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Win TV denies selling out; admits being approached, ‘willing to listen’ to offers

Win TV denies selling out; admits being approached, ‘willing to listen’ to offers

Author | Gokul Krishnamurthy | Tuesday, Mar 07,2006 8:07 AM

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Win TV denies selling out; admits being approached, ‘willing to listen’ to offers

Diksaat Transworld, which runs Win TV Tamil and Win TV Kannada, has denied takeover of the group. The denial comes in the wake of widespread rumours that the channel had been taken over by a media company with political links.

Over the last one week, the market has been abuzz with news on the takeover of Win TV Tamil. A takeover seemed logical with elections scheduled for May 8, 2006 in the state, as Win TV Tamil is one of the three private television channels in the state to carry news.

A channel spokesperson admitted that there were interested parties who had approached them, and that it was willing to ‘listen to them’, perhaps indicating that it was open for such a bid.

Speaking to exchange4media, Florent C Pereira, Vice Chairman, Win TV, said, “There are people who have expressed an interest in investing in, taking over, or joining our channel. If anyone wants to talk to us, we are willing to listen to them. We have been speaking to people, and the level of interest is high and reflects the popularity if the channel.”

He explained that the keenness was understandable, with elections fast approaching in the state.

In Tamil Nadu, the Sun network has a 24-hour news channel, Sun News, and flagship Sun TV also carries news bulletins. Jaya TV is the other private channel to carry news bulletins. The latter is in the midst of attempts to launch a second channel focused on news and current affairs, Jaya Plus.

While Sun and Jaya reflect the points of view if the opposition and the ruling party in the state, respectively, the PMK has started recruiting people for its own television channel.

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