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CA Media, which will be headquartered in Hong Kong, initially intends to build a local presence in India, China, and Indonesia.

Colors' Uttaran and Laagi Tujhse Lagan displaced Zee TV's Pavitra Rishta and Star Plus' Saathiya Saath Nibhana.
The company has created a separate division for fruit juices and plans to focus on this high-growth segment.
Currently, Titan Industries Ltd enjoys a market share of about 50 per cent and hopes to capture two to three per cent more in the coming fiscal.
Apollo Tyres on Wednesday said it will hike prices of its products by up to 6 per cent from April to offset spiralling raw material costs.
The company which took over Sylvania, a failing business in 2007 and turned it around, has spent 6 million pounds on Research and Development in the UK.
Under the offer, the company will repurchase up to 1.38 crore shares from non-promoter shareholders for a maximum price of Rs 725 a piece.