Fox's Star India Acquires Film Trade Publication

'Screen' runs an annual film awards show, which has aired on one of the company's networks.

21st Century Fox's Star India said Tuesday that it has acquired Indian film trade publication Screen (no relation to the U.K.'s Screen International).

Screen was launched in 1951 by the Indian Express newspaper group, which sold the publication to Star India. Financial terms were not disclosed. Star India said it will discontinue the weekly print edition following the next issue.

Screen also runs its nationally televised film awards, launched in 1994, which are part of India's busy awards calendar. Co-branded as the Star Screen Awards, the event aired exclusively on Star India's flagship Hindi entertainment channel StarPlus from 2000-2011.

Following a shift to Viacom18 Network's Colors channel in 2012 and 2013, the awards returned to Star India last year, airing on the network's Life OK channel.

"The Screen acquisition will yield huge benefits for Star India and for Hotstar, our digital platform,” said Star India CEO Uday Shankar. Hotstar offers a wide range of sports and entertainment content via a multi-screen online platform.