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Zee Entertainment Enterprises acquires controlling stake in ETC Network

Posted on December 24th, 2009 in Company News, India Shares, Media Sector, Mumbai, Zee Entertainment

Zee Entertainment Enterprises Ltd., the largest producer and aggregator of Hindi programming in the world has approved the merger with ETC Network's broadcasting business and Cornershop Entertainment Company in order to consolidate its entertainment business.

The executive vice president of corporate strategy and business development of Zee, Mr. Atul Das has informed that the company is planning to separately run its education division and list it on the stock exchanges in the future.

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