Jagan Mohan Reddy has been defending the huge premium paid for shares in Sakshi, citing Eenadu case. The 10 rupee share was acquired for Rs 360 by many investors including Matrix Prasad in Sakshi. The CBI says that the valuation – which is 35 times more than the face value – was unreasonable and was only paid as a quid [...]

Sakshi paper has been shouting from its pages about the increase of its readership by leaps and bounds in the last quarter, while Eenadu, its bitter competitor, actually lost numbers in the same period. Yes, that is true. But to put things in perspective, Eenadu is ahead of Sakshi in the overall readership figures. While the two Telugu newspapers figure [...]

Eenadu has officially announced divesting of its television channel business, even as Sakshi saw a vindication of its allegations of quid pro quo between Ramoji-Relaince-Chandrababu in the entire operation. The Wednesday edition of Eenadu said that 100 per cent stake of 10 ETV channels – except Telugu ETV and ETV2- will now be transferred to Reliance Industries Limited, in lieu [...]

A host of buyers are eying Ramoji Rao’s ETV boquet of television channels. Months after talks between Sony Television and  Eenadu TV (ETV) fell through, the Raghav Bahl-controlled Network18 Group is inching close to a deal with ETV, according to Business Standard. However, a latest Time of India report says Rajeev Chandrasekhar’s Jupiter Capital may be in the fray for [...]

Jagan has started feeling the heat of the ongoing CBI and other inquiries into his assets. His Sakshi daily newspaper has been forced to increase its price per copy from Rs 2.50 to Rs 3 effective immediately to tide over the imminent financial crisis. In a signed message in Sakshi paper today, YSR Congress chief Y S Jagan Mohan Reddy [...]

Indian media in general and Telugu media in particular are not particularly known for truthfulness, but Sakshi paper and channel have been touching new lows in journalism of late. The new trend speaks volumes for the ill-effects of political aggrandizement of the media business. Today’s Sakshi paper ‘exposes’ the land mafia consisting of Srini Raju of TV9, Narne Srinivasa Rao [...]

Ramoji Rao is a publicity-shy person. Until recently, he would always frown at any pictures of him or his family being published in his paper. Hence it can be considered a rarity that a commemorative edition was published on the occasion of Ramoji Rao’s diamond jubilee – completion of 75 years – anniversary. The well produced book is unique in [...]

Undavalli Arun Kumar is back with his shooting-from-hip style. After a long gap, he has once again dragged Ramoji Rao into another litigation. The Congress MP says that Ramoji Rao submitted an affidavit to the court in which he committed perjury. Margadarsi, according to Undavalli, apparently said in its latest affidavit that Ramoji Rao has nothing to do with Margadarsi [...]

Suman is back with a vengeance. He has been making TV films left, right and centre of late. And acting in them with such relish. And showing them on ETV with such fanfare. The man who is heir to a media empire has been making himself a laughing stock with his amateurish, anachronistic, run-of-the-mill gaudy flicks that seem completely out [...]