After successfully launching several mega development projects all over the country, famous real estate tycoon of Pakistan Malik Riaz is all set to enter in the media industry. According to the reports of daily English newspaper of Pakistan, Bahria Town is planning to enter in the media industry with its 4 channels. Real Estate organization is planning to launch news, entertainment, sports and property channels of Pakistan. Media experts are saying that it will be a very big development in the media industry and will bring some positive changes for both journalism and journalists.
Sources of Pakistani media industry have claimed that Malik Riaz had called a meeting with few popular journalists of media industry, last week in Dubai. In this meeting, Malik Riaz had expressed his ideas regarding introducing 4 new television channels in Pakistan. Sources have claimed that some renowned media personalities have appreciated this initiative of Bahria Town and Malik Riaz, and agreed to join it. Media personalities have said that this development would lead to the promotion of quality and professionalism in the media industry.
It is to be noted that Bahria Town is bulk buyer of Pakistani media industry and its channels will not rely on the external advertisements.