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Sep 7, 2008 8:28 PM
Reliance ADA Group, the Indian telecom and media conglomerate, has bought a 70 percent stake in Willow.tv, the Cricket webcasting site based in Sunnyvale, CA. The price was undisclosed, but according to Rajesh Sawhney, president of Reliance Entertainment, the company will spend about $60 million to $70 million in this…
Posted In: Entertainment, Sports, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Broadband, cricket communications, reliance ada, willow.tv
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