Kalanithi Maran

Last updated

Kalanithi Maran
Kalanidhi maran.png
Alma mater Loyola College, Chennai
University of Scranton
Occupation Media proprietor
Known forFounder & Chairman of the Sun Group
SpouseKavery
Children Kavya Maran
Parent
Relatives Dayanidhi Maran (brother)

Kalanithi Maran is an Indian media proprietor who is the chairman and founder of the Sun Group. [1] [2] [3] He owns television channels, newspapers, weeklies, FM radio stations, DTH services, 2 cricket teams (Sunrisers Hyderabad) [4] in the Indian Premier League (IPL) and Sunrisers Eastern Cape in South Africa T20 League (SA20), along with a movie production house, Sun Pictures. He also held a major share in the Indian airline Spice Jet from 2010 to 2015. [5] [6] [7]

Contents

Career

In 1990, Maran started a monthly magazine in Tamil called Poomaalai. On 14 April 1993, he founded Sun TV. [8] [9] Sun TV was listed on the Bombay Stock Exchange on 24 April 2006 upon raising $133 million [10] for 10% of the share capital, catapulting him into the billionaire charts. [11] He was among the few representatives at a roundtable with the visiting then US President Bill Clinton. [12]

By 2023, he was the 77th richest Indian, with a net worth of US$3 Billion, [13] and is the highest paid business executive in India. [14] Maran and his wife, Kavery were ranked the highest paid Business executives in the list of Indian executive pay charts with a package of ₹62 crore (US$7.8 million) each.

He has won Young Businessman awards from CNBC and Ernst & Young, [15] and Forbes magazine named him the "Television king of southern India". [16]

Personal life

Kalanithi Maran is the son of the former Union Minister of India Murasoli Maran and grand-nephew of Former Tamil Nadu chief minister M. Karunanidhi. His younger brother Dayanidhi Maran was also a former minister. Kalanithi Maran married Kavery, a native of Kodagu, and has a daughter named Kaviya Kalanithi Maran (born November 03, 1991) who is an MBA graduate from New York University Stern School of Business, USA. [17] Kalanithi Maran did his schooling in Don Bosco, Egmore, Chennai. He graduated in commerce from Loyola College, Chennai. He did his MBA from University of Scranton. [18] As of 2023, his net worth is US$3 billion. [19]

Related Research Articles

<span class="mw-page-title-main">Mukesh Ambani</span> Indian billionaire (born 1957)

Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and managing director of Reliance Industries. With an estimated net worth of $113.7 billion as of March 2024, he is the richest person in Asia and 11th richest in the world. Sometimes characterized as a plutocrat, he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.

SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of November 2023, it is the fourth largest airline in India by number of domestic passengers carried, with a market share of 6.2% and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.

<span class="mw-page-title-main">Sun TV (India)</span> Indian television channel

Sun TV is an Indian Tamil-language general entertainment pay television channel owned by Sun TV Network. It was launched on 14 April 1993. It is the flagship channel of the Chennai-based media conglomerate Sun Group's Sun TV Network. It was founded and is owned by Kalanithi Maran.

<span class="mw-page-title-main">Sun TV Network</span> Indian media company

Sun TV Network is an Indian Media conglomerate company headquartered in Chennai, Tamil Nadu, India. It is a part of Sun Group and is one of Asia's largest TV networks. Established on 14 April 1993 by Kalanithi Maran, it owns a variety of television channels in multiple languages and radio stations in multiple languages. Its flagship channel is Sun TV.

<span class="mw-page-title-main">Dayanidhi Maran</span> Indian politician

Dayanidhi Murasoli Maran is an Indian politician and one of the prominent members of Dravida Munnetra Kazhagam party. He was elected thrice as a Member of Parliament to Lok Sabha from Chennai Central constituency during the 2004 general elections, 2009 general elections & 2019 general elections.

Dinakaran is a Tamil daily newspaper distributed in Tamil Nadu, India. It was founded by K. P. Kandasamy in 1977 and is currently owned by media conglomerate Sun Group's Sun Network. Dinakaran is the second largest circulated Tamil daily in India after Dina Thanthi as of 2015. It is printed in 12 cities across India. Dinakaran was founded in 1977 by K. P. Kandasamy after he split from Dina Thanthi owned by his father-in-law S. P. Adithanar during the split of All India Anna Dravida Munnetra Kazhagam from Dravida Munnetra Kazhagam. In 2005, the newspaper was acquired from K. P. K. Kumaran by Kalanithi Maran's Sun Group.

<span class="mw-page-title-main">Gemini TV</span> Indian Telugu-language TV channel

Gemini TV is an Indian Telugu language general entertainment pay television channel owned by Sun TV Network. It was launched on 9 February 1995. Gemini TV is the first satellite TV channel in Telugu. The channel's programming consists of serials, films, film-based programs and game shows alongside some reality shows. Gemini TV HD was launched on 11 December 2011.

<span class="mw-page-title-main">Murasoli Maran</span> Indian politician

Murasoli Maran was an Indian politician and an important leader of the Dravida Munnetra Kazhagam (DMK) party which was headed by his maternal uncle and mentor, M. Karunanidhi. A Member of Parliament for 36 years, he was made a Union Minister in three separate central governments, in charge of Urban Development in the V.P. Singh government, Industry in the Gowda and Gujral governments, and finally Commerce and Industry under Vajpayee. Apart from being a politician, Maran was a journalist and scriptwriter for films too.

<span class="mw-page-title-main">AR Murugadoss</span> Indian film director, screenwriter and film producer

Murugadas Arunachalam, known professionally as AR Murugadas, is an Indian film director, screenwriter and film producer who predominantly works in the Tamil film industry. He is best known for directing action films mainly on social issues. In addition, he has worked in Telugu films and Hindi films. Murugadoss won the Filmfare Award for Best Director for his 2014 Tamil action drama Kaththi.

<span class="mw-page-title-main">Udaya TV</span> Indian Kannada-language TV channel

Udaya TV is an Indian Kannada language general entertainment pay television channel owned by Sun TV Network. Udaya TV is telecast in several nations like India, some Gulf countries and the United States. Udaya TV was launched on 1 June 1994.

<span class="mw-page-title-main">M. K. Alagiri</span> Indian politician

Muthuvel Karunanidhi Alagiri, commonly known as M. K. Alagiri, is an Indian politician from Tamil Nadu and was a Union Cabinet Minister of Chemicals and Fertilizers from 28 May 2009 to 20 March 2013. He is the second son of the former Chief Minister of Tamil Nadu, M. Karunanidhi and his second wife Dayalu Ammal and the head of South Zone of Dravida Munnetra Kazagham.

<span class="mw-page-title-main">Indian Premier League</span> Franchise T20 cricket league annually held in India

The Indian Premier League (IPL), also known as the TATA IPL for sponsorship reasons, is a men's Twenty20 (T20) cricket league held annually in India. Founded by the BCCI (the Board of Control for Cricket in India) in 2007, the league features ten state or city-based franchise teams. The IPL usually takes place during the summer, between March and May each year. It has an exclusive window in the ICC Future Tours Programme, resulting in fewer international cricket tours occurring during the IPL seasons.

<span class="mw-page-title-main">Sun Direct</span> Indian satellite television provider

Sun Direct is an Indian subscription based satellite television service provider, owned by Sun Group. It was launched in December 2007. It transmits digital satellite television and audio to households in India. Sun Direct uses MPEG-4 digital compression, transmitting HD Channels and SD Channels on MEASAT-3 at 91.5°E. Sun Direct Max, an Android set-top-box from Sun Direct, which supports 4K with Dolby Vision and Dolby Atmos is expected to launch on June 2024.

The article speaks about the many print, television and radio networks that dominate Chennai city's mass media market.

<span class="mw-page-title-main">Chennai Super Kings</span> Indian Premier League cricket franchise

Chennai Super Kings (CSK) is an Indian professional cricket franchise based in Chennai, Tamil Nadu. The team competes in the Indian Premier League (IPL) and was one of the eight franchises incorporated when the league was established in 2008. The team plays its home matches at the M. A. Chidambaram Stadium in Chennai and is owned by Chennai Super Kings Cricket Limited.

<span class="mw-page-title-main">Sun Group</span> Indian media conglomerate

Sun Group is an Indian media conglomerate, based in Chennai. It was founded by Kalanithi Maran in 1992. Sun Group, besides television media, has 48 FM radio stations, two daily newspapers, five magazines, a DTH satellite service and T20 cricket franchises.

The Karunanidhi family are an Indian political family who have had considerable influence in the politics and cinema of Tamil Nadu. The most notable member of the family was M. Karunanidhi who was the Chief Minister of Tamil Nadu for five terms and was the DMK party leader from 1969 till 2018.

<span class="mw-page-title-main">Sunrisers Hyderabad</span> Bangalore based franchise in the Indian Premier League

Sunrisers Hyderabad are a professional franchise cricket team based in Hyderabad, Telangana, India, that plays in the Indian Premier League (IPL). The franchise is owned by Kalanithi Maran of the SUN Group and was founded in 2012 after the Hyderabad-based Deccan Chargers were terminated by the IPL. The team is currently coached by Daniel Vettori and captained by Pat Cummins. Their primary home ground is the Rajiv Gandhi International Cricket Stadium in Hyderabad, which has a capacity of 39,000.

Kavya Maran is an Indian businessperson, CEO and co-owner of Sunrisers Hyderabad in Indian Premier League (IPL) and Sunrisers Eastern Cape in SA20 League. She is the daughter of Kalanithi Maran, the chairman and founder of the Sun Group.

References

  1. ↑ "From cable TV to aviation biz, Maran's march continues". The Financial Express. 13 July 2010. Archived from the original on 9 September 2010. Retrieved 8 August 2010.
  2. ↑ "Sun, Zee remain top on profitability charts". Rediff.com. 31 December 2004. Archived from the original on 15 November 2010. Retrieved 8 August 2010.
  3. ↑ Srikar Muthyala (29 September 2015). "The List of Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original on 14 January 2016.
  4. ↑ Mishra, Aditya (6 April 2021). "IPL Team Owners. List Of All IPL 2021 Team Owners". Voice of Indian Sports - KreedOn. Archived from the original on 29 May 2021. Retrieved 29 June 2021.
  5. ↑ "Strategic investor crucial for global foray". The Times of India. 6 April 2010. Archived from the original on 3 June 2016. Retrieved 13 September 2010.
  6. ↑ "New deal to take SpiceJet higher". Business Standard. 15 June 2010. Archived from the original on 7 June 2011. Retrieved 8 August 2010.
  7. ↑ "Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet". The Hindu . Chennai, India. 13 June 2010. Archived from the original on 24 August 2010. Retrieved 8 August 2010.
  8. ↑ Karmali, Naazneen (30 November 2009). "Strong Signal". Forbes. Archived from the original on 29 August 2011. Retrieved 8 August 2010.
  9. ↑ "Rediff India Abroad, April 28, 2006 – Kalanithi Maran: A 'Sunshine' story, by Sanjiv Shankaran and S. Bridget Leena in New Delhi". Rediff.com. Archived from the original on 21 May 2011. Retrieved 24 January 2012.
  10. ↑ Bharatan, Shilpa (27 March 2006). "Variety.com, Monday, April 24, 2006, 6:36pm PT – Sun TV shines on Exchange". Variety. Archived from the original on 17 July 2009. Retrieved 24 January 2012.
  11. ↑ "Kalanithi Maran emerges a billionaire after maiden IPO" (PDF). Archived (PDF) from the original on 9 November 2014. Retrieved 9 November 2014.
  12. ↑ "Media Personalities – Kalanidhi Maran". Chennai Best. Archived from the original on 12 February 2012. Retrieved 24 January 2012.
  13. ↑ "#17 Kalanithi Maran". Forbes. 29 September 2010. Archived from the original on 24 January 2018. Retrieved 2 September 2017.
  14. ↑ "Newsmaker: Kalanithi Maran". Business Standard. Archived from the original on 13 December 2010. Retrieved 8 August 2010.
  15. ↑ "Welcome To Sun Network". Sunnetwork.org. Archived from the original on 1 September 2010. Retrieved 8 August 2010.
  16. ↑ "#20 Kalanithi Mar". Forbes. 18 November 2009. Archived from the original on 8 August 2010. Retrieved 8 August 2010.
  17. ↑ "MEDIA MARAN". Tehelka. 9 June 2007. Archived from the original on 19 December 2013. Retrieved 22 July 2013.
  18. ↑ "The story of Marans: Sun King and his brother". Business Standard. 30 August 2014. Archived from the original on 28 January 2018. Retrieved 28 January 2018.
  19. ↑ "Kalanithi Maran". Forbes . 30 August 2014. Retrieved 28 January 2018.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.