Date-wise News

Angel investor picks up stake in AutoIndia.com

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Autoindia.com has received a round of investment from Babu Sivadasan, who was the founding Chief Technology Officer for a few start-up companies, including Stamps.com, and is currently serving as the EVP of Engg. The proceeds from this round will be used to continue to strengthen the company’s leadership position.

e4m Desk Jan 17, 2008 6:49 AM

HBO Inc picks up majority stake in HBO Asia

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HBO Inc, the subsidiary of Time Warner, has taken a majority stake in its Asian joint venture company, HBO Asia. Earlier, the HBO Asia division was jointly held by HBO, NBC Universal, Paramount Films and Sony Pictures Entertainment. According to the new equity structure, HBO Asia will now be owned by HBO and Paramount.

e4m Desk Jan 17, 2008 6:48 AM

India’s ad spends grew 3.5 pc at Rs 17,356 crore in 2007: Lintas Media Guide 2008

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Lintas Media Group has launched its annual offering, Lintas Media Guide 2008. Print continued to hold a major share of 50 per cent of the total media spends; Internet saw an increase in ad spends. Radio, cinema, and outdoors, on the other hand, capitalised on innovations and saw an increase of 28 per cent, 16 per cent and 17 per cent, respectively. TV ad revenues showed a decline of 0.8 per cent reaching to a figure of Rs 6,766 crore.

exchange4media Mumbai Bureau Jan 17, 2008 6:40 AM

Reality Check: Indian advertising – the promise is there, but falters near the winning line

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While there is a lot of hype about the India growth story and the coming of age of Indian advertising, at least on the recognition through international advertising awards, India doesn’t appear to score on many platforms – whether it is One Show, Clio or even the Cannes Lions for that matter. exchange4media.com does a reality check on India’s standing on the world map, and the way forward.

Rishi Vora Jan 17, 2008 6:36 AM