New Delhi Television (NDTV) has approved the acquisition of the GoodTimes channel from Lifestyle & Media Broadcasting (LMBL) by way of slump sale on a going concern basis. The board has given its approval in a meeting held on September 19, 2025.
NDTV and LMBL have signed a binding term sheet to outline the transaction, which will be completed through a Business Transfer Agreement and ancillary documents. The acquisition has been undertaken on an arm’s length basis, backed by a valuation report from a registered valuer.
The deal has been structured at a lump sum consideration of up to Rs 18 crore on a cash-free, debt-free basis, with part of the consideration to be paid in television advertising inventory. The completion of the transaction has been expected within three months, subject to customary conditions precedent and statutory approvals from the Ministry of Information and Broadcasting.
