Headline: Viacom Inc looking for majority stake in SS Music
Viacom Inc, the New York-based media giant and owner of music channel MTV, is seeking a majority stake in Chennai-based music channel SS Music. According to a spokesperson at MTV India, "We have had exploratory talks, but are yet to take it further." Sources said the deal could be wrapped up within a month. The move is aimed at having a South Indian music channel owned by Martin Group, to complement MTV's strong reach among Hindi and English audiences.