This is not exactly digital media. But cannot ignore so many deals. In FM radio space, I mean. Close on the heels of BBC taking a stake in Mumbai-based Radio Mid Day, India Today group-owned Red FM has been sold off to a clutch of investors including NDTV and Malaysia’s Measat.
Read both the stories here:
Red FM bought by NDTV, other investors
BBC Worldwide to invest Rs 318 million in Radio Mid Day; stake not finalised
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