I think after HBO and WB shutting down, Many more Entertainment and Movie Channels will shutdown, if it is from No.1 Broadcaster also shutdown because English entertainment and Movies Channels loss venture for Broadcaster.
Someone said in this thread Paramount have huge library so Viacom can launch movie channel in India, it's not Possible because movie Acquisition cost too High, even Sony and Star also failed to Acquire Disney, 20th century Studios and Sony Pictures movies. if IP issues, laws and Acquiring Legal proceeding not there in India then we can expect every movie in Same expected Channels, But these things not allowed and every movie Acquisition is leagl in India.