News

Scripps Network Interactive ventures into India

Scripps Networks Interactive Inc. has partnered with Indian broadcaster NDTV Group in a strategic alliance where Scripps Networks Interactive acquires 69% of NDTV Group's lifestyle programming subsidiary, NDTV Lifestyle, and NDTV Group will keep a 31% stake. NDTV Lifestyle is anchored by the award-winning channel NDTV Good Times, India's top-ranked English-language lifestyle television channel. The $55 million agreement is expected to be completed by the end of the first quarter 2010. NDTV Lifestyle's CEO Smeeta Chakrabarti will continue on as CEO. Scripps and NDTV Group are considering the launch of other lifestyle television channels through the NDTV Lifestyle partnership.
November 19, 2009

Scripps Networks Interactive Inc. has partnered with Indian broadcaster NDTV Group in a strategic alliance where Scripps Networks Interactive acquires 69% of NDTV Group’s lifestyle programming subsidiary, NDTV Lifestyle, and NDTV Group will keep a 31% stake. NDTV Lifestyle is anchored by the award-winning channel NDTV Good Times, India’s top-ranked English-language lifestyle television channel. The $55 million agreement is expected to be completed by the end of the first quarter 2010. NDTV Lifestyle’s CEO Smeeta Chakrabarti will continue on as CEO. Scripps and NDTV Group are considering the launch of other lifestyle television channels through the NDTV Lifestyle partnership.

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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