When money–bags bite man, it’s not news
Interesting things are happening in the world of Indian media. Unknown to newspaper readers and television viewers, ownership of media houses is stealthily passing into the hands of big corporate houses. Traditionally, newspaper groups had been owned by big companies like the Birlas, Sahu Jains and Dalmias, but the latest trend involves a quiet takeover of some established media companies through buy-out-of-a-stake, the foreign institutional investor route, or a straight deal struck in distant London.

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