Madison Media Plus, the sub-brand of Madison Media, has made some key changes in its senior level. Basabdutta Chowdhury has been elevated to the position of CEO, while Praveen Sharma steps in Chowdhury’s prior role as COO. The changes were confirmed by sources close to the development.
Repeated efforts to get an official comment on the development from the Chairman and MD of Madison Media Communications yielded no result.
It may be recalled that in November last year; Madison Media Group launched two new sub-brands besides the existing two. The Group now consists of four units -- Madison Media Alpha, Madison Media Sigma, Madison Media Infinity and Madison Media Plus.