Hyderabad, India-based Pressmart Media, a print-to-digital delivery service for newspaper company, from raising $6 million in its first round of funding from Draper Fisher Jurvetson and NEA IndoUS Ventures. The…

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For the last few weeks, Facebook users outside the U.S. and Canada could do the superior dance between rounds of Scrabulous. Access to Scrabulous, the Scrabble knockoff developed by Indian…

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The funding activity in India in digital media is picking up fast: Bangalore-based online DVD rental company Seventymm has received $12.5 million (Rs 50 crore) from NEA Indo US Ventures.…

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Reliance ADA, the scary-big Indian telecom/media/energy giant which is already making strides in Hollywood through its Dreamworks deal, has been looking for mobile content deals in U.S. for some time…

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True Games Interactive, an Orange Country, CA-based online multiplayer game developer, has sold an 80 percent majority stake to Indian media conglomerate UTV Software Communications… The acquisition has been done…

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Business publisher and event organiser United Business Media (LSE: UBM), which has aborted its courtship of Informa, says its decision to break tech publisher CMP in four has been proved…

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Updated: Bennett, Coleman & Co denies any such talks. BC’s UK subsidiary TIML spokesperson: “There is no truth in the rumours.” That’s that, for now. Original post: Is Indian media…

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The MovieBeam box just added a tenth life: The Indian tech-media group Valuable Group has bought out the assets of online and set-top box service MovieBeam. The acquisition includes all…

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With the U.S. ad market sputtering, domestic web publishers are discovering that there’s a big world out there. But for those who don’t have established ad sales teams in other…

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Bangalore, India-based online advertising network Ozone Media Solutions Pvt Ltd has received its first round of funding from IDG Ventures India. Kiran Gopinath, founder and CEO of Ozone Media confirmed…

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This story was written in conjunction with our content partner VCCircle... Expedia has acquired a majority stake in India’s top online hotels aggregator TravelGuru for $17 million. The deal values…

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Jivox, the developer of a self-serve video ad system, has raised a $10.7 million first round led by Opus Capital, along with Helion Venture Partners and other past backers. In…

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The New York Times Company (NYSE: NYT), through International Herald Tribune, is close to picking up a 5 percent stake in Hyderabad, India-based publisher Deccan Chronicle Holding (DCHL), according to…

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Indian media company Bennett, Coleman & Co, owner of Times of India newspaper, has made its biggest international buy: it has bought out UK’s Virgin Radio for about $106 million.…

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NBC Universal (NYSE: GE) has completed its stake buy in India’s TV conglomerate NDTV Networks, the companies have informed the local stock exhange. NBCU has taken an indirect stake in…

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From ContentSutra: Indian online portal company Rediff (NSDQ: REDF) has announced earnings of $32.25 million for the fiscal year ending March 31st 2008 (FY08), up 13 percent from the previous…

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It’s official—AOL (NYSE: TWX) now owns Bebo, closing the $850 million acquisition roughly two months after making it public. The social media network will not stand on its own; instead,…

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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…

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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…

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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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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…

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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…

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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…

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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?”…

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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…

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