Renowned journalist and broadcaster Arnab Goswami personally owns over 82 per cent stake in Republic TV, the company that runs one of the country's most-watched news channels said on Wednesday, clearing the air around its ownership.
In a statement, Republic Media Network said Goswami holds over 82 per cent of ARG Outlier Media Pvt Ltd -- the firm that owns and operates Republic TV.
His company also owns 99 per cent equity in the downstream digital entity that controls the digital assets of the network.
Without disclosing other shareholders, Republic Media Network said the statement was being issued to "clarify the details of its promoter shareholding" in view of "misleading" media reports making "false and malafide claims about the exact ownership of the consolidated network."
It said Goswami through his personal investment and family owned around 84 per cent shareholding in ARG Outlier Media Pvt Ltd at the time of launch of the English news channel Republic TV in 2017.
"After the ...
