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Viacom, Network18 complete JV formalities

CHENNAI: Viacom Inc. and Network18, through its group company Global Broadcast News, have announced the completion of formalities leading to the formation of their 50:50 joint venture in India — Viacom18 Media Pvt. Ltd. Viacom18 will include television, film and digital media content across brands and consumer products to build India’s leading multi-platform entertainment powerhouse, says a release.— Corporate Reporter

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