https://indianpedia.org/index.php?action=history&feed=atom&title=Imagine_ShowbizImagine Showbiz - Revision history2026-07-31T19:26:26ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Imagine_Showbiz&diff=208930&oldid=prev>Monkbot at 22:02, 29 January 20212021-01-29T22:02:44Z<p></p>
<p><b>New page</b></p><div>{{Use Indian English|date=September 2015}}<br />
{{Use dmy dates|date=September 2015}}<br />
{{Infobox television channel<br />
| name = Imagine Showbiz<br />
| logo = Imagine Showbiz logo.png<br />
| logo_caption = Imagine Showbiz Logo<br />
| logo_size =<br />
| launch_date = 15 August 2008<br />
| owner = [[Reliance Anil Dhirubhai Ambani Group]]<br />
| headquarters = [[Mumbai]], [[Maharashtra]]<br />
| country = [[India]]<br />
| sister_channels =<br />
| web = [http://www.imagineshowbiz.com/ imagineshowbiz.com]<br />
| sat_serv_1 =<br />
| sat_chan_1 =<br />
| cable_serv_1 =<br />
| cable_chan_1 =<br />
| iptv_serv_1 = UniFi [[Malaysia]]<br />
| iptv_chan_1 = Channel 200<br />
}}<br />
'''Imagine Showbiz''' a Turner General Entertainment Networks India Pvt. Ltd endeavour, is a 24-hour [[Bollywood]] [[music channel]] catering to Indian youth.<br />
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The channel went on air on 15 August 2008 as '''NDTV Imagine Showbiz'''. Imagine Showbiz Ltd. was a JV company between [[NDTV|NDTV Group]] and Cinestar Advertising Private Ltd.<ref>{{cite web|url=http://www.business-standard.com/india/news/leaders-unanimousexpansionun-security-council/44463/on |title=NDTV launches new channel Imagine Showbiz |publisher=Business-standard.com |access-date=2010-07-17}}</ref><br />
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On 8 December 2009, it was announced that Turner Asia Pacific Ventures (a wholly owned subsidiary [[Turner Broadcasting System]]) had acquired a 92 per cent stake in NDTV Imagine Ltd.<ref>{{cite web|url=http://media247.co.uk/bizasia/newsarchive/2009/12/turner_buys_76.php|title=Turner buys 92% stake in NDTV Imagine|publisher=Biz Asia|date=2009-12-08|url-status=dead|archive-url=https://web.archive.org/web/20091214170404/http://media247.co.uk/bizasia/newsarchive/2009/12/turner_buys_76.php|archive-date=14 December 2009|df=dmy-all}}</ref> NDTV's 76 per cent stake in NDTV Imagine would be given to Turner for $67 million, the [[Time Warner]] company would acquire fresh [[equity (finance)|equity]] worth $50 million to get 92 percent control. NDTV Imagine Ltd. runs NDTV Imagine, NDTV Lumiere and NDTV Imagine Showbiz television channels and film production and distribution company, NDTV Imagine Film Co. The purchase received approval from the Time Warner board on 17 December 2009.<ref>{{cite web|url=http://media247.co.uk/bizasia/newsarchive/2009/12/time_warner_app.php|title=Time Warner approves NDTV Imagine acquisition|publisher=Biz Asia|date=2009-12-17|url-status=dead|archive-url=https://web.archive.org/web/20100630120339/http://media247.co.uk/bizasia/newsarchive/2009/12/time_warner_app.php|archive-date=30 June 2010|df=dmy-all}}</ref> At the end of the $126.5 million deal, Turner held 92% in NDTV Imagine Ltd. while 3.2% was retained by NDTV Networks and the remaining 4.8% was held by its chief executive officer [[Sameer Nair]] and other Imagine employees.<br />
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NDTV announced on 24 February 2010 that it had received all the regulatory approvals and the transaction had been concluded on 23 February by transfer of shares, amounting to 85.68 per cent of NDTV Imagine Ltd, by NDTV Networks Plc to Turner Asia Pacific Ventures.<ref>{{cite web|url=http://www.indiantelevision.com/headlines/y2k10/feb/feb179.php|title=Turner completes acquisition, NDTV Imagine becomes Imagine TV|publisher=Indian Television|date=2010-02-24}}</ref> The three channels would be under Turner General Entertainment Networks, a holding company that will infuse fresh [[Financial capital|capital]] to fund the network's growth. The 'NDTV' brand was dropped out and the channels were relabelled Imagine TV, Lumiere Movies and Imagine Showbiz.<br />
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In January 2011, Reliance Broadcast Network Ltd (RBNL), part of the Anil Dhirubhai Ambani Group, confirmed a proposed acquisition of Imagine Showbiz from Cinestar,<ref>{{cite web|url=http://media247.co.uk/bizasia/newsarchive/2011/01/reliance_confir.php|title=Reliance confirms buyout of Imagine Showbiz|publisher=Biz Asia|date=2011-01-12|access-date=19 February 2011|archive-url=https://web.archive.org/web/20120308072424/http://media247.co.uk/bizasia/newsarchive/2011/01/reliance_confir.php|archive-date=8 March 2012|url-status=dead}}</ref> who had bought the entire 51 percent stake held by its JV partner Turner International.<ref>{{cite web|url=http://media247.co.uk/bizasia/newsarchive/2011/02/reliance_to_rel.php|title=Reliance to relaunch Imagine Showbiz channel|publisher=Biz Asia|date=2011-02-18|access-date=19 February 2011|archive-url=https://web.archive.org/web/20120308072433/http://media247.co.uk/bizasia/newsarchive/2011/02/reliance_to_rel.php|archive-date=8 March 2012|url-status=dead}}</ref> The acquisition by RBNL was to included a 100% purchase of Imagine Showbiz's [[shareholding]], along with other [[assets]] including [[intellectual property]] rights, music library, Bollywood content, technical expertise, including [[studios]] and equipment and the existing distribution network. Imagine Showbiz was to be renamed and repositioned as a full-on music channel.<br />
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==References==<br />
{{reflist}}<br />
<br />
{{New Delhi Television Limited}}<br />
{{Reliance Anil Dhirubhai Ambani Group}}<br />
<br />
[[Category:Reliance Group]]<br />
[[Category:Television stations in Mumbai]]<br />
[[Category:Music television channels in India]]<br />
[[Category:Hindi-language television channels in India]]</div>>Monkbot