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Channel Eye will lease airtime to Lyca Group – Bandula (Video)

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Sri Lanka’s state-run Rupavahini Corporation will lease airtime of its Channel Eye to UK based Lyca group to earn revenue and mitigate losses, Information Minister Bandula Gunawardana said.

“A few hours of airtime would be leased to Lyca group for cricket broadcasts for which 25 million rupees would be charged for a month,” Minister Gunawardana said.

“At the moment it is making losses and cannot even pay the electricity bill.”

When the transaction was brought to cabinet for approval, he was informed that the matter was within the purview of the Board of Directors of Rupavahini Corporation.

The transaction with Lyca group came from a proposal made to the board.

“I have instructed them to call for public bids for a longer term contract to lease airtime for sports and entertainment,” Minister Gunawardana said.

“I addressed the directorate and made it clear that whoever, locally or internationally, may be willing to purchase air time of the channel may come forward and purchase under a tender, starting from 25 million as a base rate, and possibly even at 200 million at best.”

The board of directors have been appointed to earn revenues and turnaround the state enterprise.

“If you have any other suggestions to earn revenues we are willing to consider it,” Minister Gunawardana said.

The Lyca Group’s broadcast entertainment arm consists of Lyca Productions, which has produced Kollywood blockbusters such as Ponniyin Selvan I (2022) and II (2023), Vada Chennai (2018); along with Tollywood blockbusters Pushpa (2021) and RRR (2022), the latter which went onto have an international release in the United States and Japan, after becoming India’s highest opening-day grossing film to date.

(economynext.com)

(Except for the headline, this story, originally published by economynext.com has not been edited by SLM staff)

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UN Rights chief meets families of missing persons

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A group of activists and families of missing persons handed over letters and memorandums to the visiting United Nations High Commissioner for Human Rights Volker Turk in Trincomalee today (June 25).

UN Human Rights Spokesperson – Jeremy Laurence, who is accompanying the High Commissioner, said while in Trincomalee that Mr. Volker Turk expressed sorrow and solidarity with the families of the disappeared.

Meanwhile, a peaceful demonstration was also held in Trincomalee during this visit, where a group of activists and victims of disappearances was seen holding placards and banners.

The UN High Commissioner for Human Rights will visit Kandy before concluding his official visit to Sri Lanka tomorrow (June 26) after a special press briefing in Colombo.

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200 new super luxury buses to be procured for expressways

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There is an urgent need to introduce new buses to the Sri Lanka Transport Board (SLTB) bus fleet, as nearly 52% of the regular bus fleet of the Sri Lanka Transport Board and nearly 94% of the luxury bus fleet have exceeded the economic life span. 

As to the insufficient buses to meet the passenger demand on the expressway, the Sri Lanka Transport Board (SLTB) is currently operating 61 luxury buses belonging to the private sector on a profit-sharing basis. 

Therefore, the Sri Lanka Transport Board (SLTB) has decided to purchase 200 new super-luxury buses by using their own funds. 

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Transport, Highways, Port and Civil Aviation to purchase 29 super luxury buses through the financially capable depots and to purchase the remaining buses by making a down payment using SLTB funds and the balance to be paid in monthly instalments over a period of 5 years.

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Upuldeniya further remanded

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Suspended Commissioner General of Prisons Thushara Upuldeniya, has been further remanded until July 09.

The order was issued by the Colombo Magistrate’s Court after considering the submissions made by Deputy Solicitor General Suharshi Herath, who appeared on behalf of the Criminal Investigation Department (CID), and President’s Counsel Sarath Jayamanne, who appeared on behalf of the defense.

The CID arrested Thushara Upuldeniya on June 09, in connection with investigations into allegations that he aided and abetted the unlawful release of an inmate from Anuradhapura Prison under the Presidential Pardon granted for Vesak Poya.

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