Strategic alliance between MAA TV and Sony TV

Strategic alliance between MAA TV and Sony TV

MAA Television Network Limited and Sony Pictures Television (SPT ) have signed a Letter of Interest (LoI) to enter into a strategic alliance enabling SPT or any of its affiliates to acquire 30% equity stake in MAA Television Network Limited on signing the Definitive Agreement.

Nimmagadda Prasad, Chiranjeevi, Nagarjuna and Allu Aravind are the four main promoters of MAA Television Network Limited and together they control about 95 % of the company’s equity capital at present.

Manjit Singh, CEO of MSM India, Sony Pictures Television’s Indian operations, said that an alliance between SPT and MAA TV will provide strategic opportunities for both companies to prosper.


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