Peter Mukherjea''s INX to launch TV network
15 Mar 2007
Mumbai: INX Group, INX Media and INX News, promoted by Peter Mukerjea former Star TV CEO and his wife Indrani Mukerjea have announced plans to launch a new television network.
The bouquet of channels will include a Hindi entertainment channel, an English news channel, various entertainment channels in regional languages, a music channel and city-specific channels.
The Hindi general entertainment channel, the music channel and the English news channel will be launched by the last quarter of 2007. The other channels will be rolled out over the next two years.
The entertainment company, INX Media, has been financed by Asian investment firm Temasek Holdings via Dunearn Investments, New Silk Route, New Vernon, Kotak and Srei Group.
The
news company, INX News, will be 26 pc owned by the entertainment
company, and, in accordance with the government regulations,
by a single Indian entity drawn from the INX Group.
Indrani
Mukerjea, the wife of former Star TV CEO Peter Mukerjea
and the promoter of the INX Group, will be chairperson
of this venture. Vir Sanghvi will be the CEO of INX
News and editorial head of the news channel.
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