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Disney Buys TV Channel In India

Jul 26, 2006, 7:49 AM
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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.

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