Chiranjeevi in media business
Chiranjeevi has plans to launch a TV channel and a daily news paper. According to sources, the electronic and print media which will be launched soon will support the activities of his political party Praja Rajyam. It will also further the film business conducted by his family members Allu Aravind and Naga Babu. Soon Pawan Kalyan and Ram Charan Tej will also turn into film producers.
Chiranjeevi is said to have finalised in taking over an existing TV channel and the deal will be inked soon. A separate media firm is being floated by members of Chiranjeevi family to operate the TV channel. However, the daily news paper will be launched by Praja Rajyam Party and run by it.
The names of the TV channel and the daily news paper have not yet been finalised.