![]() The new JV, Star Jupiter, will also make additional investments for launching new channels in South India.Vijay, the Tamil language general entertainment channel currently operated and owned by Star, will come under Star Jupiter, according to a report in. Menon holds about 26% stake.ĪCL broadcasts channels in Malayalam (Asianet, Asianet Plus), Kannada (Suvarna), and Telugu (Sitara). It’s not clear how much stake the original founders and promoters like Raji Menon will hold in the new joint venture. We have listed the Asianet Channel Name and Channel Number below. channels in Tamil and English, Udaya TV in Kannada, and Asianet in Malayalam. The financial terms of the deal are not available.Ĭhandrasekhar, the former telecom entrepreneur, bought ACL in late 2006 via his investment firm Jupiter Entertainment Ventures. TELEVISION The most successful news channel is the Hindi-language Aaj Tak. The deal, however, does not include the news business. The new JV will be called Star Jupiter Entertainment Television Ltd (Star Jupiter). Star will take a majority stake in a joint venture company with Asianet’s current owner Rajeev Chandrasekhar’s Jupiter Entertainment Ventures which will hold the TV company. Indian Channels (Malayalam, Hindi, Tamil, Telugu, Kannada, Marathi, Punjabi, Gujarathi) and World wide News TV. Star’s acquisition of majority stake in Asianet shows the importance of growing South Indian media.Īsianet Communications Ltd (ACL), Malayalam’s first entertainment television company, has finally landed in the hands of Rupert Murdoch’s Star TV. ![]()
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