Eros Buys Stake In ANYTIME; Salora In Enable M
Fri, 12/01/2006 - 06:31 — Sahad P VHere are two deals in the digital and media space. Bollywood films distributor Eros International has picked up an undisclosed stake in ANYTIME, a Singapore-based video-on-demand channel. Eros and ANYTIME will form a joint-venture, which will be majority owned by Eros. This JV will deliver Hollywood movies on-Demand across digital platforms in India. They will also develop a Bollywood Video on-Demand channel that will be delivered across Asia Pacific. London-based Eros is promoted by Kishore Lulla, who also had a stake in B4U channel. [Via Contentsutra]
In another deal, Salora Group, part of the Rs 1,500 crore Jiwarajka family, has made an undisclosed invesment in a multilingual mobile content company Enable M. Salora - which is currently involved in the manufacture of colour TVs and dry cells through international JVs - has a fund to make investments in early stage ventures. [Via ContentSutra]



