Mumbai, Nov 8 (UNI) Media conglomerate Sahara One Media and Entertainment is set to acquire a majority stake in Media Worldwide.
Sahara is in the final stages of taking up a 51 per cent stake in the estimated Rs 45 crore entertainment company Media Worldwide, including its Music India, Sangeet Bangla and Sangeet Bhojpuri channels, sources said.
The acquisition will expand Sahara's rooster, which includes Hindi general entertainment channel (GEC) Sahara One, movie channel Filmy and world TV channel Firangi.
The group also runs a host of Hindi and city and region-centric news channels.
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