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Viacom Buys 50% Stake in India's PrismTV

Viacom International Media Networks has agreed to buy a half stake in Indian regional broadcast group Prism TV. The deal was struck between Nickelodeon Asia Holdings, and Shinano Retail. The remaining 50% interest will continue to be owned by Viacom’s partner the Network18 Group. http://goo.gl/kBcVR3 #EntertainmentBiz

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