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News Express to spend Rs 100 cr by March end

Television news channel News Express today said it will spend Rs 100 crore this financial year on operational expenses. “We have a budget of Rs 100 crore for operational expenses during this financial year. The company has already invested approximately Rs 40 crore in infrastructure and Rs 35 crore in distribution. Expansion budget will be allocated separately,” News Express Channel Head Mukesh Kumar said.

<p style="text-align: justify;">Television news channel News Express today said it will spend Rs 100 crore this financial year on operational expenses. "We have a budget of Rs 100 crore for operational expenses during this financial year. The company has already invested approximately Rs 40 crore in infrastructure and Rs 35 crore in distribution. Expansion budget will be allocated separately," News Express Channel Head Mukesh Kumar said.</p>

Television news channel News Express today said it will spend Rs 100 crore this financial year on operational expenses. “We have a budget of Rs 100 crore for operational expenses during this financial year. The company has already invested approximately Rs 40 crore in infrastructure and Rs 35 crore in distribution. Expansion budget will be allocated separately,” News Express Channel Head Mukesh Kumar said.

News Express Channel is a venture of Rs 1,500-crore Sai Prasad Media group, which has interest in food, property, finance, infrastructure, energy and film production businesses, among others. Kumar added that the company expects to break even in the next two to three years. “However, we expect the brand value of the channel to build within the next three months,” he said. The company today announced launch of its high definition channel. In addition, News Express has applied for a licence for regional channel in Madhya Pradesh and Chattisgarh states. Kumar said that internal discussions are on in the company to apply for a license for one more regional channel. “We expect to get clearance for these two Hindi regional channels in four months. After this we will work on budget to fund our expansion plan,” he said.

Kumar said the company has tied up with 100 regional cable operators and most of the multi-system operators. The company has set-up 8 bureaus across the country. As part of its expansion, News Express will hire around 50 journalist during this calendar year. “We are looking for experienced journalist and are not hiring any journalist with less than three years of experience. This year we will go for approximately 50 mid-level hiring,” Kumar said.

दिल्ली डेटलाइन से समाचार एजेंसी PTI द्वारा जारी की गई खबर

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  1. Pankaj Kumar

    August 24, 2011 at 8:10 pm

    Can I get an opportunity to work with this channel???? ha ha ha ha ha

  2. faiz

    August 25, 2011 at 4:00 am

    sir aap chahe jitne kharch kare aap ki marzi par aap ke stringer channel ke shrurat me dukhi hai , aap ke ek stringer ne mujhse udhar rupey lekar pariwar chala raha hai aise me aap ke channel se koi ummid kare to bemani hogi……(bhadas bhaiya hamara comment bhi chhap diya karo agar koi channel add dega to kya aap apne pathak ko bhi bhul jayoge….

  3. deepak kr

    August 25, 2011 at 4:44 am

    अरे भाई, इतना मोटा पैसा खर्च कर कौन महाशय चैनल को बेहतर बनाने की गारंटी ले रहा है। वीओआई ने कम पैसा खर्च किया था। आज कहां है किसे कुछ पता नहीं। वीओआई का अस्तित्व ही खत्म हो गया है। फिर इतनी जल्दबाजी में मालिक लोग किसके भरोसा पैसा खर्च कर रहे हैं जरा उन्हें भी करीब से जान लें।

  4. Abhinav Sharma

    August 25, 2011 at 12:30 pm

    ye channel isliye itna aage badh raha hai kyonki iske malikon ne channel ki dukaandari nahin ki, channel vahi aage badh sakta hai jo dukan dari nahin karta ya security Deposit nahin leta ki 25 ya 50 hazar do or id le jao.

    kisi bhi channel ke aage badhne ka raaz uske dwara dukandari nahin karna hai, varna aaj kal ke channel walo ka bas chale to Conought place yafilm city noida main thela le kar mic ID ya buccer bechna shuru kar de.
    News express badhai ho….

  5. Abhinav Sharma

    August 25, 2011 at 12:31 pm

    Congratulations News Express…

  6. sushil kumar

    August 26, 2011 at 11:21 am

    mukesh ji ki mehant rang jaroor layegi

  7. suresh mishra

    August 29, 2011 at 7:28 am

    chainal ko chalaane me rupaye ki jaroorat hoti hai lekin yah bhi to dekhiye ki rupayaa kharch kahaan ho rahaa hai ? kuchh buero to aise hain jo akhabaar dekhkar script likhate hain jabki stringers ke to bhagwaan hi maalik , kuchh daant ukhaad hain to kuchh ko yahi nahi pataa ki v.o. ka kya matlab . ab in par rupaye kharch karne se to chainal ki pragati hoti nahi dikh rahi hai. fir bhi sabhi ko shubhkaamanaa.

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