India

It’s Official: Live Current Media Bags Rights To IPL Portal For $50 Million - 0 Comments
Posted By Nikhil Pahwa - Thu 17 Apr 2008 10:44 AM PST

From our India site ContentSutra: So here’s the official announcement regarding Canadian company Live Current Media’s deal with the Indian Premier league, for cricket, which we had told you about…

MySpace Officially Launches In India; COO Kapur: No Exclusivity With News Corp - 0 Comments
Posted By Nikhil Pahwa - Thu 17 Apr 2008 10:35 AM PST

Yesterday, MySpace CEO Cris DeWolfe launched the South Korean version of MySpace; today, COO Amit Kapur is in Mumbai officially launching MySpace India, which has been live since January. Unlike…

AOL Sells Its Last Call Center To Aegis - 0 Comments
Posted By Nikhil Pahwa - Tue 01 Apr 2008 08:18 AM PST

So it has finally happened: AOL (NYSE: TWX) has sold its call center operations in India to Aegis BPO Services, a part of the Essar Group, reports ET. The acquisition…

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Disney Buys Stake In India’s UTV: Ups Stake To 32.1 Pc For $200M - 0 Comments
Posted By Nikhil Pahwa - Mon 18 Feb 2008 01:27 AM PST

Update: Looks like Reuters (NSDQ: RTRSY) got it wrong: I just spoke to a UTV spokesperson, who told me that Disney’s open offer to UTV Software shareholders is a part…

George Soros Picks Up 3 Percent Stake In India’s Reliance Entertainment For $100 Million - 0 Comments
Posted By Nikhil Pahwa - Thu 07 Feb 2008 06:32 AM PST

George Soros has picked up 3 percent stake in Reliance Entertainment, the media and entertainment company of the India’s Reliance ADA Group (ADAG) for $100 million, valuing the company at…

India Deals: eBay Sells Stake In Indian Ops; Bharatmatrimony Gets $11.75 Million From Yahoo & Others - 0 Comments
Posted By Nikhil Pahwa - Tue 05 Feb 2008 09:57 AM PST

Two major Indian Internet deals today, covered in details on ContentSutra: -- eBay Sells Stake in Indian Arm: Kijiji India, the Indian site for eBay (NSDQ: EBAY) classifieds, will now…

Reuters’ Indian Media Joint Venture Headed For A Split? - 0 Comments
Posted By Nikhil Pahwa - Wed 23 Jan 2008 12:30 PM PST

Well, the rumor has been around for a while now - I first heard about it in December, but was unable to confirm it; “Why break off a successful partnership?”…

It’s Official: NBC Universal Picks Up 26 Percent Stake In NDTV Networks For $150 Million - 0 Comments
Posted By Staci D. Kramer - Tue 22 Jan 2008 06:55 AM PST

As our sister site ContentSutra confirmed Jan. 2, NBC Universal (NYSE: GE) is taking a major stake in the UK subsidiary of Indian media company NDTV. The price tag: $150…

Financial Info Site Hemscott Sold To Morningstar For $51.6 Million - 0 Comments
Posted By Rafat Ali - Wed 09 Jan 2008 11:48 AM PST

We missed this one during holidays in December: Investment research firm Morningstar has bought out UK-based financial information and news firm Hemscott, from Ipreo Holdings for $51.6 million in cash,…

NBC Universal Taking Major Stake In India’s NDTV for ‘Nine Figure Sum’ - 0 Comments
Posted By Rafat Ali - Thu 03 Jan 2008 01:00 PM PST

From our India site ContentSutra: NBC Universal (NYSE: GE), through its international arm, is taking a major stake of around 30 percent in NDTV’s UK arm, ContentSutra has learned. This…

Indian Deals: DQ’s IPO; Naukri’s Raise and Investment; ACK Media Buys Animation; TravelGuru Acquires - 0 Comments
Posted By Nikhil Pahwa - Fri 21 Dec 2007 06:54 AM PST

A slew of activity on the M&A/VC/IPO front in India, and detailed coverage on our India site ContentSutra: -- DQ Entertainment Raises $56 Million From London’s AIM: DQ Entertainment (DQE),…

FXLabs Acquires Casual Gaming Aggregator Knibble For $3 Million - 0 Comments
Posted By Joseph Weisenthal - Mon 17 Dec 2007 03:49 PM PST

FXLabs, a Hyderabad, India-based gaming and animation company, has acquired IMT Inc., the parent company of the Knibble casual games portal, for $3 million. Knibble has a collection of 10,000…

Indian Ad Holding Company Ybrant Buys Europe’s Oridian - 3 Comments
Posted By David Kaplan - Thu 06 Dec 2007 04:55 PM PST

Digital marketing firm Ybrant Technologies has bought Oridian, an online ad agency headquartered in Europe with offices in the U.S. and Latin America. Financial terms were not disclosed. Our sister…

Deals Roundup From India - 0 Comments
Posted By Rafat Ali - Wed 21 Nov 2007 09:54 AM PST

Some latest VC and M&A deals from India, through our ContentSutra site: -- HT Media Buys Social Networking Site DesiMartini -- ACK Media Acquires Amar Chitra Katha And Tinkle For…

Online Video Service Tinselvision Gets $3 Million Second Round - 0 Comments
Posted By Nikhil Pahwa - Tue 20 Nov 2007 02:13 PM PST

A fresh influx of more than $3 million in funding for Tinselvision, an online VOD service targeting South Asian communities in the US, UK and Canada, has been led by…

WPP Buys 75 Percent Of Indian Online Ad Agency Quasar - 0 Comments
Posted By Rafat Ali - Mon 19 Nov 2007 08:55 AM PST

WPP, the global ad agency holding company, is buying a 75 percent stake in Indian online media agency Quasar Media. This puts to rest the speculation that has been on…

Next Week: Coverage From The Fortune Global Forum In Delhi - 0 Comments
Posted By Rafat Ali - Thu 25 Oct 2007 11:32 AM PST

Besides our own conference next week (and many others), Fortune is organizing its big global conference in India this year (last year was China). We will have relevant media-related coverage…

Earnings: Sify’s In Losses In Q3; Legal Expenses Against Yahoo India Piling Up - 0 Comments
Posted By Rafat Ali - Wed 24 Oct 2007 01:15 PM PST

From our India site ContentSutra: Indian portal and tech company Sify reported its Q3 earnings today (traded on Nadsaq), and its revenues were $37.02 million, up 6.4 percent from the…

Earnings: Google Execs Talk Online Ads, MySpace, Spectrum, More - 0 Comments
Posted By Staci D. Kramer - Thu 18 Oct 2007 03:30 PM PST

A kitchen-sink kind of call for Google (NSDQ: GOOG) for its expectation-beating Q307 results. Some of the points that stood out: MySpace: Sergey Brinn said Google has been “very pleased”…

This Weekend: In NYC For SAMMA Conference - 2 Comments
Posted By Rafat Ali - Fri 28 Sep 2007 05:51 AM PST

I am in NYC today and tomorrow for the South Asians in Media and Marketing Summit 2007 at NYU. Since I happen to be one, I am moderating a panel…

Indian Local Search Firm Four Interactive Gets $10 Million In Second Round - 0 Comments
Posted By Nikhil Pahwa - Thu 27 Sep 2007 11:23 AM PST

Four Interactive, a Bangalore-based online local search company has received $10 million in second round of funding from Lightspeed Venture Partners, Silicon Valley Bank and Matrix Partners India. The company…

Competition Between Corporate VCs And Traditional Funders Heats Up - 0 Comments
Posted By David Kaplan - Tue 04 Sep 2007 05:03 AM PST

Increased activity from the corporate investment arms of companies such as Google (NSDQ: GOOG), Intel (NSDQ: INTC), Motorola (NYSE: MOT), Cisco (NSDQ: CSCO) and more recently Yahoo (NSDQ: YHOO) are…

Indian IPTV Firm Time Broadband Gets Investment From Dubai Group; Sells 40 Percent Stake - 0 Comments
Posted By Nikhil Pahwa - Thu 23 Aug 2007 12:00 PM PST

From ContentSutra: The Dubai Investment Group has picked up 40 percent state in Indian IPTV company Time Broadband via their subsidiary Dubai Ventures. Now, last year, Time Broadband Co-founder and…

Indian Company Nimbus Bags Worldwide Digital Rights For English Premier League - 0 Comments
Posted By Nikhil Pahwa - Mon 13 Aug 2007 08:10 AM PST

Nimbus Sports, an Indian sports broadcaster, has been awarded internet and mobile rights for the English Premier League (EPL) for over 80 countries till 2010. The deal covers 1140 EPL…

Broadband Content Bits: Yahoo Rocket; Hong Kong-Olympics; Skype Videos - 0 Comments
Posted By Robert Andrews - Wed 08 Aug 2007 04:26 PM PST

-- Yahoo: Rocket Science Laboratories, the production company behind reality TV shows such as Temptation Island and Joe Millionaire, has signed a non-exclusive, first-look programming deal with Yahoo. The deal…