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RP-Sanjiv Goenka Group in talks with Living Media to pick majority stake

Shantanu

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the RP-Sanjiv Goenka Group has interests in media through its media venture Open Media Network that runs the weekly current affairs and features magazine Open. The Group, which owns premium brands such as SaReGaMa, Spencer’s and Au Bon Pain, has assets in excess of Rs 31,000 crore. It has diverse business interests in industries like Power and Natural Resources, Carbon Black, Retail, Media, IT, Education and Entertainment and Infrastructure.

Living Media acts as a holding company and owns 57.2 per cent stake in TV Today Network. The listed company controls its broadcasting assets, including Aaj Tak and Headlines Today, and also operates its publishing business, which includes a host of magazines such as India Today.

Is RP-Sanjiv Goenka Group in talks with Living Media to pick majority stake? - Multiple sources privy to the development informed Best Media Info t...
 
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