Saturday, August 16, 2008

Radhakrishna in a dilemma

 
Andhra Jyothi MD Mr. Radha Krishna is in deep trouble now. He has entered into an agreement with CNN IBN for launching a Telugu channel but had to pay more than 50 percent for his 50 percent share. Apart from losing money, there are numerous problems with his own staff. Some of them are willing to move to the channel with a view to get more salary while he wanted some of them to stay put with the newspaper. The unhappiness among the staff grew when an ex employee of the newspaper ( now in a leading channel ) was invited with a salary more than 1 lakh. Though there is no indication of acceptance of the offer, the print seniors are worried about working under him and the thought itself caused resentment among the staff. Now Mr. RK is unable to solve the problem of recruitments. On the otherhand, Mr. Sekhar Reddy and Mr. Ramarao at NEW TV haveprepared a list of probable staff to be poached from Andhra Jyothi and are said to be waiting for the final nod of their boss Mr. IVR

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