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Friday, December 18, 2009

Monolithic U.S. Media ...now in India

According to FT, "Time Warner will take control of NDTV Imagine, a top five Indian general entertainment broadcast network, for $126.5m in the second deal of the year to expand the US media company’s international portfolio. The company that owns CNN, People magazine and the Warner Bros film studio media company, spun-off its troubled AOL internet division this month, and has said it aimed to increase its exposure in the Indian market, where it currently distributes television networks including the Cartoon Network, CNN and Pogo..."

Let's hope the end result is a little different, and more than one viewpoint is heard on the public airways.


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