etween January and October 2006, the entertainment and media industry in India witnessed a deluge of announcements. In the first eight months, 24 mergers and acquisitions (M&A;) deals were declared. Add to this private equity investment in nine media companies. Thirty three deals in just 10 months! What is happening in Indian media?

That the media business was booming is not to be disputed. What is interesting is how that boom has attracted investors to media companies like bees to honey. But what kind - strategic or financial - of investment does the investor prefer? Is it print or TV that is hot now? Or is it radio and the internet? The questions are many.... more