Vernonia

by | Mar 29, 2018 | Vernonia

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NTV is an Indian Telugu-language news channel established by Tummala Narendra Choudary on 30 August 2007.[1][2][3] The channel is named after the founder Narendra Choudary who also serves as its Chairman while his wife Tummala Rama Devi is the Managing Director.[4] NTV's parent company is Rachana Television Pvt. Ltd (RTPL).[5][6][7] RTPL also owns the devotional channel Bhakthi TV[5] and women-focused channel Vanitha TV.[6]

As per Media Ownership Monitor 2018, Narendra Choudary and family own 66.2% of RTPL, while P. P. Reddy, the founder and chairman of Megha Engineering Infrastructure Limited (MEIL) owns 22.8% of the company, and Jupally Rameswar Rao, chairman of My Home Group owns 11%.[6][8]

History

NTV was launched by Tummala Narendra Choudary as a 24x7 Telugu-language news channel on 30 August 2007.[2][3] The tagline of the channel is Prathi Kshaṇam Praja Hitham.[9] The channel became popular for the accurate estimation of election results.[2]

Ownership

NTV's parent company is Rachana Television Pvt. Ltd (RTPL).[6] Rachana also owns devotional channel Bhakthi TV and women-focused channel Vanitha TV.[7] RTPL was incorporated in 2006.[6] The company management (Narendra Choudary and family) also has interests in publishing (Rachana Publishers Private Limited), Infrastructure Development (Sri Rachana Infra Developers, and Sunshine Infraholdings), etc.[6][7]

Megha Engineering & Infrastructure Ltd (MEIL) held 26% of the shareholding in RTPL in 2012-13 and 24% in 2013-14. The promoter, Narendra Choudary, held 69% in 2012-13 and 68% in 2013-14.[7]

As per Media Ownership Monitor 2018, Narendra Choudary and family own 66.2% of RTPL, while P. P. Reddy, the founder and chairman of Megha Engineering Infrastructure Limited (MEIL) owns 22.8% of the company, and Jupally Rameswar Rao, chairman of My Home Group owns 11%.[6][8]

Availability

The channel's live video feed is also streamed on its website NTVTelugu.com and YouTube.

References

  1. ^ "NTV and Bhakti TV launched today". Idlebrain.com. 30 August 2007. Retrieved 16 October 2022.
  2. ^ a b c Singh, Dr Paramveer (5 August 2021). Indian Silver Screen. K.K. Publications. p. 302.
  3. ^ a b Business World. Vol. 26. Ananda Bazar Patrika Limited. 2007. p. 17.
  4. ^ "Tummala Narendra Choudary & Family". Media Ownership Monitor. Retrieved 26 August 2022.
  5. ^ a b "The battle for eyeballs". The Times of India. 12 August 2008. Retrieved 24 October 2022.
  6. ^ a b c d e f g "Rachana Television (RTPL)". Media Ownership Monitor. Retrieved 26 August 2022.
  7. ^ a b c d Shaw, Padmaja (13 April 2017). "Who wants to own Telugu news channels?". The Hoot. Retrieved 4 November 2022.
  8. ^ a b Chatterjee, Mohua; U, Sudhakar Reddy (24 August 2018). "Tycoons with political links taking over news channels in Andhra, Telangana". Times of India. Retrieved 16 September 2018.
  9. ^ "About us - NTV Telugu". NTV. Retrieved 26 August 2022.

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