Advertising giant Publicis Groupe has plans to boost its investment in India to strengthen its position against its arch rivals like WPP and Omnicom.
Jean-Yves Naouri, chief operating officer of…
Tags: India Share market, India Shares
Media Sector
A new joint venture company is formed by Zee Entertainment and Star India, named as Media Pro Enterprise India which will equally share distribution. It is expected that with this move, distribution process of television channel in India will take a new turn. It will also create efficiencies in value chain and address piracy issues.
Tags: India Share market, India Shares
It has been informed that Reliance Broadcast Network Limited has proposed a Joint venture deal with Luxembourg-based RTL Group. Reliance Broadcast Network Limited was earlier known as Reliance Media Work Limited. RTL Group operates Radio stations and Television Channels in 10 countries for buying or operating television channels.
Tags: India Share market, India Shares
Over the issue of eroding social responsibility and ethics in the new look, new age Indian media the press council of India has raised certain concerns.
The PCI specifically raised concerns on the paid form of news as it was threatening the existence of democracy. It also suggested that the current system of having monopoly rights over media should be thought over again and possible be made extinct.
Tags: India Share market, India Shares
