Well, is it?
To be fair, the disclaimer on the website's About Us page states: "No materials on this website are intended to speak in the name of the Church."
One must wonder, then: Wherefore the name "RealCatholicTV"? Does this indicate that the producers of RealCatholicTV.com perceive themselves as "more Catholic" than, say, EWTN or Salt+Light Television? (It would seem that the contemporary movement to "out-Catholic" another represents a spiritual malaise which breeds polarity, division, and hostility in the Church--precisely what the enemy of our salvation wishes to accomplish.)
To push the question further, why would an organisation identify itself as "Real Catholic" when in fact it does not intend "to speak in the name of the Church"? To separate Catholicity from its ecclesial reality is an instant recipe for schism. Just ask St Cyprian of Carthage.
Canon law is quite specific in who gets to call themselves Catholic. Individuals who are baptised and profess the Catholic faith are, of course, Catholic. This, mind you, pertains to physical persons, a category in canon law referring specifically to individuals like you and I (canon 96). Two other categories of persons exist in canon law, moral persons and juridic persons (cf. canon 113.1 and .2). Moral persons are mere de facto aggregates of physical persons, whereas juridic persons are--you guessed it--de iure aggregates of physical, or even moral, persons.
Thus, insofar as the members of RealCatholicTV.com have received the Sacraments of Initiation and profess the Catholic Faith in its entirety, they are, individually, Catholic. The problem, though, is that the name of the organisation begs to differ: (1) real, (2) Catholic, (TV). A television station or broadcasting network cannot be physical persons. The members who work for the station might be moral persons, but according to canon law, the only the "Church" and the "Apostolic See" are moral persons by divine right and only these moral persons can be properly called "Catholic."
Now we get to the crux of the issue: "No association is to assume the name Catholic without the consent of competent ecclesiastical authority according to the norm of can. 312)." The only "competent ecclesiastical authority" that can grant the title of "Catholic"--assuming that RealCatholicTV intends at least to be a private association of the faithful--is the Holy See, the episcopal conference, or the local Ordinary.
In other words, the only thing that is really and truly Catholic are (1) the Catholic Church and the Apostolic See, (2) individual believers, and (3) those associations of the faithful who have been granted, lawfully, the title "Catholic."
So, is RealCatholicTV.com really Catholic? No, it isn't.
We can go even further. It is well-known, now, that certain speakers associated with the said organisation have fallen out of favour with certain bishops who, unlike laypersons, exercise a divine right to govern their diocese and their subjects. And then we have the recent news that the organisers of World Youth Day 2011 in Madrid, Spain, have clearly noted that any speaking engagement by RealCatholicTV constitutes an unofficial presence.
It goes without saying that RealCatholicTV.com is known for its combative style and forcefully uncharitiable--indeed un-Christian--diatribes. Thus we conclude with the magisterial words of the Second Vatican Ecumenical Council: "Even though incorporated into the Church, one who does not however persevere in charity is not saved. He remains indeed in the bosom of the Church, but 'in body' and not 'in heart.' All children of the Church should nevertheless remember that their exalted condition results, not from their own merits, but from the grace of Christ. If they fail to respond in thought, word, and deed to that grace, not only shall they not be saved, but they shall be the more severely judged" (Lumen gentium n. 14).
If the viewers of RealCatholicTV.com want exposure to real Catholicity, then they should be attuned in heart and mind to the Church's liturgy, especially the Most Holy Eucharist, and to receive with docility and obedience the teachings of the Magisterium rather than view the rantings of a few disgruntled Catholic believers.