Former media executive Jeff Sagansky partners with former CEO of MGM Studios to invest in Indian media IPO Videocon d2h, saying no U.S. media company can match its growth rate. Sagansky tells TheStreet’s Rhonda Schaffler that the Indian pay TV market is the fastest growing in the world and that Videocon d2h doesn’t have the same challenges as DirectTV. He says Videocon d2h grew revenue by 35% in the past 12 months. Sagansky, who invested through his company Silver Eagle Acquisition, said he would consider other investments in India. He said in the U.S., he would recommend investing in content companies over distribution companies, but added that the advertising market remains challenging.
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