Raj TV plans to launch a 24x7 news channel
09 Oct 2007
Recently in mid-August, Raj TV had launched Kalaignar TV and Raj Musix. Kalaignar TV is positioned as a general entertainment channel with programming spanning movies, news, serials etc, and Raj Musix is a music channel focusing on youth centric programmes.
In a communiqué to the Bombay Stock Exchange, the company has disclosed that it plans to start the channel on 14 November, which would be a 24x7 format covering all kinds of news, including general, business, national as well as international.
Raj TV Network had posted revenues of Rs38.64 crore for the year 2006-07, representing an increase of 22.64 per cent over the previous year.
The
company has a two-year agreement with the Singapore - government owned TV12 for
exporting content to Vasantham Central, a free-to-air channel which caters to
the Indian community in Singapore. It is reportedly seeking similar alliances
with media companies in Malaysia, Thailand, Fiji, the US, and the UK.