Dinesh jain
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Saddled with huge debt, the Reliance Anil Dhirubhai Ambani
Group (R-ADAG) has been looking to exit non-core businesses like media. It has already scaled down its film production business housed under Reliance Entertainment.
The group’s telecom arm Reliance Communications is also
planning to hive off its direct-to-home (DTH) business
Reliance Digital TV, which has not seen any subscriber addition for three straight quarters. Reliance Digital TV’s subscriber base has remained stuck at 5 million.
The TV broadcasting business had suffered its first serious jolt when foreign partners CBS and RTL had called off their
respective joint ventures in 2015 with the company.
While the channels operated under the JV with CBS were shut down, the one operated with RTL was rebranded as a male- focused youth channel called Big Thrill.
Following the end of Big CBS JV, Reliance Broadcast Network Ltd delisted from the stock exchange.
The group’s media and entertainment footprint is limited to
film and TV production, games and new media/internet.
Reliance also operates a news and current affairs channel,
BTVi, which is not part of the transaction with Zee. Ambani is looking to dilute stake in this company.
The other companies include films and entertainment services Company Reliance MediaWorks, game developer Reliance Games and film production company Reliance Entertainment.
The shrinking footprint of Anil Ambani's M&E business | TelevisionPost.com
Group (R-ADAG) has been looking to exit non-core businesses like media. It has already scaled down its film production business housed under Reliance Entertainment.
The group’s telecom arm Reliance Communications is also
planning to hive off its direct-to-home (DTH) business
Reliance Digital TV, which has not seen any subscriber addition for three straight quarters. Reliance Digital TV’s subscriber base has remained stuck at 5 million.
The TV broadcasting business had suffered its first serious jolt when foreign partners CBS and RTL had called off their
respective joint ventures in 2015 with the company.
While the channels operated under the JV with CBS were shut down, the one operated with RTL was rebranded as a male- focused youth channel called Big Thrill.
Following the end of Big CBS JV, Reliance Broadcast Network Ltd delisted from the stock exchange.
The group’s media and entertainment footprint is limited to
film and TV production, games and new media/internet.
Reliance also operates a news and current affairs channel,
BTVi, which is not part of the transaction with Zee. Ambani is looking to dilute stake in this company.
The other companies include films and entertainment services Company Reliance MediaWorks, game developer Reliance Games and film production company Reliance Entertainment.
The shrinking footprint of Anil Ambani's M&E business | TelevisionPost.com
