The NDTV group and NBC Universal have closed a strategic partnership for the NDTV Networks business.By a subscription of shares for US $150 million, NBC Universal will now have an effective indirect stake of 26% in NDTV Networks PLC. NBCU has the option of raising their stake in two years, at the then fair market value, in the holding company of Networks PLC to 50% with NDTV group holding an equal 50% stake.
The NDTV group and NBC Universal have closed a strategic partnership for the NDTV Networks business.
By a subscription of shares for US $150 million, NBC Universal will now have an effective indirect stake of 26% in NDTV Networks PLC. NBCU has the option of raising their stake in two years, at the then fair market value, in the holding company of Networks PLC to 50% with NDTV group holding an equal 50% stake.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins
Nearly 59% of CMOs expect that in the next five years, their revenues will come from products, services, or businesses that don’t yet exist, finds Dentsu's 2024 CMO Navigator survey.
The internet has spoken about Jaguar's radical rebrand with mixed reviews. But what do industry experts think?
.jpg&h=268&w=401&q=100&v=20170226&c=1)
The Minimalist's GIF-inspired campaign for Hide & Seek captures Gen Z with humour, relatability, and everyday moments.
.jpg&h=268&w=401&q=100&v=20170226&c=1)
Real-time engagement through live streaming offers Indian advertisers a robust tool for deeper connections and data-driven campaign optimisation.
.jpg&h=334&w=500&q=100&v=20170226&c=1)
.jpg&h=268&w=401&q=100&v=20170226&c=1)
.jpg&h=268&w=401&q=100&v=20170226&c=1)
