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Cyril Amarchand Mangaldas is advising New Delhi Television Limited ("NDTV") on the acquisition of the 'Goodtimes' channel from Lifestyle & Media Broadcasting Limited.
The transaction is led by Jay Parikh (Partner), with support from Saranya Lal (Senior Associate) and Yashaanki Kora (Associate).
The Digital+ team comprising Pooja Kapadia (Partner) and Diksha Arora (Associate) is assisting on media and regulatory aspects of the transaction.
Swati Sharma (Partner, Head - Intellectual Property); with support from Andri Shukla (Senior Associate) is assisting on intellectual property aspects of the transaction.
The GoodTimes channel operates in the broadcasting and programming sector with a focus on lifestyle-oriented content, including entertainment, fashion, food and travel.
This acquisition will strengthen NDTV's strategic positioning in the broadcasting industry, diversify and expand its operational capabilities and enhance long-term stakeholder value.
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