Viacom In Talks To Pick Up 50% In Sahara One

The Economic Times: Global entertainment and media giant Viacom is close to picking up 50 per cent stake in Sahara One Media & Entertainment, an India TV network plus movie production house. The deal could be valued at about $88 million, says the report. If it goes through, this could be Viacom’s entry point to the daily soaps (through 24-hour Hindi entertainment channel Sahara One) and bollywood (through Filmy channel and movie production house). Viacom owns properties such as CBS, MTV and Paramount Pictures.

Comments have been disabled for this post