Exclusive: Why did Arnab Goswami resign as Editor-in-chief of Times Now

Unconfirmed reports suggest that Arnab Goswami is entering into a media venture

Times Now Editor-in-Chief Arnab Goswami on Tuesday resigned from the post of Editor-in-Chief of Times Now and ET Now. The news has taken the social media by storm as the senior journalist is very popular among the masses. People are making wild guesses as to his new venture. Why did he resigned?

Unconfirmed reports suggest that Arnab Goswami is entering into a media venture with entrepreneur and Member of Parliament Rajeev Chandrashekhar. Sources told InUth.com that he wants to be a stakeholder in any new project he undertakes. “There is no question of such an arrangement while working with the Times Group,” said a source.

“You have to understand Arnab Goswami doesn’t take life decisions at whims. Clearly, he has been planning this for long. One of the biggest drawbacks of working for the Times Group is you will always remain of an employees. Even Rajdeep Sardesai had a stake in TV 18,” the source added.

The big question that everyone at the Times group is asking is, who would the next Editor-in-Chief?

One of the names floating around is Sagarika Ghose. But many rule that possibility out. “Her brand of journalism is very different than Arnab’s,” a source said.

Arnab Goswami had joined Times Now in 2006. He took the channel to the number 1 position in the category of English news channels. Times Now has not climbed down from the position since. Two of his shows– Newshour and Frankly Speaking- are widely followed.

Who is Rajeev Chandrashekhar

Rajeev Chandrasekhar is a Rajya Sabha Member of Parliament. He represents Karnataka. He is also a successful entrepreneur. He is the founder of mobile service provider BPL Mobile. Before launching BPL, he was a techie at Intel Corporation. He was a part of the team that designed Pentium microprocessor. Rajeev sold BPL Communications to Essar Group or US$1.1 billion in 2005. He founded Jupiter Capital, an investment company in 2005. The Jupiter Entertainment Ventures Private Limited operates media houses like Asianet News.