Top Story

e4m_logo.png

Home >> Media - TV >> Article

Scripps Network acquires 69 pc stake in NDTV Lifestyle

20-November-2009
Font Size   16
Share
Scripps Network acquires 69 pc stake in NDTV Lifestyle

New Delhi Television Ltd (NDTV) on November 19, 2009, informed BSE that NDTV Group and US media company Scripps Networks Interactive Inc., had reached a definitive agreement to create a strategic alliance for lifestyle channels in India.

The proposed transaction will result in Scripps Networks Interactive acquiring 69 per cent of NDTV Group’s lifestyle programming subsidiary, NDTV Lifestyle Ltd. NDTV Lifestyle is anchored by English-language lifestyle television channel NDTV Good Times. NDTV Group will retain the remaining 31 per cent stake in the joint venture.

It is learnt that Smeeta Chakrabarti, CEO, NDTV Lifestyle, would continue to remain CEO of the venture.

In addition to operating NDTV Good Times, Scripps Networks Interactive and NDTV Group are contemplating launch of other lifestyle television channels through the NDTV Lifestyle partnership.

Scripps Networks Interactive is one of the leading developers of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion websites and broadband vertical channels. The company’s media portfolio includes: Lifestyle Media, with lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine Living Network (FLN) and country music network Great American Country; and Interactive Services, with leading online search and comparison shopping services BizRate and Shopzilla.

Tags

Speaking with exchange4media, Rishi Darda, Joint Managing Director and Editorial, Lokmat Media Group shared his vision for regional publications and the impact of IRS 2017 on the print industry.

Nisha Narayan, COO & Director, RED FM & Redtro and CEO, Digital Radio (Mumbai) Broadcasting Ltd, shares her insights on how radio is a powerful medium in terms of advertising and what can be done to take it to the next level

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Bhasin on the checks and balances of new IRS, methodology with new companies like Vedsur on board, interpreting the data and why it’s not fair to compare with previous data

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Backed by four properties including the first test match between South Africa and India of Freedom Cup, Sony Ten 1 continued to lead Top 5 channels in 2018’s second week (January 6-12)

Vijay Shekhar Sharma stated that this is the right time to create an Indian model which would be the envy of the world