Zee Entertainment (Zee) has announced the acquisition of the TV business of Reliance Broadcast Network (RBNL), which houses Big Magic (comedy genre GEC) and Big Ganga (Bhojpuri GEC) for an enterprise valuation (EV) of | 298.4 crore. The acquired entity also has four other TV licences that shall get transferred to Zee through the demerger scheme. The acquired channels had revenues of | 49 crore and | 37 crore in FY16...