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UTV
is in talks with Kalanithi Maran's Sun Network to jointly launch
a Tamil language kids channel.
As
per the discussions conducted thus far, UTV will look after the
programming and marketing of the channel while the distribution
of the channel will be handled by Sun, which runs a cable network
in Tamil Nadu called SCV.
UTV,
along with promoter Ronnie Screwvala, already runs a Hindi kids
channel, Hungama TV. United Home Entertainment is the company that
owns and operates Hungama TV.
The
talks between UTV and Sun Network are, however, at a preliminary
stage, sources say. "Nothing has been finalised and the talks
are still inconclusive. UTV wants to launch kids' channels in Tamil
and Telugu languages," a source added.
When
contacted, Screwvala said the company was in talks with more than
one company. "It is too premature at this stage to talk of
anything definite," he added, refusing to divulge the name
of any single company he was in negotiations with.
Hungama
TV is also in talks for roping in an overseas strategic investor.
The channel is distributed by Star India as part of its bouquet
which includes the two Walt Disney channels and Star One.
The
extension of the Hungama TV business is reflected in the joint venture
deal with Malaysia's Astro All Asia Network for setting up kids
channels in Malaysia, Indonesia, Brunei and later Singapore. UTV
will have the option to invest up to 20 per cent stake in the joint
venture company within three years.
The
capital employed in Hungama TV is Rs 600 million with UTV having
pumped in Rs 430 million so far.
Sun
Network, a dominant player in the south, which has channels in the
general entertainment, movies and music space, does not operate
any kids channel. Disney is the only player to have kids' channels
with dubbed versions in Tamil and Telugu languages. There is no
dedicated Malayalam language kids channel.
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