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Nimmagadda Prasad All Set For Comeback

By:  Tupaki Desk   |   26 July 2018 6:38 AM GMT
Nimmagadda Prasad All Set For Comeback
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Nimmagadda Prasad was instrumental in making MAA TV No.1 Entertainment Channel & selling it for a fancy price. He closed the deal with Star TV for a whopping Rs 2,500 crore.

As per the non-compete agreement, No Channel should be launched for a period of 3 years once after selling a TV Channel. Nimmagadda Prasad is all set for a grand comeback as the agreement period neared completion. If the buzz is true, He acquired debt-ridden 10TV for Rs 32 crore.

Matrix Prasad is planning to launch an Entertainment Channel as well in the near future. The ground work needed for it seems to have begun already.

For now, Most of the focus would be on how to revive 10TV. Rumours are abuzz that this news channel will be supportive of Jana Sena Party. Does Megastar holds a stake in 10TV? Who knows???