Top Story

e4m_logo.png

Home >> Media - Others >> Article

Bennett, Coleman plans a host of tie-ups

09-April-2004
Font Size   16
Bennett, Coleman plans a host of tie-ups

Bennett, Coleman & Company is exploring strategic tie-up opportunities for various businesses in its portfolio including music label, music retail chain, radio, Internet, multimedia, newspapers and its newly proposed television business. The media conglomerate is also not ruling out a public issue, though not in the near future.

Vineet Jain, managing director, Bennett, Coleman & Company, said, “We are open to strategic alliances that will not only bring value in terms of money but will enable us emerge as a global media company.” “We are a cash-rich company at this point. However, we may in future go for an initial public offering (IPO) depending upon the business needs. We are not closed to the option,” Jain added. The group is finalising nitty-gritties with media group Dow Jones to launch Wall Street Journal in India.

Besides publications such as The Times of India, Economic Times, Navbharat Times, Maharashtra Times, Femina and Filmfare, the group houses entertainment and online media companies such as Radio Mirchi, Planet M— the music retail chain store, Times Music— the music label venture and Times Multimedia and Times Internet.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Ushering the launch with a campaign titled ‘The New Way to Get Rich’ showcasing how technology gets millennials closer to their financial dreams

Ogilvy and Love Matters conceptualised a campaign that aimed to change the conversation and imagery that is associated with the LGBTQ community and lesbians in particular