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Jun 21, 2010

Anil Dhirubhai Ambani (ADA) Group to enter the Television Broadcasting

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Anil Dhirubhai Ambani (ADA)Group to start television broadcasting business. The ADAG's REliance Broadcasting Network will start this business with joint venture with US Media conglomerate CBS. The TOI reported that the deal is about to be completed in a month.

CBS Corporation is one the leading broadcaster in US and now with the Reliance Broadcasting Network it will starts its business in India. The Oprah Winfrey Show, one the famous television shows in US, is creation of the CBS corporation. However, it is believed that the joint venture would be successful and the share holders would eager to see the more developments of ADAG.

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