Founder of popular Telugu television channel TV9 V Ravi Prakash, who was sacked as chief executive officer and director of the channel on Friday does not want to fade out from the field just like that.
According to sources close to him, Ravi Prakash has already started moving pawns to acquire another loss-making Telugu channel I-News, which had once emerged as a powerful alternative to TV9. With the management of the channel changing hands, it has now become more or less defunct.
Though Ravi Prakash is presently running Mojo TV, it does not have any major infrastructure and the reporters are sending through their mobile phones.
Sometimes, Ravi Prakash was allegedly diverting the equipment of TV9 for covering news in Mojo TV.
That is precisely why Ravi Prakash is planning to take over I-News channel. At present, the channel is in the hands of Nallari Kishore Kumar Reddy, brother of former chief minister of combined Andhra Pradesh Nallari Kiran Kumar Reddy.
Since Kishore is in Telugu Desam Party, Ravi Prakash is said to be using his good offices with the TDP bosses to acquire the channel and revamp it.
All said and done, I-News has an excellent infrastructure, including studio, cameras and other equipment like OB Vans etc.
Once the channel comes into the hands of Ravi Prakash, he can attract good journalists and anchors, besides technical staff from TV9.
Having entrepreneurial abilities, Ravi Prakash can turn around the loss-making I-News into a profitable venture!
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