TV 18, Turner sign deal for news channel

Turner International and Global Broadcast News (GBN), a TV18 group company, announced a partnership to launch a co-branded, 24-hour, English-language general news channel in India.

According to a release issued by TV 18 to the BSE today, Rajdeep Sardesai will spearhead GBN's foray into the general news space as the editor-in-chief of the service. "The co-branded service, CNN-IBN, will build upon the strong foundation of TV18's newsgathering experience and infrastructure in India, bolstered by CNN's eminent and extensive global news network," the release added.

GBN, a TV18 group company, is a 74:26 joint venture between the TV18 Group and Rajdeep Sardesai, Sameer Manchanda and Haresh Chawla, the release added.