By A Correspondent
It’s true. It’s true. Yes, it’s true.
Arnab Goswami has quit Times Now as Editor-in-Chief and President News.
He is understood to have tendered his resignation today. He convened a meeting of senior editorial staffers at around 3.30pm saying that unless the management asks him to continue, the Newshour telecast tonight (Tuesday, November 1) will be his last.
Goswami is learnt to be starting his own venture with funding from a few investors. There are rumours of this venture being funded by industrialist-politician Rajeev Chandrashekhar and Rupert Murdoch’s Fox News. There are also rumours that Star India CEO Uday Shankar may be associated with the venture. However, there are some contradictions here. Murdoch’s Star India has exited the Indian news media since non-Indian companies aren’t allowed to have a majority shareholding.