There was a recession going on in telugu media channel. From past years, the situation is not good for media in two telugu states. The management is also trying to reduce the employees and with corona, they reduced salaries from 30 to 50 percent. No one is ready to question as this may lead to the loss of their jobs also. Now, the staff is living a poor life with the given salary.
Everyone know eenadu is in good position in media rankings as No.1 news presenter. Now, even eenadu staff also facing a a reduction of salary. Every month, salary is tranferred to their bank accounts in last working days of the month. Now, they got the salaries after 10 days. Now, there is another shock to them.
In the salaries of eenadu employees there are chances of cutting 20 to 40% of salaries. Except in sakshi, this reduction of salaries is observed in almost all employees of top newspapers. andhra jyothi has cut down the maximum salary.
Closure of two news channels:
Coming to electronic media, there are no ads coming. From past 3 years, one or none companies are giving advertisements. It is known that ads contribute to major income of newspapers. Due to lockdown, companies felt that expenditure on marketing is not a good thought during less sales. One news channel, which says it is first ap base news channel and another channel which is facing loss from past 10 years, are ready for shut down.
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