TVASIA
Viacom Buys 50 Percent Stake in Indian Networks Group Prism TV
NEW YORK/MUMBAI: Viacom has acquired a 50 percent interest in Prism TV, which owns a number of regional entertainment channels in India, for 9.4 billion rupees ($153 million). The remaining 50 percent interest in Prism TV will continue to be owned by the Network18 Group, Viacom's partner in the Viacom18 joint venture. The networks encompassed …
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