As reported earlier, the group invested Rs. 50-60 crore in the channel which was expected to be launched by end of the calendar year 2019.
Sun TV Network Group CFO SL Narayanan commented: “The hold is because of the kind of situation which now exists. Due to prevailing economic condition, we are treading with caution now. We’re unlikely to go and make a big splash at this point in time.”
Sun TV Network president & MD R Mahesh Kumar had already said that the investment in Sun Marathi is approximately Rs 50-60 crore.