The Business Standard Monday reported that Multi Screen Media Pvt Ltd (MSM), which runs Sony Television in India, may acquire Ramoji Rao-owned Eenadu TV’s (ETV’s) bouquet of 11 regional channels, for around $500-600 million.
The deal if materializes will give Sony a nationwide regional platform. However, ETV’s 24-hour Telegu news channel, ETV2, will not be sold

Repro, the end–to–end education content delivery solutions provider in print and digital media for domestic and international customers, Friday announced the acquisition of the India printing operations of Macmillan Publishers India Ltd. (MPIL), the subsidiary of renowned UK-based publisher.
The deal to be inked by two entities also entails servicing the print requirements of MPIL in

In a deal on the NSE, US based T Rowe Price International sold its minority stake in Allied Digital Services Ltd (ADSL). The NSE pronouncement stated T Rowe had sold 1.03% stake in Allied Digital Services Ltd for Rs.5.36 crore through an open market transaction. T Rowe sold 477,789 shares on NSE through bulk deal

Bertelsmann AG has acquired a 55 per cent stake in India’s Maxposure Media Group India Pvt Ltd. The Germany based media firm undertook the investment via its subsidiary Gruner+Jahr (G+J) International Magazines. The Delhi-based Maxposure Media Group India is to be acquired from its promoters for Rs.7.6 crore. The deal values Maxopsure at Rs.13.82 crore.
The

The Press Trust of India (PTI) reported that US-based leading premium audio and infotainment solutions provider, Harman International Industries, plans to invest around $100 million over the next 3-5 years in India.  According to PTI, the move is aimed at increasing the firm’s footprint in India, a top company executive said.
The report indicated that Harman