It employs half of Bertelsmann's workers and is its second-biggest division after television.
NBC News, the top-rated network news division on television, is eying growth opportunities in an old-fashioned medium, radio.
NBC News celebrated its status as the top news division in television with a presentation for advertisers Thursday in New York, led by Brian Williams, the anchor of its top-rated evening newscast.
(HuffPost is unionized under the auspices of the WGA-East, though in a separate division from television writers).
He also works with Section Eight television division.
The company's other two main divisions — cable television and broadcast television — were relatively stable.
They are already putting their own stamp on the (publicly traded) family business, mostly in its non-news — noncontroversial — entertainment divisions of television and film.
Its divisions make television sets, jeeps, washing machines, wooden furniture and olive oil, as well as bottled water under a brand reportedly named after a general's daughter, Safi.
The funding is led by Kaizen, India's first education focused private equity fund along with Bertelsmann, the global media company based in Germany, whose core divisions encompass television, book publishing, magazine publishing and services in more than 50 countries.
"That Robbie E is definitely part of me," he said of the pompous, shallow wrestler inspired by TV's Jersey Shore, a character which has held the company's X-Division and Television titles.
Jeff Bewkes, 50, previously chairman of HBO, was named chairman of a newly formed entertainment division that includes television networks, film and television studios and music.
