asianet

Apr 28, 2008

STAR in talks with Asianet, Mallya

A high-powered team from STAR TV, led by Paul Aiello and including Uday Shankar, Jagdish Kumar and Ajay Vidyasagar was ensconced in Bangalore on Friday and Saturday. It is reliably learnt that the team was in the IT city with two objectives. The first is to take forward the discussions with Rajiv Chandrasekhar for the takeover of Asianet’s non-news offerings. It is understood that the two have signed a Non-Disclosure Agreement as the talks progress.

Apr 10, 2008

STAR, Asianet in talks

STAR India is reportedly in discussions in an attempt to acquire a majority stake in southern satellite television broadcaster, Asianet Communications. According to sources, negotiations are underway between STAR India and the Rajeev Chandrashekhar-led Jupiter Entertainment, but both the parties have declined to comment as of now.  However, Campaign India understands that Star’s chief executive Paul Aiello was in Bangalore on Monday. The Star India team for the negotiations is spearheaded by Ajay Vidyasagar, president, content and new media, Star India.