India-based television content company Colosceum Media Entertainment is reportedly looking for a strategic investor to buy a quarter of the company.
Ajit Andhare, chief executive of Colosceum (and on the far left of the photo), said in an interview with local news provider Economic Times of India it would sell up to 26% for cash and access to an international library of established brands and titles.
Media Venture Capital Trust, the corporate venturing unit of an undisclosed publisher has previously invested $5m in Colosceum.