Zee Group eyes TV9?

TV9, TV9 Auction, TV9 Sale Auction, TV9 Zee Auction, TV9 ZEE Auction 850 Crores, TV9 Sale Bid, TV9 Zee Bid 8500 Crores, Ravi Prakash TV9 Zee Bid, Ravi Prakash TV9 Auction Zee TVReports are emerging that Zee Group is eyeing a major stake in Hyderabad-based Associated Broadcasting Company Pvt Ltd (ABCL) which operates the most popular Telugu News Channel, TV9. Srini Raju is the major stakeholder in the company. Zee Group reportedly made a bid of 850 Crore to buy his stake in the company.

Besides TV9, ABCL also have Jai Telangana and seven other channels including the ones in Kannada, Marathi, Gujarati and English. There is a buzz that the promoters are trying to sell the company for a long time. Back then it was rumoured that My Home Rameshwara Rao, a confidante industrialist of Telangana CM K Chandrasekhara Rao bought the major stake.

But the company refused the reports and termed them as totally baseless. Recently, Zee Group has sold its Sports Channel, Ten Sports to Sony for a whopping 2500 Crore. The Group is now sitting on cash and is eager to expand in to Regional Television. TV9 Management refused to answer queries about this deal.



Follow Mirchi9 on Google News

This Week Releases on OTT – Check ‘Rating’ Filter

Hiring Content Writer: We are looking to hire a ‘Telugu’ content writer. Send your sample articles to [email protected]

'కులం' తలుచుకుంటే 'కలెక్షన్స్' వచ్చేస్తాయా?Don't Miss'కులం' తలుచుకుంటే 'కలెక్షన్స్' వచ్చేస్తాయా?ప్రస్తుతం ధియేటర్లలో సందడి చేస్తోన్న "అఖండ" సినిమాకు కులం ఆపాదించే పనిలో ఓ వర్గం తలమునకలై ఉన్నట్లుగా కనపడుతోంది. 'అఖండ'కు...akhanda Dallas Kammas TicketsDon't MissAkhanda U.S. Record: Crying On Kammas Goes To Next LevelNandamuri Balakrishna's Akhanda has taken a flying start at the box office despite the mixed...Akhanda Review RatingDon't MissAkhanda Review - Lengthy Mass JatharaBOTTOM LINE Lengthy Mass Jathara OUR RATING 2.5/5 CENSOR 2h 47m, 'U/A' Certified. What Is...Rumours ys jagan declined appointment for mohan babuDon't Missఅయ్యో... మోహన్ బాబుకే దొరకలేదా..? నిజమేనా..?గత ఎన్నికలకు ముందు తమ బకాయిల విషయంలో టీడీపీ ప్రభుత్వం స్పందించడం లేదని, రోడ్డెక్కి నిరసన తెలిపిన మంచు మోహన్...Jagan: Age 40, Mindset In 80sDon't MissJagan: Age 40, Mindset In 80sYS Jagan Mohan Reddy is voted to power in the 2019 elections with a mind-blowing...

Mirchi9