SUN TV LAUNCHES MALAYALAM CHANNEL
South Indian regional language TV network
added a Malayalam entertainment channel to its portfolio
today. Called Surya TV, the channel is beaming off the same
satellite as Asianet (Intelsat 703) for six hours daily.
It will be the first serious competitor to Asianet, which
has had a monopoly on the Malayalam TV market. It will air
soaps, news, movies and cultural programmes.
The Sun Network operates a bouquet of channels in Tamil
(Sun TV, Sun Music, Sun Movies), Telugu (Gemini TV) and
Kannada (Udaya TV) and last year it recorded estimated revenues
of Rs 900 million. Promoter Kalanithi Maran believes that
Surya TV stands to benefit because of his channel bouquet.
"All my existing advertisers like Pepsi, Procter & Gamble,
Nestle, the Tata group are with me," he says. He told a
local daily that Surya TV had managed to attract advertising
to the tune of 2,800 seconds before it had started, translating
into revenues of Rs 3 million.