Turner
shutters Imagine TV
Turner finds it unviable to compete in the cash-guzzling
Hindi GEC space where its channel is consistently on
the bottom part of the ratings ladder.
(12 april 2012)
Murdoch
set to exit TV news biz in India
Star to sell its 26% stake in MCCS, the company that
runs 3 news channels, as it decides to part from JV
partner ABP; not to look at any partner including NDTV
till FDI is upped.
(7 april 2012)
Sony
Pictures to acquire 30% stake in Maa Network
Sony Pictures signs LOI with the majority shareholders
of Maa, which operates four Telugu channels; this will
mark Sony's entry into southern language.
(9 april 2012)
Haresh
Chawla to join India Value Fund on 1 June
Former Network18 Group CEO Chawla to join the private
equity fund as India partner from 1 June; to build and
scale up businesses owned by IVFA across sectors.
(10
april 2012)
TV
Today scrip up 15% on market buzz of Birla Group taking
stake in promoter company
TV Today Network shares climb 15.23 per cent on market
buzz that Aditya Birla Group is picking up 25 per cent
stake in Living Media India.
(9 april 2012)
Zee:
Ranga to head content, Keni to oversee production biz
Zeel creates two new positions; Bharat Ranga to be head
of content and Nittin Keni to head production business
including setting up studios.
(7 april 2012)
IPL
unveils global broadcasters
Australia and New Zealand only major markets not showing
5th season of IPL; Neo to air in US, ITV4 in UK, Pehla
in ME and Super Sport in SA.
(6 april 2012)
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