Sun TV to make foray into film productionSeptember 8th, 2008 - 9:27 pm ICT by IANS
New Delhi, Sep 8 (IANS) South India-based television broadcaster Sun TV Network Ltd Monday announced its plans to foray into film production.”The company will produce films in four south Indian languages Tamil, Telugu, Kannada and Malayalam through its newly-formed unit Sun Pictures,” Sun said in a regulatory statement.
“The company has already signed contracts with leading artists, directors and music directors,” it added.
“The new venture will open new revenue stream for the company in addition to increasing the size of its vast movie library,” it said. However, Sun did not disclose any financial details regarding this venture.
Sun TV currently operates 20 television channels in several regional languages and also operates radio stations.