Chernin takes stake in Endemol India

Deepak Dhar upped to chief exec

LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India.

The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello said, “This is our largest investment in Asia to date.”

Endemol India managing director Deepak Dhar has been upped to chief executive.

Since it was set up in 2006, Endemol India has produced several hit shows including local versions of “Big Brother,” “Fear Factor” and “Deal or No Deal.” The shingle intends to enter film production and expand its scripted series business.

Endemol Group CEO Just Spee said, “India represents a significant opportunity for Endemol and our collaboration with CA Media strongly positions us to become the region’s largest content producer.”

Chernin has also teamed with Indian digital company Zodius to acquire a minority stake in India’s Only Much Louder, a company that targets youth through music festivals and web content. It produces music shows for MTV India via its production division Babble Fish.

India is the third largest TV market in the world after the U.S. and China with 146 million TV households. The TV industry was worth $6.2 billion in 2011 and is poised to grow 17% a year to reach $14 billion by 2016, according to a KPMG report.

More TV

  • Charlie Rose Sexual Misconduct

    Charlie Rose's Walter Cronkite Award Revoked by Journalism School

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

  • Peter Baldwin

    Emmy-Winning TV Director Peter Baldwin Dies at 86

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

  • THE 91ST ANNUAL MACY'S THANKSGIVING DAY

    NBC Feasts on Strong Turnout for Thanksgiving Day Parade, Football

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

  • imagine dragons

    Imagine Dragons Rules TV Ads With 'Believer,' 'Thunder'

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

  • Jon Barnthal Remote Controlled Podcast

    Remote Controlled: 'The Punisher' Star Jon Bernthal on Why the Role Scared Him

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

  • Hakeem Kae-Kazim to Play Cesil Colby

    Hakeem Kae-Kazim to Play Cesil Colby in ‘Dynasty’ (EXCLUSIVE)

    LONDON CA Media, the investment division of Peter Chernin’s The Chernin Group, has acquired 49% of Endemol India. The deal, announced Thursday, is financed from Chernin’s recent sale of a $200 million minority stake in the group to Providence Equity Partners and other investors. Though numbers were not disclosed, CA Media chief executive Paul Aiello […]

More From Our Brands

Access exclusive content