The tight liquidity market may have started pinching many media companies, but for some who are sitting on a pile of cash it is offering opportunities. Sun TV Network Ltd, a dominant regional broadcaster in the south, is exploring opportunities to enter the Hindi general entertainment channel space.
“The company is weighing options to get into the Hindi GEC space through the acquisition route if valuations are attractive. It has an excess of Rs 4 billion in cash,” a source close to the company says.
Sun TV officials could not be reached for comments.
Sun TV already has a national footprint in FM radio and has emerged as one of the leading players with 44 operational stations. It also holds 49 per cent in Red FM through subsidiary company South Asia FM.
The Hindi GEC space has seen a flurry of activity with new launches like NDTV Imagine, 9X and Colors.
Sun TV continues to grip the south Indian market despite increasing competition and expects to sustain a double digit effective advertising growth. The company’s pay revenues could jump from Rs 110 million in FY’08 to Rs 600 million in FY’09.
July 29, 2009 at 10:03 am |
To
Dear Sir,
I want to join your Chenal. I have 8year experience in print midia.
very thankfull if you give me chance
to work with you.
Thanks
Regard
pawan srivastava
August 24, 2009 at 7:57 am |
sir,
my self santosh singh and i am working in Jyoti tv as anchor before that i was working in stn channel as a news reporter.
so sir i want to join your team for gorakhpur zone,
if any required for so please contact me, i will give u very satisfied responce.
thanks alot
Santosh singh
anchor
jyoti tv
February 1, 2010 at 2:20 am |
Dear sir, I want to join as a reporter in your tv channel. I am from Jharkhand Dist Bokaro and want to do reporting from Bokaro for your news channel.These days i am working in detv. Hence i am looking forward for your positive response for further needful.
Thanking you
Mrityunjai kr. Mishra
Reporter de tv
Mob: 09835597811
December 28, 2010 at 10:07 am |
dsd
January 28, 2011 at 9:41 am |
2 get up channel
January 28, 2011 at 9:41 am |
2 get up news
March 14, 2011 at 11:59 am |
Dear sir
im ashish gupta im graducate in kanpur univercity u.p,i have done cinematographay course in mumbai from zima (zee institute of media arts) my work exp 1 year in garim bharti news paper as a city photographar and this time im working sub tv sho LAPATA GANJ as a fous polling.