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

Related Articles

Just Published

2 days ago

Arthur Sadoun on ‘massively increasing gap’ on ...

Publicis CEO spoke to Campaign at Q2 results.

2 days ago

Agencies, read the room: Clients want more than ideas

The Marcom Avenue’s founder reveals seven hard truths clients wish agencies knew—beyond pitches, awards and buzzwords. Hint: Accountability, empathy, and business impact top the list.

2 days ago

Dentsu Lab in India trades innovation theatre for ...

With creative R&D under scrutiny, the newly-launched hubs promise low-risk, high-impact solutions that move beyond quick marketing hacks.

3 days ago

KIT Global pushes ‘minimum viable data’ for smarter ...

CEO Olga Dulinskaya explains why brands need less data, sharper personalisation, and unified platforms to navigate emerging markets.