What does Gautam Adani’s partial takeover of NDTV mean for television news?
As Prannoy and Radhika Roy are founders of the leading Indian news network New Delhi Television (NDTV). Earlier this week, they resigned from RRPR, a holding corporation that owns 29 percent of NDTV, the news channel they founded. AMG Media Network, part of the $23-billion Adani Group, obtained RRPR, initiating an open offer for an additional 26 percent. When it receives the ultimate share, Chairman Gautam Adani, the world’s third-richest man, might own over 55 percent of one […]
