Govt defers INX Music proposal to take ownership of 9X Jhakaas

Deepu

EntMnt Legend
Finest Member
The government has deferred INX Music’s FIPB proposal to undertake the additional activity of broadcasting of a non-news and current affairs channel.

As per the proposal, 9X Media’s Marathi music channel 9X Jhakaas will be transferred to INX Music, which already owns and operates Punjabi music channel 9X Tashan.

In future, any channel launch in regional music space will take place under this subsidiary company. For the record, 9X Media CEO Pradeep Guha had told TelevisionPost.com that the company was planning to launch a Bengali and an Odia music channel. 9X Media (erstwhile INX Media) owns close to 64 per cent stake in INX Music while the remaining 36 per cent is held by Sandeep Bansal.

Read more at: http://www.televisionpost.com/television/govt-defers-inx-music-proposal-to-take-ownership-of-9x-jhakaas/ | TelevisionPost.com
 
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