ABN lost 17 cr due to ban in Telangana

kcr-abn-radhakrishna-600Andhra Jyothy newspaper, ABN news channel Radha Krishna made interesting revelations in his Weekend comment program.

RK said, Supreme court gave favourable verdict to them after 506 days of legal battle . The media house has lost around 17 crore revenues in last 17 months due to blocking  the channel in the state by MSOs.  ABN channels has survived only because of the their daily ‘Andhra jyothi’ backing & support . It was very tough period (financially) when the government has stopped giving ‘government advertisements’ to ABN which amounts 1 crore per month .

RK also alleged that Telangana Chief minister K.Chandrashekar Rao is thoroughly exposed at National Level with Apex court’s verdict. Media Houses in the state are in fear to publish or telecast news items against KCR government. They didn’t even give enough coverage to the ‘CBI quizzing KCR’ news.

RK said, In past, He and KCR were good friend but KCR didn’t want his friendship and his channel never compromised in highlighting faults of KCR . He slammed at KCR for owning own media house and cooking sarcastic news items against him and also said that he is ready to face any kind of hurdles in future.

Surprisingly ABN channels was not yet restored in the Telangana despite the Apex court’s verdict to restore ABN channel in the state .