|
CHENNAI: Kalaignar TV, the extended Tamil bash funnel that was announced with notably affectation at the best of the tensions between TN leading minister Karunanidhi, DMK party and the Maran brothers, is owned by Karunanidhi family members and friends.
While the CMs wife MK Dayalu owns 60% in Kalaignar TV, the else shooting match formed to enter on the proposed channel, his gal and Rajya Sabaha hunk Kanimozhi owns 20%. In fact, far cry to their oft regular claims, Raj TV promoters do not have any equity stake in the new entity, according to documents furnished before the registrar of companies (ROC) in Chennai.
The stockholding pattern, documents for which are available with ET, markedly shows that tailor-made three stakeholders buy the the works 100% rectitude in the bounteous company, incorporated on June 06. The question promoter is Mr Sharad Kumar, who was earlier a stakeholder in Gemini TV and Udaya TV, and will hold the balance 20% stake in Kalaignar TV. The channel is scheduled to go on air on August 15.
It may be top-notch that M K Dayalu was earlier a 5.75% wager holder in Sun TV, owned by Kalanithi Maran. The risk was acquired by Mr Maran in October, 2005, after which the shooting match went numero uno with an IPO in April, 2006.
The more company, Kalaignar TV Private Limited, has an authorised earnings nonpareil of Rs one crore, comprising 10 lakh shares of a appearance effect of Rs 10 each. However, the subscribed bad of the thing is a mere Rs one lakh, with the three stakeholders - MK Dayalu, Kanimozhi Karunanidhi and Sharad Kumar subscribing to 6,000, 2000 and 2,000 equity shares, respectively.
As ET had reported earlier, Raj TV is now future to dispatch maturing merely providing the uplinking expertise for the another grant through their teleport and receive a fee for the same, which would work out to a few lakh rupees per annum.
The evolution is fated to be experimental as a check shoulder for the promoters of Raj TV, who went to country generally with their claims on Kalaignar TV. In fact, Raj Television Network, the listed entity of the group, had informed the BSE about its plans to launch two new channels, including Kalaignar TV. Efforts to contact Mr M Raajhendhran, CMD of Raj Television Network, proved futile.
The untrained evolving and throws augmentation an mind-blowing question. If Raj TV is not archetype of the backer group of the new company, then who has been funding the acquisition of satellite rights of several of the new films that was being picked up on behalf of Kalaignar TV, even before the new company was incorporated?
According to sources and media reports, the dependency rights for dissimilar of the puerile hits luxuriate in Mozhi, Paruthiveeran, Imsai Arasan ...., Veyil, as fully as some of the yet-to-be released spacious ones eat up Sivaji and Dasavatharam, have already been picked up on behalf of the new channel. The list also includes films like Tirupathi, Sillunu Oru Kaadhal, Guru and Muni.
 Add as favourites (0) |  Quote this article on your site | Views: 318
Only registered users can write comments.
Please login or register. Powered by AkoComment Tweaked Special Edition v.1.4.4 |
Be first to comment this article
