INS,IFWJ must jointly discuss issues of newspaper industry

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Thu Oct 9 15:51:32 EDT 2003


The INS and IFWJ could sit together and have a joint debate on the issues,
Veerendrakumar told a meet-the-press programme here. The venue of the
proposed discussion could be South India, preferably Kerala, he said.
Disagreeing with the IFWJ's stand that FDI should be allowed, as it would
bring in better technology, create more jobs and make the industry more
competent, he said the flow of FDI would only lead to the elimination of
several newspapers, reducing job opportunities. The majority of Indian
newspapers were in a crisis, especially in the Eastern part of the country,
where many newspapers had closed shop. Some had resorted to price wars for
their survival, he said. Most newspapers were surviving on advertisement
revenue, for which both the visual and print media were now competing, he
said, adding the two should complement and not kill each other. 

Source:
http://www.hinduonnet.com/thehindu/holnus/02082009.htm




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