India:
KKR's Emerald Media Invests In YuppTV
21 October 2016
Nishith Desai Associates
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Emerald Media, a Pan-Asian platform established by leading
global investment firm KKR for investing in the media and
entertainment sector, has acquired a significant minority stake in
YuppTV for US$50mn. YuppTV is one of the world's leading
over-the-top (OTT) video platforms for South Asian content offering
live TV, catch-up TV and movies on-demand in 14 languages across
the globe.
Emerald Media focuses on providing growth capital to media,
entertainment and digital media companies across Asia.
Press coverage relating to this transaction, is available at Economic Times, Deal Street Asia, Variety and Hollywood Reporter.
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