ASIANET MIDDLE EAST LIVE TODAY TV
Zee and Star TV too are known to have been eyeing Asianet TV. Today, Asianet signals cover the entire Indian sub-continent, Sri Lanka, China, the South East Asia, UK, Europe, US and parts of former Soviet Union. Later it became a 24/7 channel with footprints also in the Middle East. Asianet TV started its telecast in 1993 as a daily-two-hour channel. But we will be in a position to announce something only after a deal is done." Repeated attempts by TOI to get a reaction from Regi Menon and Asianet managing director A Madhavan proved futile. We are definitely talking to several people. As part of this strategy, we are looking at investing in or acquiring several TV stations and other entertainment ventures.
When contacted, Sanjay Prabhu, director & COO of Jupiter Entertainment Ventures (which Chandrasekhar owns), said: "We are getting into various entertainment areas. Chandrasekhar is also keen on launching an Asianet Kannada channel," sources said.
"It could be an outright buyout, or could be a major equity commitment. Chandrasekhar is said to be investing Rs 100 crore. The man, who made some big bucks with the sale of his BPL telecom business last year is said to be close to striking a deal with NRI businessman Reji Menon to take a controlling stake in Kerala's largest TV network, Asianet Communications. BANGALORE: Rajiv Chandrasekhar appears to be getting ready for a mega media plunge.