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Entertainment Network (India) had beforehand introduced its foray into the United States (US) Radio market. The Company’s US subsidiary, Viz.
Entertainment Network, LLC (EN. LLC.) had entered right into a Time Brokerage association with a US based mostly broadcaster to broadcast radio programmes and content material, focusing on the South Asian group within the Bay Area – USA.
Due to the non-fulfilment of fabric contractual obligations by the counterparty, rendering the enterprise operations unviable, EN. LLC. has issued a termination discover to the counterparty, terminating the Time Brokerage association efficient from 30 November 2022.
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