Bloomberg, Quint to no longer co-produce content

Bloomberg Media and Quintillion Media will restructure their partnership in India and will no longer co-produce content, the companies announced on Tuesday. The two, however, will continue to distribute Bloomberg content in India through a license agreement.

“The companies have ended their equity joint venture in favor of a new content license agreement,” Bloomberg said in a statement.

M. Scott Havens, CEO, BloombeBloomberg Media and Quintillion Media will restructure their partnership in India and will no longer co-produce content, the companies announced on Tuesdayrg Media, said, “While we have mutually decided to shift the focus of our work together, Bloomberg Media remains committed to our presence in India and look forward to a continued relationship with Quint.”