9X Media sell-off rumours rubbished

9X Media
9X Media

Speculation over the future of 9X Media in India have been rife.

Reports earlier today indicated that Rajat Sharma, promoter of India TV, was keen to acquire a controlling stake in the New Silk Route (NSR) backed 9X Media. However, this has turned out to be untrue.

Talking to IndianTelevision, 9X Media’s CEO Pradeep Guha rejected the rumours, “All the reports are absolutely rubbish. We are not selling 9X Media.”

Meanwhile, Sharma has also denied the news. But reports suggest that he is keen to foray outside the news genre for channels in other genres.

Keep it with BizAsiaLive.com for more.

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