In July, 2006, Disney India acquired a controlling stake in Hungama TV from UTV Software Communications while also taking a 14.9% share in UTV. In early 2006, he was promoted to chief operating officer of the channel. In March, 2005, one of the UTV founders, Zarina Mehta became Hungama's head of programming. In 25th September, 2004, Hungama TV started broadcasting as the first domestic kids channel in India. Rs 100 crore was the expected initial investment with expectations of break even in three years. Chief Operating Officer Purnendu Bose was hired and was expected to hire 100 employees for the channel. The company was formed to launch an Indian kids channel. UTV and Ronnie Screwvala formed United Home Entertainment with 51% and 49% ownership interests, respectively.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |