Monday, July 07, 2008

Private equity pours into Indian media sector

July 4 - TelevisionPoint.com (India) - Do you know that 55% stake in INX Media is held by Temasek Holdings, New Silk Route Partners, New Vernon Private Equity Fund and Employee sweat equity.

Do you also know that the shareholding pattern of NDTV Networks includes Lehman Brothers, Goldman Sachs, CSFB and eight others, who jointly hold as much as 24% stake in it.

The Indian Media and Entertainment sector has never been a hot cake among PE investors. But of PE firms are showing great interest in the sector. Blackstone's 26% stake in Ushodaya Enterprise for $ 146 million, Chrys Capital's 27% stake in Hathway cable for $ 120 million, Shyam Equities' 20% stake in Independent News Service, holding company of India TV for $ 25 million are few examples. Read More.

No comments: