Aksgr
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- 27 Oct 2018
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Colors is viacomcbs brand and its advertised in same manner. The brand name doesn't belong to RILI'm saying this because if Viacom CBS is reduced to a minority stakeholder in Viacom 18, and if they exit from the JV, then there may be a tussle over who gets the rights to own the "Colors" brand. Though of course, Viacom CBS has clearly mentioned that "Colors" is their brand. They have displayed it on their official website as well.
This is the main reason why these scenarios would happen.