Breaking TV18 Channels Licence Transferred to Network18 by MIB

[Shark]

what's this ? All news channels Licence was already Under TV18 which is of Network18. Can anyone explain in short

As I understand from the letter, TV18 and E18 are going to be shut down and Network18 will run the business of both of them. According to the above letter (As I Understood), shareholders of E18 and TV18 will receive shares in Network18. That means these companies are going to be delisted from the stock market means shut down.

 

[SarFa]

As I understand from the letter, TV18 and E18 are going to be shut down and Network18 will run the business of both of them. According to the above letter, shareholders of E18 and TV18 will receive shares in Network18. That means these companies are going to be delisted from the stock market.

Yes got it

 

[DreamDTH]

As Network18 prepares for the grand merger of Viacom18 with Disney Star, the Reliance-owned media behemoth has been reorganising its numerous subsidiaries, with Topper getting the axe after a decade and a half on air.

Network18 restructures ahead of Viacom18–Star merger; Topper Channel closes down

 

[sumit prakash]

It means merger effet from tomorrow