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General News Sun TV Network to shut Kannada news channel on 24 Oct
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[Image: Sun-TV-NETWORK-COVER.jpg]MUMBAI: In a shocking move, Sun TV Network has decided to shut down its Kannada news channel Udaya News, with effect from 24 October, due to mounting losses.

As a result of the closure, 73 employees will lose their jobs.

Sun TV Network made this revelation in a letter to Karnataka’s social welfare and department of labour secretary dated 24 August.

“We have been operating Udaya News division for the last 19 years and have made substantial investments in building the news business in Karnataka. Despite our best efforts, the news division has been incurring substantial losses over the past couple of years,” Sun TV Network said.

“Further, given the competition Udaya News has faced, the viewership share of Udaya News is also relatively low and that has further worsened the situation. Considering the above, we are compelled to close down Udaya News for business reasons, as we are not able to justify the insurmountable losses which have been accumulated and which it continues to incur.”

The Kannada TV news market is dominated by TV9 Kannada, Public TV and Suvarana News.

Sun owns and operates six TV channels in Kannada, namely Udaya TV, Udaya Movies, Udaya Comedy, Udaya Music, Chintu TV and Udaya News. It runs a total of 33 channels 25 in SD and eight in HD across Tamil, Telugu, Kannada and Malayalam languages.

Source:

___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
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