Republic Media Network's shareholding made public: Arnab Goswami controls 82% equity

Republic Media Network has taken note of a series of misleing reports in Indian and International media, making false and malafide claims about exact ownership of consolidated network. And in this context, it has decided to clarify details of its promoter shareholding.

At time of launch of English Channel Republic TV, Arnab Goswami, through his personal investment and family structures entirely controlled by him, h around 84% of shareholder equity through his promoter entity in ARG Outlier Media Pvt Ltd. 

After initial capital raise to fund launch of English Channel, Arnab Goswami raised furr capital for expansion through a small equity raise, in February 2019, and since n continues to hold over 82% of ARG Outlier Media Pvt Ltd. Furr, his company of which he sole promoter owns 99% equity in downstream digital entity that controls digital assets of network under URL www.republicworld.com.

All of Arnab Goswami’s three legal and corporate entities are registered in India. His present controlling equity of 82%+ makes him one of largest individual shareholders in Indian news media landscape and first journalist to achieve this feat.

refore, Arnab Goswami, Editor-in-Chief of Republic Media Network, is sole promoter and Chairman of Board of Republic Media Network (RMN). This makes Republic Media Network, aside from being solely promoted, a career journalist-owned network, which is unique in context of Indian news media ownership.