Last night, Tim Armstrong and team celebrated independence from Time Warner (NYSE: TWX) on the floor of the New York Stock Exchange with P. Diddy and this morning they’ll make it official by ringing the bell in the same location. AOL (NYSE: AOL) is back as a ticker symbol and…

Turner Asia, a unit of Time Warner (NYSE: TWX), today said it has agreed in principle to acquire a 92% stake in general entertainment channel NDTV Imagine. Turner will buy a 76% stake from NDTV Networks Plc. for $67 million and will also invest $50 million in the business against…

AOL (NYSE: TWX) CEO Tim Armstrong did a hurried Q&A session at the Paley Center this afternoon and then had to rush off to being the IPO roadshow, which starts tonight here in Manhattan, presumably at some glitzy event here in the city. (Ed. note: The road show actually starts…

Last week I reported, based on AOL’s spinoff SEC filing, that Time Warner (NYSE: TWX) may be retaining AOL India and AOL’s venture investments. Turns out neither is happening, and was based on my misreading of the SEC filings. On AOL India, the company has denied Time Warner would be…

Turner Broadcasting, a unit of Time Warner (NYSE: TWX), is close to acquiring a “very high level of holding” in general entertainment channel NDTV Imagine, according to a person familiar with the development, who asked not to be named. Turner could buy an 80-90% stake in the GEC, the person…

AOL (NYSE: TWX) Inc, the new about-to-be-spun-off unit from Time Warner, has filed an amended filing with SEC detailing some of the spin-off specifics. This comes as it named nine new board member for the new company this morning. In it, the exact steps required for this complex spinoff. The…

Indian broadcaster NDTV is in talks with two overseas companies—Time Warner (NYSE: TWX) and Malaysia’s Astro—to come in as an investor in its lifestyle business, according to a person familiar with the development. Today morning, NDTV said it will buy back a 26% stake in its non-news subsidiary NDTV Networks…

CNN is expanding its footprint in Asia on the web. The broadcaster has launched CNN Go, a travel and lifestyle website focussing on six Asian cities—Singapore, Hong Kong, Mumbai, Bangkok, Shanghai and Tokyo. Sporting the tagline ‘Local Insights, Global Experiences’, the site has the same focus in all cities—eat, drink,…

News Corp.-owned Star Plus, which reigned on top of the GEC ratings chart undisputed for nearly a decade, has now slipped to the third position, not only beaten by new entrant Colors, but also by decade-old rival Zee TV, which has been playing catch up with Star Plus for several…

A few weeks after AOL (NYSE: TWX) denied it would hastily offload its $850 million Bebo acquisition, the social network is trumpeting a whole roster of new products offered not just through Bebo, but through AOL itself, AIM, ICQ and AOL’s mobile products, each of which is harmonizing user profiles.…

Our sources had told us earlier this week that Turner officials were in NDTV’s offices in India and were engaged in some sort of due diligence for a possible investment. But NDTV had not responded to requests for comments on the issue. Today we put the question to NDTV CEO…

—- Games2Win has announced the launch of its gaming ad network called Inviziads. The service requires developers to integrate the ad code along with the game and as the game gets shared, monetizes the inventory through pre-rolls. The network currently has AddictingGames.com on board which WAT reports has over 10…

AOL (NYSE: TWX) has launched the Indianized version of its international men’s lifestyle site, Asylum.in. Although the release claims the Indian site to have customized content, there is nary an Indian feature besides the welcome post. Most of the content is currently being syndicated from the US version of the…

AOL India has tied up with Galatta.com for movie content related to South India, an AOL (NYSE: TWX) spokesperson confirmed to ContentSutra. The recently launched South Cinema channel features content from Kannada, Malayalam, Telugu and Tamil cinema. All the content is in English, though AOL does have local language content…

AOL India is trying to drive signups by offering users free SMS services via mail and messenger. Subscribers are offered the facility to send free Instant messages and SMS’ to mobiles, with the ability for the the recipient to respond. They’re using the short codes 51515 and 51516. Nice work…

Turner International hasannounced that it intends to launch of Hollywood movies and series channel with Warner Bros. in the fourth quarter of this year. They also intend to launch an animation films unit, which unit will initially make two films a year, with the first one due in 2009. After…

Well, with its announcement of a two-week Adsense trial, Yahoo (NSDQ: YHOO) is finally playing a very public hand with Google—thus raising the stakes even across during Microsoft’s three-week deadline. But the real drama is behind scenes where Yahoo is still talking to Time Warner—despite the observers who say any…

So it has finally happened: AOL (NYSE: TWX) has sold its call center operations in India to Aegis BPO Services, a part of the Essar Group, reports ET. The acquisition is expected to be completed by the end of April. The divestment is a part of AOL’s strategy of focusing…

AOL (NYSE: TWX) is selling its call center business in India to Aegis Communications in an all cash deal of around $100 million, reports the Times of India. The report suggests that the sale was on the cards, since Wipro and other companies were in talks with AOL for acquiring…