-hour Bollywood music channel catering to Indian youth.

The channel went on air on 15 August 2008 as NDTV Imagine Showbiz. Imagine Showbiz Ltd. was a JV company between NDTV Group and Cinestar Advertising Private Ltd.^[1]

On 8 December 2009, it was announced that Turner Asia Pacific Ventures (a wholly owned subsidiary Turner Broadcasting System) had acquired a 92 per cent stake in NDTV Imagine Ltd.^[2] NDTV's 76 per cent stake in NDTV Imagine would be given to Turner for $67 million, the Time Warner company would acquire fresh equity worth $50 million to get 92 percent control. NDTV Imagine Ltd. runs NDTV Imagine, NDTV Lumiere and NDTV Imagine Showbiz television channels and film production and distribution company, NDTV Imagine Film Co. The purchase received approval from the Time Warner board on 17 December 2009.^[3] At the end of the $126.5 million deal, Turner held 92% in NDTV Imagine Ltd. while 3.2% was retained by NDTV Networks and the remaining 4.8% was held by its chief executive officer Sameer Nair and other Imagine employees.

NDTV announced on 24 February 2010 that it had received all the regulatory approvals and the transaction had been concluded on 23 February by transfer of shares, amounting to 85.68 per cent of NDTV Imagine Ltd, by NDTV Networks Plc to Turner Asia Pacific Ventures.^[4] The three channels would be under Turner General Entertainment Networks, a holding company that will infuse fresh capital to fund the network's growth. The 'NDTV' brand was dropped out and the channels were relabelled Imagine TV, Lumiere Movies and Imagine Showbiz.

In January 2011, Reliance Broadcast Network Ltd (RBNL), part of the Anil Dhirubhai Ambani Group, confirmed a proposed acquisition of Imagine Showbiz from Cinestar,^[5] who had bought the entire 51 percent stake held by its JV partner Turner International.^[6] The acquisition by RBNL was to included a 100% purchase of Imagine Showbiz's shareholding, along with other assets including intellectual property rights, music library, Bollywood content, technical expertise, including studios and equipment and the existing distribution network. Imagine Showbiz was to be renamed and repositioned as a full-on music channel.

Related Research Articles

<span class="mw-page-title-main">Zee TV</span> Indian Hindi-language television channel

Zee TV is an Indian Hindi language general entertainment pay television channel owned by Zee Entertainment Enterprises. It was launched on 1 October 1992, as the oldest privately owned Television channel in India. The defunct and unsuccessful Asia Television Network started earlier.

<span class="mw-page-title-main">Turner Broadcasting System</span> American media conglomerate (1965–2019)

Turner Broadcasting System, Inc. was an American television and media conglomerate founded by Ted Turner in 1965. Based in Atlanta, Georgia, it merged with Time Warner on October 10, 1996. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD). The headquarters of Turner's properties are largely located at the CNN Center in Downtown Atlanta, and the Turner Broadcasting campus off Techwood Drive in Midtown Atlanta, which also houses Techwood Studios. Some of their operations are housed within WBD's corporate and global headquarters inside 30 Hudson Yards in Manhattan's West Side district, and at 230 Park Avenue South in Midtown Manhattan, both in New York City, respectively.

Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.

Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion against assets worth ₹180 billion.

New Delhi Television Ltd is an Indian news media company focusing on broadcast and digital news publication. The company is considered to be a legacy brand that pioneered independent news broadcasting in India, and is credited for launching the first 24x7 news channel and the first lifestyle channel in the country. It owns and operates the broadcast news channels of NDTV India and NDTV 24x7. The two channels of the company have received 32 Ramnath Goenka Excellence in Journalism Awards.

Hathway Cable & Datacom Ltd, formerly BITV Cable Networks, is an Indian cable television and broadband service provider based in Mumbai. It was the first company to provide Internet using the CATV network in India, and the first cable operator to launch a digital platform in 2006. Hathway Broadband Internet was the first cable ISP in India. Business India Television (BITV) Cable Networks Pvt Ltd was acquired by Hathway in 1999. As of 2007, the company had a 51% stake in Bhupendran Bhaskar Multinet and a 50% stake in Gujarat Telelinks Pvt Ltd (GTPL). In 2011, Hathway GTPL entered Assam with an MoM with V&S Cable Pvt Ltd, and started operations in West Bengal as they acquired KCBPL to create a subsidiary, GTPLKCBPL, responsible for providing services in West Bengal.

CNN-News18 is an Indian English-language news television channel founded by Raghav Bahl based in Noida, Uttar Pradesh, India. It is currently co-owned by TV18 and Warner Bros. Discovery. CNN provides international coverage for the channel, while Indian Broadcasting Network concentrates on Indian and local reports.

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

Network18 Media & Investments Limited, commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief of Network18, and Adil Zainulbhai is the chairman of its board of directors.

Imagine TV was a Hindi general entertainment channel owned by Turner Broadcasting System, and based in New Delhi.

Lumière Movies was an Indian 24-hour movie channel dedicated to foreign films owned by Turner Broadcasting System based in Mumbai.

Viacom18 Media Private Limited is an Indian media company based in Mumbai, India. Founded in 2007 by the MTV Networks Europe division, it later became a joint venture between TV18 and Viacom in 2014, with TV18 becoming the majority shareholder in the company since April 2023, with Paramount Networks EMEAA and Bodhi Tree Systems owning minority stakes. The company owns and operates various channels, as well as content production studios in India.

Future Group is an Indian conglomerate, founded by Kishore Biyani and based in Mumbai. The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Central, integrated foods and FMCG manufacturing sectors. Future Retail Limited and Future Lifestyle Fashions Limited are two operating companies whose assets are among the top retail companies listed in BSE, with market capitalization among the highest on the National Stock Exchange of India.

<span class="mw-page-title-main">Real (TV channel)</span> Television channel

Real was a Hindi entertainment channel launched by Turner International India in a 50:50 joint venture with Alva Brothers Entertainment on 2 March 2009 based in Mumbai, Maharashtra.

TheWalt Disney Company India also known as Disney India is the Indian subsidiary of The Walt Disney Company headquartered in Mumbai, Maharashtra.

Big Magic International was a Canadian exempt Category B Hindi language specialty channel and it was owned by Ethnic Channels Group. It broadcast programming from Big Magic, Bloomberg UTV and local Canadian content. The channel had expanded internationally to markets like the US, Canada and Australia, which had an enormous South Asian diaspora.

Disney Star, formerly known as Star India, is an Indian media conglomerate owned by Disney India, which is the Indian regional subsidiary of The Walt Disney Company. Headquartered in Mumbai, Maharashtra, Disney Star runs more than 70 television channels in eight languages, reaching out to 9 out of 10 cable and satellite television homes in India. The network reaches approximately 790 million viewers a month across India and more than 100 countries. Disney Star generates more than 30,000 hours of content every year. Disney Star is the largest television and entertainment network in India.

Edelweiss Group is an investment and financial services company based in Mumbai. It was co-founded by Rashesh Shah and Venkat Ramaswamy.

Warner Bros. Discovery India is a division of Warner Bros. Discovery Asia-Pacific that operates several television channels in India, along with the Discovery+ streaming service.

References

↑ "NDTV launches new channel Imagine Showbiz". Business-standard.com. Retrieved 17 July 2010.
↑ "Turner buys 92% stake in NDTV Imagine". Biz Asia. 8 December 2009. Archived from the original on 14 December 2009.
↑ "Time Warner approves NDTV Imagine acquisition". Biz Asia. 17 December 2009. Archived from the original on 30 June 2010.
↑ "Turner completes acquisition, NDTV Imagine becomes Imagine TV". Indian Television. 24 February 2010.
↑ "Reliance confirms buyout of Imagine Showbiz". Biz Asia. 12 January 2011. Archived from the original on 8 March 2012. Retrieved 19 February 2011.
↑ "Reliance to relaunch Imagine Showbiz channel". Biz Asia. 18 February 2011. Archived from the original on 8 March 2012. Retrieved 19 February 2011.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[1] "NDTV launches new channel Imagine Showbiz". Business-standard.com. Retrieved 17 July 2010.

[2] "Turner buys 92% stake in NDTV Imagine". Biz Asia. 8 December 2009. Archived from the original on 14 December 2009.

[3] "Time Warner approves NDTV Imagine acquisition". Biz Asia. 17 December 2009. Archived from the original on 30 June 2010.

[4] "Turner completes acquisition, NDTV Imagine becomes Imagine TV". Indian Television. 24 February 2010.

[5] "Reliance confirms buyout of Imagine Showbiz". Biz Asia. 12 January 2011. Archived from the original on 8 March 2012. Retrieved 19 February 2011.

[6] "Reliance to relaunch Imagine Showbiz channel". Biz Asia. 18 February 2011. Archived from the original on 8 March 2012. Retrieved 19 February 2011.

[1]

[2]

[3]

[4]

[5]

[6]