It'll take long time to launch these channels but I hope that they'll launch few required Hindi channels(except Colors Jazbaat) also.
I think @SarfaRaZ bro is right. They may rebrand UTV action to SG2. They've already got license to rename SUM to SGF.
After all these rebranding & launches, SGF may show old movies which will be suitable for whole family, Movies Ok & SG will show south Indian & bollywood movies respectively. They've already started showing marvel movies on SG & SUM which may shift to SG2.
Why don't it be Movies Ok? I think Star won't touch Disney network immediately. Any way don't expect more. It can be another sports channel.Ultimately both Star and Viacom are doing same thing. While Viacom gets license with fake names later converted to real names and Star converts all new licenses with different names to Sports channels when launching.