
Viacom Acquires 50% Stake in Indian Regional Networks
Viacom Inc. (Nasdaq: VIAB, VIA), today announced that it has acquired a 50% interest in Prism TV Private Limited for 9.4BN rupees (approximately $153M USD). Prism TV owns and operates regional entertainment channels in India, including ETV Marathi, ETV Kannada, ETV Bangla, ETV Oriya and ETV Gujarati …