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TV Station Investment Opportunity in Bangalore, India

24 / 7 Kannada news channel require funds to start a Kannada entertainment channel.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 424 thousand
EBITDA Margin 25 %
Industries TV Stations
Locations  Bangalore
Local Time 10:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 590 thousand for 49.0% stake (Native Currency: INR 50,000,000)
Reason: To start an entertainment channel in Kannada.
Includes physical assets worth USD 11.8 thousand
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Business Overview
- A news channel based in Bangalore, that started operations in 2016.
- We have not been operating for 2 years due to financial reasons, and have re-launched the channel this year.
- It is a 24 / 7 local Kannada news channel covering all general news.
- We are available on all major cable networks and cover 82% of Karnataka.
- Have 28 reporters in 28 different districts in Karnataka.
- Have a strong online following with 2K subscribers on Youtube and 23K likes on Facebook.
- Looking to start an entertainment channel in Kannada in the future, where we broadcast TV series and reality shows.
- Revenue is generated through advertisements.
- We did not generate any revenue last year as we were not operational.
- Physical assets include interior set up of office and equipment.
Products & Services Overview
24 / 7 local Kannada news channel, intend to start a Kannada entertainment channel.
Facilities Overview
Have a rented office space in Banashankari, Bangalore.
Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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