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Time Warner may buy stake in NDTV Imagine

Turner Broadcasting, a company owned by Time Warner, might buy a majority stake in general entertainment channel (GEC) NDTV Imagine.

According to reports in the media, the Turner Broadcasting-NDTV Imagine negotiations have reached a conclusion, and Turner, which also owns GEC Real, could buy as high a stake as 90 per cent in NDTV Imagine.

This could be considered a good move, since Real was at the bottom of the channel heap, which is currently lead by Colors and followed by Star Plus, Zee TV, Sony, and NDTV Imagine.

Source: Buz 18

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