Media Vichar Manch

Does Indian print media need foreign capital?

The Indian print media is in for a churn. Circulation and print orders are growing. New newspapers are being launched. Bombay is seeing intense competition after many years. The influence of the market is also growing in all newspapers. The demarcation between news and advertising is getting thinner by day. In such a scenario, what role can foreign investment play? Can it better the situation or worsen it? Who will be the gainer in this game?

Delhi cautious on FDI in newspapers
Government seeks to expand growing newspaper markets to foreign investors
The Bangkok PostFriday, July 15, 2005
By Dinesh C. Sharma
The Indian government recently announced a new policy on foreign direct investment (FDI) in the print media. The move comes after years of discussion and debate in media and political circles on whether print media should be opened to foreign capital. While the well-entrenched print media houses opposed the entry of foreign newspapers, liberals felt there was no point in keeping print media out of bounds to foreign investment when foreign companies own and operate television news networks in India.
Full article at: http://www.asiamedia.ucla.edu/article.asp?parentid=26816

posted by Dinesh C Sharma @ 10:23 AM