Campaign India Team
Feb 16, 2015

ENIL acquires TV Today Network's radio business

TV Today has seven radio stations branded under 'Oye FM'

ENIL acquires TV Today Network's radio business
Entertainment Network India (ENIL) has entered into a non-binding memorandum of understanding with TV Today Network in relation of the acquisition of Oye FM. ENIL will purchase all seven channels under the TV Today Network banner.
 
ENIL currently operates 'Radio Mirchi' in the radio industry. 
 
The sale is subject to fulfillment of the contractual obligations (which may be agreed between the parties) and receipt of all necessary regulatory approvals including permissions from the Ministry of Information and Broadcasting, Government of India, informed a statement from TV Today.
Source:
Campaign India

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