The unit is called eMarket and will be headed by Anshuman Misra and Pooja Dhamdhere
He has spent 14 years with Turner in Asia, and will step down as SVP and MD for networks and content distribution with effect from 12 October
Turner Asia Pacific Ventures (TAPV) has signed an agreement to buy NDTV's stake in NDTV Imagine, which is held through NDTV's subsidiary NDTV Networks plc.The total size of the transaction is $117 million (about Rs 546 crore).In an official statement, Anshuman Misra, managing director, Turner International India said, "Turner International has signed an agreement in principle to acquire 92% of NDTV Imagine, subject to regulatory and Time Warner board approval. We will provide complete details upon board approval."
In a bid to further strengthen its India operations, Turner has promoted and expanded the portfolio of two of its senior management personnel: Siddharth Jain and Monica Tata (pictured).
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins