Speeple News Search

Sign Up! | Tags | Domains | Statistics | Options | Advanced Search

ACK Media To Invest $15-20 Million In Developing And Monetizing Content Across Platforms

contentsutra.com » 2007 » November » 29th » ACK Media To Invest $15-20 Million In Developing And Monetizing Content Across Platforms

Tagged: 466

Samir Patil, CEO of ACK Media which had recently acquired the rights to content from children's publications Amar Chitra Katha and Tinkle, has told VC Circle that they intend to invest $15-20 Million in the business. The company has a majority stake in the brands - of over 90 percent, and will be looking to raise funds for their expansion plans six months from now. Shripal Morakhia, founder of Continue Reading »


Latest news from contentSutra.com:

  1. Britain's ITN Source Buys 70 Years Of Asia News International Footage
  2. Sify Technologies Proceeds With Sify Communications Merger
  3. Walt Disney Completes UTV Software Open Offer; Ups Holding To 60 Percent
  4. Infibeam Acquires Photo Printing Portal Picsquare
  5. Jerry Yang To Step Down As Soon As Yahoo Board Finds Replacement

Latest news from contentsutra.com:

  1. M & A Star Buys Majority In Asianet; Forms JV With Rajeev Chandrasekhar
  2. Accel India Closes $60M Second Fund For Seed, Early Stage
  3. Accel India's Prakash: 'We Are Yet To See Slowdown In Business Plans We Receive'
  4. IMI Mobile Buying Digital Music Distributor DX3 For Euro Expansion
  5. DoCoMo Takes 26 Percent Stake in India's Tata Teleservices