Death of a news channel

There is sad news for television viewers in Assam. On 1 October, the management 
of Prime News, a Guwahati-based 24x7 privately-owned TV channel, notified its 
employees that it had decided to shut down because of heavy losses. The 
decision comes as a jolt to the Assam media fraternity because only last April 
the Seven Sisters’ Post, an English daily, and Sakalbela, a Bengali daily with 
its prime edition in Kolkata, had stopped publication. Prime News was started 
by a chit fund company called Jeevan Surakhya Group about three years ago. The 
two dailies were launched by the now-collapsed Saradha Group of Companies.
Recently, Prime News (http://www.primenews. com) was taken over by Brahmaputra 
Infrastructure (Pvt) Ltd. It engaged over 170 “direct” employees, including 
journalists, and another 100 “partial” or “indirect employees” across Assam.

http://thestatesman.net/news/18657-death-of-a-news-channel.html
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