Udaya News is going to close operation by Oct 24 2017

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MUMBAI: In a shocking move, Sun TV Network has decided to shut down its Kannada news channel Udaya News, with effect from 24 October, due to mounting losses. As a result of the closure, 73 employees will lose their jobs. Sun TV Network made this revelation in a letter to Karnataka’s social welfare and department of labour secretary dated 24 August. “We have been operating Udaya News division for the last 19 years and have made substantial investments in building the news business in Karnataka. Despite our best efforts, the news division has been incurring substantial losses over the past couple of years,” Sun TV Network said. “Further, given the competition Udaya News has faced, the viewership share of Udaya News is also relatively low and that has further worsened the situation. Considering the above, we are compelled to close down Udaya News for business reasons, as we are not able to justify the insurmountable losses which have been accumulated and which it continues to incur.” The Kannada TV news market is dominated by TV9 Kannada, Public TV and Suvarana News. Sun owns and operates six TV channels in Kannada, namely Udaya TV, Udaya Movies, Udaya Comedy, Udaya Music, Chintu TV and Udaya News. It runs a total of 33 channels 25 in SD and eight in HD across Tamil, Telugu, Kannada and Malayalam languages
Read more at: Sun TV Network to shut Kannada news channel on 24 Oct | TelevisionPost.com | TelevisionPost.com
 
Sun TV Network, one of the major television broadcasters in the country is shutting down its Kannada news channel Udaya News with plans to convert it into another genre.

According to company officials, Udaya News will be discontinued in the next couple of months and use that space for another genre like general entertainment channel.

Sun TV to discontinue Kannada news channel
 
I think udaya news replaced and will be launch Tamil sencond GEC like vijay super, colors super, maa gold or asianet plus.
Wait.. sun next, sun super or sun plus ll launch soon..
October 22 or diwali day.. because it's a 25th year of sun tv network
 
May be Sun News HD??? Now a days they converted all channels in 16:9 ratio and most of the Sun News videos are in HD..
 
The first Kannada news channel is breathing it's last.Feeling sad.:cry::cry:
They never made an attempt to revamp the channel.(Old modal studios,poor quality cameras,old style of reading news etc compared to other news channels)
I knew that channel is not in a good condition.But never thought of shutdown of a sun network channel.

Even the Udaya tv which was no.1 for more than 20 years is now in 4th or 5th position.They need to revamp their content. There are no reality shows in udaya tv. All old model serials not even a single fresh concept. If they continue this same strategy days are no longer for udaya tv to breath it's last.

The only reason udaya is still in the competition is because of their strong movie library.But only movies cant take the channel to top.

I have a doubt. They are giving the reason of loss and less viewership, but there are many other news channels which are below udaya tv, how they are able to survive?

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First Suriyan tv, now Udaya news next? may be chintu tv.
They mentioned that they are thinking of new genre,hope that new channel will be a kannada channel only:giggle:
 
Sun TV Network Limited which runs the channel Udaya News in Karnataka has decided to shut down its operations with effect from October 24, 2017.

The letter dated August 24, 2017, addressed to the Secretary to the Government of Karnataka states, “We hereby inform you that we have decided to close Udaya News with effect from 24th October 2017.”

A copy of the letter has been marked to The Commissioner of Labour, the Regional Deputy Labour Commissioner and the Assistant Director Sub-Regional Employment Exchange.

The letter further states that the number of employees whose services stand to be terminated on account of closure of the undertaking is 73.

Detailing the reasons for closing down Udaya News, the letter says that Sun TV has been operating the channel for the past 19 years and had pumped in significant amounts to grow the news division in the Karnataka market.

However, the letter says, “Despite our best efforts, the news division has been incurring substantial losses over the past couple of years. Further given the competition Udaya News has faced, the viewership share of Udaya News is also relatively low, and that has further worsened the situation.”

Among the Kannada news channels, TV 9 tops the TRP charts followed by Public TV and Suvarna News.

The letter goes on to say that Sun TV is forced to close down Udaya News division for business reasons due to insurmountable losses that have accumulated and continue to be incurred.

Udaya News is the oldest news channel in Kannada.

Sun Network operates a host of Kannada channels including Udaya TV, Udaya Music, Udaya Comedy and Chintu TV.
 
Bro its wrong section to share the news, as well,news shared two days bfore
 
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