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Turner takes full control of Imagine; Nair quits

Turner General Entertainment Networks (TGEN) has announced that its Chief Executive Officer Sameer Nair will be leaving, as it prepares to fully integrate the Imagine operations into Turner Broadcasting System Asia Pacific (TBSAP).

On the development, Steve Marcopoto, President, TBSAP said, “While Imagine has enjoyed some significant successes in distinctive programming and built a solid audience base for a young channel in an extremely competitive genre, we need to improve the channel�۪s overall performance and best position it for sustainable long term growth. Sameer and I agree that the best way to achieve this end is for him to move on and merge the TGEN networks to operate within the entertainment division of TBSAP. I want to express my sincere gratitude for all that Sameer has done to create Imagine, develop a great team, and provide us the opportunity to compete in the Hindi GE space.”

Sameer Nair said, “It�۪s been an incredible entrepreneurial experience for me these past four years, building brand and team Imagine and competing in the marketplace. I leave behind a great team with great ideas in safe hands and wish Imagine every success in future as I pursue new challenges.”

Imagine will be placed under the interim management of Sunny Saha, SVP & GM for the entertainment networks of TBSAP, and the Turner India management team with transitional support from Sameer in the coming months.

Imagine TV was established by NDTV Group under the stewardship of former STAR India CEO Sameer Nair. The channel, was launched in India on January 21, 2008 as NDTV Imagine. Imagine TV has tied up with Karan Johar, who is the creative consultant and ambassador of the Imagine TV brand.