Imagine TV shuts shop, staff told to leave today
April 12, 2012 14:49
This is what the Reuters report says:
US-based Turner Broadcasting System Inc, a Time Warner company, has decided to shut its Hindi general entertainment channel 'Imagine TV' in India as poor ratings hampered any further investment in it, a senior company official said. Turner had bought a majority stake in the channel from Indian broadcaster NDTV in 2009 for $117 million.