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The top players who had done due diligence but refrained from investing in India include Comcast Ventures, private venture capital affiliate of Comcast Corporation which invests in media and entertainment, Liberty Media, an American media conglomerate that invests in media and telecommunication, and Time Warner Cable, which focuses on investment opportunities that helps Time Warner meet its goals.
Also, private equity players such as Blackstone Group and Providence Equity Partners, a global private equity investment firm focused on media and entertainment that recently picked 17.3 per cent stake in cable distribution company Hathway Cable & Datacom, may want to have a share of the distribution space in India.
“India is the second-largest market for cable and DTH after China. All major players would want to come to India. Earlier, due to restrictions, we could not offer them majority control. This stopped players like Comcast and Time Warner from entering India. Now the roadblock is clear,” a top executive of a cable firm said.
However, industry insiders said the change would not take effect immediately and strategic investors would adopt a wait-and-see policy during the first phase of digitisation.
Read Complete Article : http://www.business-standard.com/in...-dth-players-to-be-in-waitwatch-mode-/486570/
Also, private equity players such as Blackstone Group and Providence Equity Partners, a global private equity investment firm focused on media and entertainment that recently picked 17.3 per cent stake in cable distribution company Hathway Cable & Datacom, may want to have a share of the distribution space in India.
“India is the second-largest market for cable and DTH after China. All major players would want to come to India. Earlier, due to restrictions, we could not offer them majority control. This stopped players like Comcast and Time Warner from entering India. Now the roadblock is clear,” a top executive of a cable firm said.
However, industry insiders said the change would not take effect immediately and strategic investors would adopt a wait-and-see policy during the first phase of digitisation.
Read Complete Article : http://www.business-standard.com/in...-dth-players-to-be-in-waitwatch-mode-/486570/