Putting all speculations to rest, Times Network on Monday confirmed the resignation of Arnab Goswami as Editor-in Chief of Times Now, ET Now and Magicbricks Now. “He will remain in his current position with TIMES NETWORK till the latter half of November 2016 and will continue anchoring the flagship show Newshour till then,” read a statement released by the television arm of India’s largest media conglomerate, The Times Group (Bennett Coleman & Company Limited).
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Conveying his best wishes to Goswami, M K Anand, MD & CEO, Times Network, stated that “Times Network cherishes the decade-long association it had with Arnab. We are sure he will do well in his next endeavor and our good wishes are with him.”
In the spirit of reciprocity, Goswami, meanwhile, remembered his long journey with Times Now and shared, “It’s been an exciting ride at Times Network. We have changed the way news is done and I have worked with fantastic professionals in this journey. To these professionals, I dedicate the success of the last decade as I look forward now to the future.”
Last week, Goswami, who also holds the position of President (News) of Times Now, told his team that he had resigned from the group. He convened a meeting of his “core team” around 4.30 pm and told them that he had “just come after putting in his papers”, a correspondent who attended the meeting told The Indian Express.
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On Thursday, a three- minute video of Goswami’s farewell speech was leaked on the internet in which the prime time anchor – known for his aggressive style of conducting debates – was seen telling his team that they should not lose faith in independent media.
“Nobody can teach us independent media. It has come and I have been able to do it only because of you,” Arnab, in an emotional tone, told the team. Goswami also casually apologised to his team for ‘shouting at them’. “I only did it because I wanted this channel to be at the top,” he added.
At a CII summit in October, Goswami had mentioned the need for an Indian media brand operating on a ‘global stage.’ He also talked about an Indian media company that would challenge the ‘hegemony’ of western media groups.
Goswami shot to popularity for his daily prime time debate show ‘The News Hour’ that is reported to bring in over 60 per cent revenue for the news channel and has a dedicated audience base across the country. He also conducts detailed interviews with politicians, sportspersons and celebrities on ‘Frankly Speaking’, the most recent being with Prime Minister Narendra Modi.
He resigned after working at the top for 10 years at Times Now. Prior to that, Goswami had worked for similar duration at NDTV where he hosted a show with senior journalist Rajdeep Sardesai.