Date-wise News

Following months of speculation, NDTV and Turner finally announced their decision to enter a deal where Turner would acquire 76 per cent of NDTV Imagine for $67 million. This, combined with the subscription of fresh shares in the company for an addition $50 million, would take Turner’s stake in Imagine to over 90 per cent. NDTV officials inform that the activities of the last two months have made NDTV a “debt-free and a cash rich” company. This move also reiterates Turner’s aggression to be in this space in India.

Noor Fathima Warsia Dec 9, 2009 8:22 AM

HomeShop18, the Network18 Group’s online and on-air retail marketing and distribution venture, is investing $23.5 million to fund the growth of its business, partnering with GS Home Shopping Korea. In an exclusive conversation with exchange4media, Raghav Bahl, MD, Network18 Group, elaborates on this tie-up and future strategies of HomeShop18.

Nitin Pandey Dec 9, 2009 8:15 AM

NDTV has informed BSE that the company has, on December 8, 2009, entered into a conditional agreement with Turner Asia Pacific Ventures, Inc. (TAPV) for sale of most of its indirect stake in NDTV Imagine Ltd, which is held through its subsidiary, NDTV Networks Plc. The total transaction size is $117 million and involves a sale of 76 per cent of NDTV Imagine for a consideration of $67 million together with the subscription to fresh shares in Imagine by TAPV for $50 million.

exchange4media Staff Dec 9, 2009 8:12 AM

Veteran ad person Sunil Gupta’s much-awaited book, ‘Living on ‘Adge’ in Jhandewalan Thompson’, is set to be published by Roli Books on Thursday, December 10, 2009. Continuing with exclusive extracts from the book, in today’s extract, Gupta gives a hilarious account of the agency’s ECMs (National Executive Committee Meetings).

Sunil Gupta Dec 9, 2009 8:12 AM

Candid Marketing’s trade marketing division, UBIQ Trade Marketing, has recently undertaken in-shop branding for Videocon Digi World. The main objective is to create exclusive Videocon stores that would personify the brand image as well keeping the new look in mind.

Pallavi Goorha Kashyup Dec 9, 2009 8:11 AM

Big FM, the radio initiative from Reliance Media World Ltd, has entered into an alliance with the BBC World Service, wherein the FM player will take BBC’s entertainment updates across 32 of the network’s stations. Big FM listeners can now enjoy the BBC World Service programme’s like ‘Big BBC Minute’ and ‘Big BBC Mulaqat’.

exchange4media Mumbai Bureau Dec 9, 2009 8:10 AM

This week, veteran journalist Sandeep Bamzai takes an indepth look at the 2010 Commonwealth Games preparations and the various controversies surrounding it.

Sandeep Bamzai Dec 9, 2009 8:09 AM

Tata Tea, along with its creative agency Lowe, is taking forward its immensely popular Jaago Re anti-corruption campaign with an integrated communication approach. This involves a roadblock on the Star Network on December 9, 2009 and the Tata Tea Jaago Re Vrath Yatra – a 38-day bus journey across the country to connect with the youth.

Tuhina Anand Dec 9, 2009 8:08 AM