TV9 says, no changes to the management


The latest rumour about Srini Raju exiting TV9 and other new investors joining took the media circles by a storm. As TV9 has become part of common man’s lifestyle, even common people also debating this a lot ( However, sources from TV9 say there is change to the management. This statement coming at the time of the rumors on new investors joining TV9 surprised many.

This statement of “No change in management” means two things. First, it seems, even though the new investors are joining and Srini Raju is exiting, there will be no change in TV9 Management team and it will continue to be under the leadership of its CEO Ravi Prakash. Of course Ravi Prakash also all set to takeover ABCL with two major international investment funds and local investors. The process is currently in advance stages of discussions.

Second thing is, there will be no hindrance to the expansion and growth plans of the network both in India and abroad even after the investment pattern changes. Under the leadership of Ravi Prakash, TV9 will continue to grow and expand as usual.

TV9 also stated that it shall thrive relentlessly at all levels to maintain leadership position in all markets.

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