July 23, 2014 9:56 PM ET

Industrial Conglomerates

Company Overview of Living Media India Limited

Company Overview

Living Media India Limited operates as a media conglomerate company. The company, through its subsidiaries, offers music recording and production; magazines publishing; and newspapers and periodicals printing services. It also owns and operates Music-today.com that retails Carnatic, semi classical, devotional, Sufi, folk, and regional music. The company owns and operates news channels and radio stations. Living Media India Limited was incorporated in 1962 and is based in New Delhi, India.

5th Floor

Videocon Tower

E-1 Jhandewalan Extension

New Delhi,  110055

India

Founded in 1962

Phone:

91 11 2368 4800

Fax:

91 11 2368 4828

Key Executives for Living Media India Limited

Group Chief Executive Officer
Chairman and Editor in Chief
Consulting Editor of Business Today and Chief Executive Officer of SBU
Chief Executive Officer of Lmi-Hearst Joint Venture
Publishing Director
Compensation as of Fiscal Year 2014.

Living Media India Limited Key Developments

Living Media India Limited Forms JV with Hearst Corp; Appoints Sanjay Thapar as CEO of the Joint Venture

Living Media India Ltd. has formed a joint venture with Hearst Corp. to publish print and digital lifestyle magazines for the Indian market. The joint venture will publish magazine titles from Hearst as well as other publishers. The joint venture will be headed by Sanjay Thapar as CEO, who will be responsible for supervising all the editorial, business and staff of this joint venture. He will be reporting to Ashish Bagga. Prior to this, Thapar was serving as the Group CEO of WPP's creative agency Bates India.

Anil Mehra Retires as Whole-Time Director of Living Media India Limited

TV Today Network Ltd. announced that Mr. Anil Mehra, non-executive Director of the company, has retired as Whole-time Director of Living Media India Limited, with effect from June 1, 2013.

Aditya Birla Group Reportedly Eyes To Raise Stake To 51% In Living Media India

Aditya Birla Management Corporation Pvt Ltd. (Aditya Birla Group) is looking to increase its stake in Living Media India Limited to 51%, sources familiar with the developments said. Aditya Birla Group acquired 27.5% stake in Living Media in May 2012. Aditya Birla Group and Living Media officials have denied any such move. The insiders said discussions were at an advanced stage. Some even said the deal had already been signed, though that could not be verified. The funds will be used to help the unlisted Living Media to retire its debt.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 6, 2013
Integrated Databases India Ltd.
 

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