8 December 2008

Realty TV check: Indian broadcasters in mounting losses

So it seems controversy is an expensive thing as well.

Media is a costly business, and like aviation,investors love it for the feel and prestige...money is just a pretension. A lot of funds ( I suspect) take strategic stakes in media companies because it offers a lever of sorts (conspiracy theories, anyone?). Anyway, here is a story on how broadcasters are in a crunch.

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