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Gurgaon News: MANAGEMENT CONSULTANTS KPMG have identified three possible partners for BBC Worldwide’s India foray. BBC is looking at launching more than five television channels in India and has engaged KPMG for studying the market and suggesting possible joint venture partners.

Sources said the possible partners identified are the Tata Group, the Mittals of Airtel and Mukesh Ambani’s Reliance Industries.

 
 

When contacted for their comments, a KPMG spokesperson said, “We do not comment on client matters.” The India spokesperson for BBC too did not offer a comment.

However, BBC Worldwide’s latest annual report says, “The Global Channels business is developing its strategy and partnerships in India with a view to launching channels in the region. The size and diversity of the territory offers exciting possibilities for future growth across all businesses.” Sources close to the development said the Tatas have been identified as the preferred joint venture partner in the KPMG report, followed by the Mittals and Reliance.

The sources could not, however, say if there are any more groups identified for this purpose.

Sources said that among the bouquet of channels, BBC would start a 24-hour news channel in English. While English is its prime interest, the British broadcaster is also interested in launching local language channels and may look at launching a vernacular channel at a later date. The model would be similar to the one used by CNN-IBN.

It has been reported already that Reliance Industries itself has decided to enter the television business and has drawn up plans to launch three channels, and is scouting for global as well as local partners.

 
 

Source: by hindustan times

 

 

 

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