The TV in the channel name had to be added following BJP leader Subramanian Swamy’s objection that the Constitution prohibits the usage of certain words for professional and commercial purpose, which include ‘Republic’.
Arnab has got the whole infrastructure ready in four months and has 300 people join in. He calls Republic TV as “a pro-people organisation” which will be “fiercely independent”. The channel is expected to launch in 4-5 weeks. Goswami has teamed up with Rajya Sabha MP and NDA vice-chairman Rajeev Chandrasekhar for his TV and digital news venture. The two, along with Goswami’s wife Samyabrata Ray Goswami, have floated two companies named ARG Outlier Media and SARG Media Holding for the venture. Chandrasekhar, who is the also the CMD of Asianet News Network, is one of the main investors in the venture. Besides Chandrasekhar, other investors in the venture include DEN Networks promoter Sameer Manchanda, Aarin Capital Partners’ Ranjan Ramdas Pai, Veteran investment banker Hemendra Kothari, Asian Heart Institute’s Ramakanta Panda, TVS Tyres’ R Naresh, Shobhana Ramachandhran and Renaissance Jewellery owner Niranjan Shah.