Star India to buy four Maa TV Telugu channels
Leading media and entertainment company Star India on Wednesday said it will acquire four Telugu channels of Maa Television network for an undisclosed sum. Maa TV group is owned by industrialist Nimmagadda Prasad, Rajya Sabha member Chiranjeevi and actor Nagarajuna. Maa network has four channels - Maa TV, Maa Movies, Maa Music and Maa Gold. “Star will acquire all assets of Maa TV including broadcasting rights subject to regulatory approvals. After the approvals, Maa TV will become part of Star network,” CEO Uday Shankar said.