Zee 24 Gantalu shut down

Zee 24 Gantalu shut down
Zee 24 gantalu a telugu news channel by zee group launched in 2009 has shut down
today it is showing color test bars and no news
Zee 24 Gantalu faces acid test
By Vishaka Chakrapani

05 November 2013 06:42 pm | Indiantelevision.com Team

MUMBAI: Change is in the air at Zee Media Corp Ltd's (ZMCL) Telugu news channel Zee 24 Gantalu. Reason: the management has decided to restructure the straggler in the ZMCL portfolio, which has been buffeted by competition in the hyper-news state of Andhra Pradesh.

ZMCL had set up Zee 24 Gantalu in a 50:50 association with a local politician Satyanarayanan Botsa, whose brother Sateesh Botsa ran the channel.

"It is not viable for us to run it in its current state. We have invested heavily in Zee 24 Gantalu and have tried many different strategies to make it work. But it has been losing a lot of money," says ZMCL CEO Alok Agrawal. "We are currently reevaluating the options before us."

it started working again now

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