Disney Buys TV Channel In India
Jul 26, 2006, 7:49 AM
Looking to further tap into the potentially lucrative Indian market, Disney will acquire a children's television channel in the heavily populated country. The acquisition of cable Hungama TV includes Disney taking an equity interest in Indian media company UTV Software Communications. Hungama is a 24-hour Hindi language cable network for kids. Disney already operates the Disney Channel and Toon Disney/Jetix in India.