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B4U seeks government nod to shift operations

15-February-2001
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B4U seeks government nod to shift operations

B4U Multimedia International Ltd., which manages the B4U channels in India, has sought necessary government permission to shift its operations to another company, B4U TV Network Ltd. The latter is promoted by UK-based Kishore Lulla, LN Mittal and Mukul Binani but excludes Shah.

The company, which holds the maximum number of rights for both terrestrial and satellite telecast of Bollywood content, has also drawn up expansion plans to take its various channels abroad, put together a direct-to-home TV platform and get into broadband activities envisaging an initial investment of about Rs 300 crore.

B4U, after launching its channels in South Africa recently, now has decided to take two channels on movies and music to Australia, New Zealand and Canada.

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