MAA TV network as a leading Telugu general entertainment
channels consisting of Maa TV, Ma movies, Maa music and Maa gold is reportedly
for sale and it has been valuated as 1800 crore.
Three years back MAA Television Network Ltd and Sony Pictures
Television have entered into astrategic alliance to acquire 30
percent equity stake in MAA TV on signing a definitive agreement when
Maa was valued Rs.400 crore, but value has been is increased by 3 three
times to settle at 1800 crore.
The four main promoters of MAA TV— entrepreneur and former
chief of Matrix Laboratories, N Prasad, actor-turned-politician K Chiranjeevi,
his brother-in-law Allu Arvind and actor Nagarjuna Akkineni — together control
95 per cent of the company’s equity capital at present.source:apln
Meanwhile , three days back FICCI-KPMG in its
annual report said, Sony has acquired 30% of Maa.
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