Ravi Prakash, former CEO of TV9 is contemplating to start a new channel on his own. He has already started groundwork on the same. As per Ravi Prakash offline statements, there is huge gap in current Telugu media as all the channels are pro-government and no channel is strongly questioning the governments of Telugu states. Details as below.
It is known news that, after the change of the management, the relation between the management and then CEO Ravi Prakash turned sour as the management alleged Ravi Prakash is not allowing them to take over full control of the channel. On the other hand, Ravi Prakash still has 10% stake in the channel and approached NCLT through actor Sivaji (who became popular with Operation Garuda theory last year) to protect his rights a minor stakeholder.
Meanwhile, the latest update is that Ravi Prakash has started groundwork to start a new channel. Knowing this, many investors approached him and expressed their willingness to invest in his project. However, Ravi Prakash is cautious on selecting his investors so that he will have all the freedom in the channel even at later point of time.
Wee will have to wait and see by when will this channel be materialized.