Exclusive picture, details of Times Group split between Sameer and Vineet Jain

New Delhi: Sahu Jain family-owned The Times Group, India’s largest media conglomerate, was split between the brothers Sameer Jain and Vineet Jain, earlier this week.

NewsDrum has accessed the exclusive picture and full details of the split of business verticals between the two brothers.

According to the settlement, the elder brother Sameer Jain will get the Print businesses along with their digital editions and ET Money.

With this, Sameer Jain will have access to the highest revenue.

Younger brother Vineet Jain will get TV (Times Network channels - Times Now, ET Now, Mirror Now, Movies Now, Times Now Navbharat), Radio (Mirchi), World Wide Media (Femina), Junglee, Times Internet other than digital editions of print titles, Times Pro, Conferences, Times Music, Bennett University and Times OOH.

Besides, the real estate has been split equally between the two brothers.

The brothers have been working on carving out the sprawling group that controls Bennett Coleman & Co., which runs the nation’s top newspaper The Times of India, and financial daily The Economic Times, between them in a mediated partition over the past year.

The Jain brothers initiated talks with financiers to fund a partition of the Times Group, Bloomberg reported earlier this month.