Mumbai — Emerald Media, the Pan-Asia company backed by leading global investment firm KKR for investing in the media and entertainment sector, announced that it has acquired a significant minority stake in Amagi Media Labs ('Amagi'), the leader in targeted TV advertising and cloud-based TV broadcast infrastructure. Premji Invest, the investment arm of Azim Premji, (an existing shareholder) is also participating in this combination of primary and secondary US$35 million Series D round. … [Read more...] about Emerald Media backed by KKR