Tribune Digital Ventures Singapore, an arm of US-based multimedia firm Tribune Company Inc., has acquired What’s On India Media, a Mumbai-based television guidance firm..The transaction is valued at $27 million (Rs.161 crore)..V Law Partners acted for What’s On India Media with a team led by Partner Vivek Daswaney..Trilegal advised Tribune Digital Ventures with a team led by Bangalore Partner Kosturi Ghosh..The deal also provides an exit to the existing investors of What’s On India, namely Nexus India, INTEL Capital and Sequoia Capital..This acquisition will help Tribune expand its TV listings and video metadata footprint to more than 50 countries in 30-plus languages, and reach more than 600 million pay TV subscribers, reports VCCircle.
Tribune Digital Ventures Singapore, an arm of US-based multimedia firm Tribune Company Inc., has acquired What’s On India Media, a Mumbai-based television guidance firm..The transaction is valued at $27 million (Rs.161 crore)..V Law Partners acted for What’s On India Media with a team led by Partner Vivek Daswaney..Trilegal advised Tribune Digital Ventures with a team led by Bangalore Partner Kosturi Ghosh..The deal also provides an exit to the existing investors of What’s On India, namely Nexus India, INTEL Capital and Sequoia Capital..This acquisition will help Tribune expand its TV listings and video metadata footprint to more than 50 countries in 30-plus languages, and reach more than 600 million pay TV subscribers, reports VCCircle.
