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Chennai:
The chasm between Tamil Nadu chief minister Dr M Karunanidhi''s
family and that of the Maran brothers, Kalanidhi and
former union communications and IT minister, Dayanidhi,
has widened further.
It
is reported that the Rs38.6-crore revenue Raj Television
Network Limited that owns Raj TV channels has decided
to promote a new channel Kalaingar Channel with
its branding and logo being the rising sun the
Dravida Munnetra Kazhagam''s (DMK) symbol. It is also
rumoured that M K Stalin, son of Karunanidhi will be
picking up a stake in Raj Television Network to cement
the new-found relationship.
Interestingly,
the I&B ministry in New Delhi has cleared the approvals,
which had been pending with it for more than two years.
Raj TV has got licenses for three new channels.
The
new channel will be focused on entertainment, along
with news bulletins. However, a clearer picture will
emerge in the days to come. In April this year, the
company''s board had approved launching 11 new channels
including a Hindi channel. The company had also announced
its plan to start a youth channel.
In
addition, the ruling DMK party in Tamil Nadu is expected
to launch a channel named Anna TV after the party''s
founder and late chief minister C N Annadurai.
The
Maran brothers fell out of favour with Karunanidhi and
his family following an opinion poll published by Tamil
daily Dinakaran (owned by Kalanidhi), that showed
Karunanidhi''s younger son M K Stalin being preferred
over eldest M K Azhagiri. Following this, the supporters
of Azhagiri torched the Dinakaran office in Madurai,
while Sun TV screamed for action against the attackers.
Launching
one or two channels is not an issue, having good programmes
and the last mile connectivity is. In both areas Sun
TV has a major advantage. It will be now interesting
to see how the DMK manages the last mile cable operations,
currently a monopoly of Sun Cable Vison.
At
the bourses Raj TV stock has been on the rise for the
past few days. Today the stock closed at Rs262.75 after
going to a high of Rs269. In morning trades it opened
strong at at Rs255.70 from Friday''s closing of Rs248.45.
On
the other hand the Sun TV Network share opened at Rs1,525
from
Friday''s close of Rs1,521.50 and closed at Rs1474.
Kalanidhi
owns a 90-per cent stake in the company.
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