Arnab Goswami has repurchased Republic TV shares from Asianet, putting it on track to become an Editor-run news channel. The two-year old broadcaster is now valued at a whopping `1200 crore. Since its launch in May 2017, Republic TV has retained the leadership position among English news channels, completing 100 weeks as No. 1, says a press release issued by Jupiter Capital Pvt. Ltd.
Jupiter Capital is a financial services and investment company, and Asianet News is one of its portfolio companies. Rajeev Chandrasekhar is the founder
and chairman of Jupiter Capital Pvt. Ltd., and is a BJP MP. Jupiter Capital had invested `30 crore in Republic TV.