NBCU Could Buy 26% Stake In NDTV’s Entertainment Venture
By Anupama Chandrasekaran - Tue 24 Jul 2007 07:22 PM PST
NDTV is in talks with the US entertainment company NBC Universal for selling 26 percent stake in its upcoming entertainment business.[via PTI] NDTV Entertainment, a 100 per cent subsidiary of Prannoy Roy-promoted New Delhi Television (NDTV) that could be valued at up to $500 million, or over Rs 2,000 crore, is likely to launch its entertainment channel soon.
Posted in: JV & Investment, TV
