TV
Today to absorb radio company; share swap ratio fixed TV
Today to merge group Co. Radio Today with itself; shareholders of Radio Today
to get 5 shares of TV Today for every 9 shares. (26
Oct 2007) Uday
Shankar promoted to Star India CEO, Jagdish Kumar made COO Star
promotes Uday Shankar to India CEO; Jagdish Kumar, senior V-P finance, elevated
to COO. (25
Oct 2007) WPP's
M Suku joins Reliance ADAG
Suku Murti, Regional Business Director ESP for WPP Media, has resigned and is
joining Anil Ambani's Reliance ADAG "in a group role".
(19 Oct 2007) Walt
Disney India appoints J&J's Mahesh Samat as MD The
Walt Disney Companyhas named Mahesh Samat as managing director.(25
Oct 2007) SREI
acquires 8% stake in Ortel
SREI Group picks up 8% stake in Ortel Communications; Orissa's leading MSO also
raises Rs 250 million debt to fund its expansion.
(20 Oct 2007) 9XM
soft launches
Music channel 9XM becomes first channel from the INX Media stable to get off the
block. (19 Oct 2007) ENIL
to raise Rs 5 bn for OOH biz; event management to move to new subsidiary company
ENIL's subsidiary Times Innovative Media to raise Rs 5 bn; to transfer events
biz to new subsidiary Alternate Brand Solutions.
(25 Oct 2007) Sun
TV Q2 net up 67% at Rs 802 million Sun
TV Network's Q2 net profit jumps 67% to Rs 801.6 million; total income at Rs 2.09
billion almost doubles from year-ago period.
(24 Oct 2007) Dish
TV Q2 net loss at Rs 919 million Dish
TV posts net loss of Rs 919.39 million for quarter ended 30 September 2007; sees
54 per cent quarter rise in subscriber growth. Network18
to invest Rs 350 million from rights issue in media sector Bahl's
Network18 to invest Rs 350 million in media & allied sectors out of the Rs
2 billion it proposes to raise from a rights issue.
(22 Oct 2007) Sab
TV appoints new programming & marketing head
Uditanshu Mehta joins as programming head of Sab TV; Abhishek Verma is marketing
head. (24 Oct 2007) |