[icernet] Tara Marathi Shuts Shop

[Arul Selvan]

Tara Marathi has shut operations as Eternal Dreams, which was handling the
management of the channel incurred severe losses. Rathikant Basu-promoted
Broadcast Worldwide, which started the Tara group of regional channels, had
entered into an agreement with Eternal Dreams to contract the management of
the Marathi channel for three years.Tara’s regional language channels in
Punjabi and Gujarati had already shut shop long back. Rathikant
Basu-promoted Broadcast Worldwide ran its regional channels under Tara
(Television Aimed at Regional Audiences).But the channels faced rough
weather soon as Star refused to distribute the channels. Besides, the plan
to come out with an initial public offering (IPO) also did not materialise. 

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=25029