Vi­a­com in talks to sell ma­jor­ity stake in China ops: WSJ

Business Standard - - COMPANIES -

Via com is in talks to sell a ma­jor­i­tys­take in some of its China op­er­a­tions, theWal­lStreet Jour­nal­re­ported, cit­ing­sources fa­mil­iar with the mat­ter. The NewYork-based­firmhashad talks about a sale with at least one Chi­nese en­tity, the news­pa­per said, adding the dis­cus­sions in­volved the po­ten­tial sale of a ma­jor­ity share in Via com’ s chan­nel brands, such as MTV and Nick­elodeon, in China. The move comes as the firm runs into trou­ble try­ing to scale its op­er­a­tions in the coun­try after more than two decades.

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