It's Official: UTVi Inks Content Partnership With ABC; That TV-Web-Mobile Joke Again

Entities Mentioned

• Nikhil Pahwa
• Disney
• UTV Software
• Times Now
• Ronnie Screwvala
• Bindass
• Rashmi Bansal
• ABC news

1. Well, this certainly isn't a surprise, and more of an official confirmation of something that was reported over a month ago: Reuters (NSDQ: RTRSY) reports that Disney (NYSE: DIS) owned ABC News has struck a content deal with UTVi, the business channel from UTV promoter Ronnie Screwvala. Also, UTV Software will pick up 20 percent in UTVi, which gives Disney an effective 6.42 percent stake in UTVi by virtue of their 32.1 percent stake in UTV Software. We'd covered the implications of the hiving off of UTVi here. There was a mention then of a ... (Read Full Article)
   
   

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