Cavalcade Of Sports Media acquires EBC

CALIFORNIA: Cavalcade of Sports Media has announced that it has acquired Ethnic Broadcasting Company (EBC) and completed the second phase of its organisational restructuring. EBC broadcasts ethnic, minority programming in the US. The acquisition also includes the US affiliation with The Bollywood Channel and the joint venture between EBC and OASIS, the Oriental & African Strategic Investment Services Limited, for the structuring and financing of The Bollywood Channel.

While announcing the acquisition, President of Cavalcade Edward Litwak stated: "This completes the second phase of Cavalcade's structural reorganisation. We have now split the broadcasting into two separate divisions, one for the nostalgic sports programming and one for the ethnic programming," He also added, "We are extremely pleased to have acquired the U.S. affiliation for the programming of The Bollywood Channel and the relationship with OASIS. We will be meeting with OASIS to finalise the joint venture's plans. This will permit OASIS to move forward with their investors and the Bombay-based content providers. At the same time, we expect to complete the negotiation of two related acquisitions and complete the management structuring of The Bollywood Channel."

Last month, the company had announced that it would be expanding its business plan by dividing the Companys operations into two divisions. One division would be the historical nostalgic sports programming, which also happens to be the Company's forte. The new division will provide ethnic, minority programming in selected markets. The new division has been in development for several months.

Cavalcade of Sports Media is a developmental stage company engaged in the nostalgic sports entertainment business. Its goal is to broadcast nostalgic sports content 24 hours a day, 7 days a week, to cable and satellite providers as a digital network programming provider. The Cavalcade library includes vintage sporting events and coverage dating back to the 1940's, with 10,000 hours of programming available to the company.

Latest Reads
Four news genres saw no change in BARC week 2

All the four genres apart from Hindi news urban market saw no change in second week of the year. Aaj Tak continued to groove on the same tracks in the rural, urban and U+R genres as it did the previous year. India TV and News18 India interchanged their positions in the Hindi news urban market.

Television TV Channels Viewership
Sony Entertainment Television leads urban areas in week 2 of BARC

Sony Entertainment Television jumped to second position to fifth position as compared to the previous week in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 2 of 2018. Zee Anmol retained its first position in the rural market. Sony Entertainment Television and...

Television TV Channels Viewership
Aaj Tak becomes the world’s first News Channel to be awarded YouTube’s ‘Diamond Play Button’

India’s No.1 news channel Aaj Tak creates history yet again! The prestigious ‘Diamond Play Button’ bestowed by YouTube, recognises Aaj Tak as the global no.1, the first and the only news channel in the world to have crossed the 10 Million Subscriber mark.

Television TV Channels News Broadcasting
News18 India launches campaign; asserts channel’s leadership

News18 India, Network18’s general Hindi news channel, recently launched a campaign with a humorous and quirky film to drive home its leadership position in the crucial primetime band in the highly competitive Hindi TV news segment.

Television TV Channels News Broadcasting
Join Drac’s Pack on their cruise as &flix presents its next #FlixFirstPremiere ‘Hotel Transylvania 3: Summer Vacation’

It is seldom that you get to see the hilarious side to a monster trying to get himself a date with the help of a technological app like Siri! Have you ever seen a monster film that is full of fun, frolic, laughter, romance and adventure?

Television TV Channels English Entertainment
9XM On Stage with Salim Sulaiman

To celebrate the Republic Day week, 9XM - India’s most popular Bollywood music destination announces the launch of 9XM On Stage a splendid musical night created in honour of the Indian Armed Forces.

Television TV Channels Music and Youth
Prime Focus joins hands with Pritam and Kwan to create JAM8

Integrated media services company Prime Focus Ltd has announced its collaboration with Jam8, a musical platform founded by Indian music composer/director Pritam, and KWAN, a talent management company to serve as a 360-degree creative solution provider for the M&E industry.

Television Production House Film Production
Star Movies Kids is the new kid on the block

A few years ago Star India decided to hive off some bits of its repertoire and focus exclusively on its main GEC Star Plus and the emerging sports scenario. Surprisingly, the channel is now taking a new turn by targeting the youngest viewers. As per industry sources, the Uday Shankar-led network is...

Television TV Channels Kids
Zapak and Cartoon Network India partner to launch ‘Ben 10 - Alien Run’ mobile game

Anil D. Ambani led Reliance Entertainment’s Zapak, India’s leading Gaming Destination, in association with Cartoon Network India, rings in the New Year with an epic launch for fans and gamers alike, with Ben 10 - Alien Run Mobile Game.

Television TV Channels Kids

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories