'Indian media needs the next Raghav Bahl or Prannoy Roy'

More people from the content side should be running the business of media if the industry has to grow, Bloomberg's Parry Ravindranathan tells Vanita Kohli-Khandekar. IMAGE: Prannoy Roy, centre,......

Murdoch on the front foot, to buy ESPN stake in JV

After months of speculation, Rupert Murdoch's 16-year-old equal joint venture (JV) with sports broadcaster ESPN has broken up. STAR will buy out ESPN's 50 per cent equity stake in the JV, ESPN-STAR......

Aditya Birla Group acquires stake in Living Media India

The Aditya Birla Group on Friday announced it had acquired 27.5 per cent stake in the Aroon Purie-controlled Living Media India, marking an entry into the media business.Living Media acts as a......

R-Cap in talks to buy majority stake in Bloomberg UTV

Reliance Capital is in talks with UTV founder-promoter Ronnie Screwvala to scale up its stake in UTV News Ltd much beyond the 18 per cent it holds at present.UTV News Ltd runs English business......