ACK Media Acquires Amar Chitra Katha And Tinkle For Monetization Across Media
ACK Media has announced the acquisition of a controlling stake in Amar Chitra Katha, Tinkle, Tinkle Digest and Double Digest from India Book House. Founded by Samir Patil and Shripal Morakhia, the company will monetize the library content across print, DVDs, online services, mobile, games, TV and film. ACK Media plans to launch Amar Chitra Katha Illustrated classics, the Tinkle family of Magazines, the ACK Online Store, Tinkleonline.com and a set of proprietary characters. Anant Pai, the creator of the Amar Chitra Katha series will remain the Editor Emeritus and Chief Story Teller for ACK Media, while Samir Patil will be the CEO of the company. While no terms of the deal have been released, this acquisition is interesting in the context of Geodesic’s acquisition of the Chandamama series, and indeed, Virgin Comics’ strategy of creating orginal content to monetize across formats. With time, we’ll see more content being acquired for repurposing and porting across multiple formats. I’m rather surprised that Disney (NYSE: DIS) hasn’t picked up something, though from what we’ve heard, they were interested in Chandamama.
Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions
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Comments (11)
Nov 22, 2007 2:14 AM
AFAIK rights of Chandamama has been bought by Geodesic . any idea what they gonna do with that ? they seems to be sitting on them .
Nov 22, 2007 2:16 AM
AFAIK ever since Geodesic bought rights of Chandamama they seems to be sitting on them .any idea what they gonna do with that ? .
Nov 22, 2007 3:20 AM
I guess they are gonna make animation movies around it or get into digitising that data and patenting it to further sell that database…just a wild guess
Nov 22, 2007 5:42 AM
I hope they put some content online.
I Hardly find any good sites devoted to Indian children, except for http://www.indianchild.com/ and http://www.pitara.com
Nov 22, 2007 8:23 AM
Forget Disney. Let the Indian comics legends remain in Indian control.
Nov 23, 2007 1:35 AM
i would agree to vani. we really need some indian stuff for our younger generation , instead of all of them falling off to the YO generation.
Feb 22, 2008 2:26 AM
I love TINKLE and Uncle Pai very much. I appreciate your great efforts to bringing up in life through interestinf stories and comics.
i have a small request to reduce the cost of the book since I find difficult to get the copies regularly and now I am managing at the School Library.
With Best wishes and regards,
Induja aravind
Jul 26, 2008 8:25 AM
Hi i am asmita. i love to read tinkle very very much. i read tinkle & tinkle digest. While going on tours i dont feel bored sitting in the train because i always have tinkle with me. there are expriences of lots of people & many intresting facts. i wish many of the people should have tinkle at their home as a mackzine & a very intresting learning book. my this small message go to all the homes through this site
THANKYOU
Aug 13, 2008 1:14 PM
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Feb 20, 2009 2:54 AM
look like mumbai bnaglore fares are decreasing
Apr 9, 2009 2:35 AM
Please check out http://icanbond.com. It will be a site devoted to Indian children and parents. Content being added every day…this is just phase1
Thanks!