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Wednesday, March 22, 2006

The 'News' Business

I am unable to make up my mind on this issue. Whether ‘news’ is a product which is to be ‘sold’ by news sites or news channels or news papers etc or not?

Actually to my mind there are three ways to classify the ‘news’ business

Firstly you could classify ‘news’ is just a product like any other and the medium disseminating is concerned with making a profit. This is view with which I would like to be most comfortable with, but I am least comfortable with at present

Secondly you could classify 'news' business as a business of reporting facts and nothing but the fact - what is the difference between this option and the first one may ask - but there is which I shall elaborate later on

Thirdly, ‘news’ is a business of reporting/disseminating one's opinion on events that happen. Although I would like to be least comfortable with this view, it appears that this is the best we can get.

Let me consider each option one by one now and explore it in detail:

‘News’ as a product
If ‘news’ were a product just like any other, then it should be sold just like any other. And the basic rule of marketing is to sell what the customer wants – and customise the product as much as possible so that what you are selling is as close to what the customer wants to get (in this case – read & hear). Now what does that mean? Something like a CNN/BBC having multiple editions of their channels – one for their domestic audiences, one for middle-east region, one for Asia etc. And what about the content on these channels – customisation of the content implies not just more stories from that region/segment – but surely at some stage it implies broadcasting what the people their want to hear.

We already get customisation based on tastes, age, needs etc. So some 'news' is targeted at youth, some at businessmen, some at investors, some at housewives etc. What is to prevent the customisation to go to the next level and take editorial angle. Today that might be regarded as taboo, but in future it might not me. Further what is to say that some of that does not actually happen today? For what you need is not a diametrically opposite statements on different platforms – but slight nuancing of the messaging. I am convinced that some of it actually happens. Let me illustrate:

Imagine a ‘news’ organisation has two media outlets (be it news papers or news channels or websites or a mix of them) - one catering to investors (business) and other catering to 'desi' type of audience. The government does not cut food subsidies in the budget - in the business channel the focus is going to be how bad this is bad for the country and how the subsidies are increasing fiscal deficit etc. There will be ‘so called’ experts explaining why this is a bad move and how the country is paying a high price for ’mis-targeted subsidies’.
On your desi channel, the focus is going to be how government spared lower class consumers of price increases and how this is good news for the poor etc. You will have so called experts arguing why this was the right thing to do etc.

Think this does not happen? – just observe a business daily cover page and a normal vernacular daily cover page (from the same publication house) on the day after government raises kerosene or diesel or LGP prices. One would say 'govt finally bites the bullet' other would say 'kerosene becomes costly, lower sections to get hurt'. Isn't this a case of customising news based on what your readers want to read. The middle or lower class people do not want to read why raising these prices is a good/necessary thing nor are the business class readers interested in knowing how hardly this is potentially likely to hurt the lower sections of the society and hence why this could actually be a not such a good move after all.

Another off-shoot of this customisation business is creating the perception of being ‘fair’ or being ‘objective’ is creating of debates. So for any given topic you will inevitably have two people each of who surprisingly seems to have diametrically opposite views who will come to studios (or write columns) and speak for a minute for or against the topic and we get 'both sides' of the story. What the media creates is an 'illusion of debate'. This is their way of ensuring objectivity or fairness.

Well, if this is happening, why do I think this is wrong or why am I unhappy with this. The problem I have with this, is that this is happening without it being acknowledged as such. I would have no problems with it if 'news media' were to do this but openly acknowledge that this is what they do - after all they are in the business of making money and they make money by selling 'news' and they tend to make most money when they sell what people want. It’s simple business logic.

Another problem with this way of looking at media is that then we accord far more importance to media than it ought to be. Any given reporting from the media should not be taken at face value but rather discounted as that report is probably what I wanted to hear - and so not necessarily the truth (assuming there's something called as truth in the first place - which itself is debatable).

Do I think this is how ‘news’ business should run – inevitably yes and do I think this is how news business is being run – its getting there, and do I think this is what people think of the way in which the news business is being run – absolutely NO.

‘News’ as a business of reporting facts
This is the more romantic version of the way we like to think news business is being run. Most of us like to think of ‘news’ business as a business of reporting facts – hard facts – straight into your face kind of reporting. But does I argue above, this is far from the truth. A lot of this has to do with the basic objective of a news organisation - which is to make profits (and nothing wrong with it - that's the measure we have adopted for deciding most things). So a news organisation wants to produce content which people will be ready to pay for and maximise the sum product of viewers x price.

Now, if you are publishing a single story globally – suppose (assume for the argument sake) that invading Iraq was the right thing – you tell this in middle east, no one is going to switch on your channel or read your news paper – but if you say one thing in middle east and other thing in US, you increase your profitability.

The other bigger problem with the notion of ‘news’ business as one of reporting facts is that its very rare that fact's can be reported in isolation. US invading Iraq is a fact - but that cannot be a news story. You need to tell the 'why, when, where, who and how' of facts and that's where the boundaries between facts and opinions get blurred. What is security for one is freedom for another, what is dictator for one is religion for another etc. there is hardly any middle line. How do you report what is happening in Kashmir and appeal or both sides of the borders – it’s incredibly difficult if not impossible.

Another problem with ‘news’ as a business of reporting facts is that news business is today in midst of sensationalism. Today’s all about creating sensation – its all about exposé’s. And what comes finally is fact all right – but fact that is distorted and blown out of proportion.

In a country like India, there are more than 365 rapes that take place every year. Now the media starts reporting every single rape that happens - so there's a rape story every day in the press and then we get debates on things crimes against women are increasing and blah blah blah... A person gets murdered on a highway - he happens to be from the IT industry, and news gets made and IT industry is on the spotlight - what the hell, people get murdered everyday in this country and given that a large number of people work in IT industry and they generally earn above average salaries - they are likely targets, what's the fuss?

A reporter goes to a minister and puts cash on his table and says its just a token – you don’t have to do anything – the minister accepts it (even I would, someone’s giving me free cash!) and the story then gets made – minister gets caught red handed accepting cash – he sure did, but that does not mean that he’s done any favours or he has promised to.

All these are examples of factual reporting – but of facts which are either blown out of proportion or facts which have been artificially created.

‘News’ as a business of reporting opinions
This is the ideal case and this is what I would want every media organisation to do – simply state its opinion and not bother about making lofty claims of reporting facts. And overseas this is actually what some newspapers do overseas – some newspapers openly back parties in elections etc. But most media is a mix of reporting facts and opinions. Reporting on government policies for example one has to specifically state whether it is good for the country or bad - so what the paper is reporting is its opinion. But that opinion has to go into the editorial pages - but it often slips into the cover pages.

But the bigger problem is that the opinion of the editor may not be what the reader would want to read (simply because he does not agree with it). What happens then? What happens when the marketing department and the editorial department clash? Should the opinions be modified to suit the reader's tastes or should the editor be changed or should the opinions of the editor stay as it is in the hope that in the long run, people will appreciate the quality of reporting? I am afraid what happens in India is the former.

And this is what makes me uncomfortable with this opinion way of looking at news. In this day and age of commercialism, it is very difficult for a news organisation to take a idealistic stance and report what it thinks is the right thing (when its own opinion is just an opinion and as likely to be incorrect). The marketing department would inevitably take over slowly but surely and the paper would get transformed into option 1 – customisation and segmentation – selling what the reader wants.

So in final analysis, what we are likely to get is a media business which reports/states what the reader wants to read/hear. So as a reader we ought to give considerably less importance to media than we do currently but this is unlikely to happen until people realise the true nature of this business. This business is not about reporting facts - its about reporting stories which most people want to read/hear (stories which appeal to the masses!)

That’s it for now…..

Thursday, March 16, 2006

Commiting blasphemy - here's how

If you live in India and if you didn't swore by any of the statements below, you would be deemed to commit blasphemy. Here's my list (arranged by topics)

Business
  • Birla group, Tata group, Bajaj, Hero group represent some of the best of indian entrepreneurship and reflect some of the most efficiently managed companies and the best in terms of corporate governance
  • Reliance settlement was very shareholder friendly and carried out in the larger interest of 'minority shareholders'
  • Companies like Infosys, Wipro are some of the most sought after companies to work and their HR practices are some of the best in the country
  • Corporate India is all for liberalisation, free trade, competition
  • Sensex is fairly valued and is likely to be rangebound for some time

Sports

  • Sachin Tendulkar is the best batsman in the country and has been so for few years, having proved his mettle through his service to indian cricket over more than a decade and a half
  • Cricket fans in India are very knowledgeable of the game
  • Narayan Karthikeyan was very unlucky not to get a drive in this year's Formula One World Championship

Entertainment

  • Shahrukh Khan is the best actor in the country
  • Karan Johar is one of the best directors currently
  • Bollywood is big overseas
  • Aishwarya Rai has broken into hollywood
  • Award functions are a means of recognising and appreciating talent and performances

Media

  • Times of India is the best newspaper in the country
  • The job of media is to report facts - hard facts
  • Media does not exist purely for profits

Politics

  • Politicians are not professionals - that cannot be their profession
  • Politics is a means to serve the country and its people and make a difference
  • India is served by some highly intellectual people in the government
  • APJ Abdul Kalam has been very good as a president

Social

  • Pre-marital sex is a taboo

Alas... I disagree with every single line said above.

I commit multiple blasphemies...

God save me...

That's it for now...

Tuesday, February 28, 2006

The Importance of English

There are a lot of people in India, who dont' quite appreciate the importance of English. They consider English as a foreign language (which it certainly is) and a leagacy of the British rule (which again it certainly is). Then they go on to try and de-emphasize the growing importance of English in the country as a medium of communication and a medium of instruction.

The arguments of these people rests on two grounds - a) Children are best taught in their mother tongue's as that is a language which is natural to them and b) Continued use of english represents british legacy and it somehow is in conflict with our idea of sovereignity.

With regard to the first argument, I have not seen any evidence or do I believe that fundamentally there is any reason for a child to have better learning capability in one language over another. To me that sounds like a truck load of crap.

On the contrary, the second argument has some merits to it. There are a lot of people I know/have encountered who like to use English as a means on impressing people or some how proving their superiority over others. This to me is a sign of mental block. In fact many a times, I try and respond to these people in crude english or best in vernacular language.

Superiority/Command over english is no sign of one's intellect or social or economic status and
any move towards believing or assuming so is purely a reflection of one suffering from an inferiority complex.

However the point that we miss in the above discussion is how incredibly important enlish as a language is and how indespensible it is.

I recently was in a non-english speaking european country and boy, was I relieved that people there spoke english. How else do you communicate? If there's any one language today which is standard or benchmark accepted globally - it is english and thank god for it!

People who keep on harping about the adverse impact of growing importance of english in the country need to be dumped to a foreign country and asked to live without using english - that should wake them up nicely. And we are here talking about simple living - finding food, locating places etc. Then comes the complex task of actually conducting business - which calls for much more standardisation and structuring of things and that's when you realise how important it is globally to have a single common language which everyone understands. Infact on that parameter, we have a long way to go...

If there's one good thing that happened from the vast and long british empire is the spread of english. God bless them for that...

I feel like laughing when people say that just because the french president speaks in french when he speaks in public or the chinese president speaks in chinese when he is in public - that's a sign of how much pride they have in their language, and we should do the same. What crap.
If we are addressing a global audience, there is absolutely no reason why we should speak in Hindi. We should speak the truly global language - English. But, if you are addressing an indian audience by all means use the local language (again what language you will use even there is a question - use Hindi and you run the risk of annoying/not reaching the people in southern states!).

So, in conclusion English is important and more important than we realise (I just realised how under appreciative I was of this language) and thank god for it!

That's it for now...