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Star India completes integration of MAA TV broadcast biz

Friday, Dec 04, 2015

Star India said it has successfully completed the integration of the broadcast business of MAA Television Network.

The acquisition of MAA TV also opens up a significant opportunity for major content innovation in the Telugu television market, which is extremely important given that the Telugu TV market is the second largest regional market in India in terms of revenue potential.

Thus, with the completion of the necessary formalities, the broadcast business of MAA TV will now be integrated with the business of Star India. MAA Television Network is one of the leading broadcast networks in the Telugu language market and enjoys a strong growth driven by fiction and movie content.

Uday Shankar, CEO, Star India, said, “We are pleased to announce the completion of the integration of the broadcast business of MAA Television Network, a journey that we had embarked upon in February, earlier this year. The acquisition fills a critical gap in our portfolio and will allow our advertisers targeted access to the large Telugu speaking population. We plan to invest further in this important market to fundamentally change the content quality paradigm. I am confident that team MAA under the leadership of K. Madhavan will transform the content experience for Telugu viewers.”

With a bouquet of four channels, namely maa, maa Music, maa Movies and maa Gold, Maa TV Network stands out from the cluster of TV channels through its unique programming quality and content. With several strategic initiatives in the last few years, Maa TV has redefined the Telugu General Entertainment Channel (GEC) space.

 

thehindubusinessline.com

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