If the rumours in the media circles are to be believed, YS Jagan Mohan Reddy's Sakshi Media is up for sale. Jagran Prakashan Ltd (JPL), the publisher of the country's largest daily Dainik Jagran, is keen on acquiring Sakshi group and they are rumoured to be offering a whopping 1500 crore for this deal.
Jagan is rumoured to be selling off Sakshi to raise funds for his political activities, party, and election expenses. Sakshi is the Top-3 News Channel in Telugu. Jagan is confident of coming to Power this time and wants to focus on politics full-time as CM and want to exit from the media field.
Sakshi is the backbone of Jagan's Political Career. If Jagan comes to Power this time, the role of Sakshi is second to none. The deal is expected to be finalized soon, anytime before the announcement of AP Assembly and Lok Sabha results on May 23rd. This deal is rumoured to be the 'biggest deal' in the media field.
