JV With Viacom
On 21 May 2007, American media giant Viacom entered into a 50-50 joint venture with Global Broadcast News to form Viacom 18, which would house Viacom's existing channels in India - MTV, VH1 and Nick as well as Network 18's movie business. All future Viacom content for India and new ventures such as a Hindi entertainment channel and a Hindi movie channel would be housed in this JV. GEC "COLORS" to be launched has been announced by Viacom-18
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