The time has come for the huge horde of channels that have been struggling for existence to space out slowly.
The survival of the fittest is happening and the first victim has fallen. The Sitara TV which was part of the Asianet network, has closed its channel forever.
Sources reveal that the management has given the employees four months salary in advance and said thank you.
Reliable sources also say that few other TV channels are already in the pipeline to shutdown since they are running through severe financial crisis.
Source: www.itzandhra.com
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